Tag: real estate industry news

Net loss was $90.2 million, compared to a net loss of $18.9 million in the third quarter of 2021

CEO Glenn Kelman said on Wednesday that brokerage was laying off 862 employees

For the nine months ending September 30, Elliman reported $945.8 million in revenue compared to $1 billion in the 2021 ...

Agents wrote contracts with volume of $414.7 billion, down 4.7 percent over the same period of 2021

Revenue did increase 48 percent year-over-year to $3.4 billion

Q3 net loss was $80.0 million compared to $15.3 million one year ago

As a whole, the company lost $53 million during the third quarter

The 18 percent staffing reduction was in response to "navigating one of the most challenging real estate markets in 40 ...

Net income, however, was down significantly due to the slowing market

Reelitz formerly Served as CFO and COO at Cushman Wakefield Americas