Monday Morning Cup of Coffee: Time to cut the MLS cord?

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
W S
Investments / The Ticker

Re/Max Holdings 2Q earnings beat expectations

Grows pool of real estate agents

money flare
/ Print / Reprints /
| Share More
/ Text Size+

Re/Max Holdings (RMAX) recorded better-than-expected second-quarter revenue as it continued to grow its pool of real estate agents. The real estate company decided to go public back in October 2013, according to an article in MarketWatch.

Chief Executive Margaret Kelly said the company continued to expand its network of agents, maintained expense discipline and expanded margins, while also noting mixed trends in the housing market.

Re/Max reported a profit of $4.4 million, or 36 cents a share. A year-earlier, the company reported breakeven bottom line results. Excluding debt-extinguishment losses, asset-sale gains and other items, adjusted earnings were 45 cents.

Source: MarketWatch
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus