At 7:44pm last night an email dropped into my inbox with news that will change the course of the real estate industry for the next several decades. Gary Keller is back as CEO of Keller Williams. The interesting thing is, he never actually left. He was simply behind the scenes, leading through others. Gary has … More Gary Keller is Back as CEO of Keller Williams – 4 Things We Can Learn From His Leadership
$18.6 Million. $36.4 Million. $10.7 Million. Nope, those aren’t profit numbers, or even revenue. Those are the net losses sustained by Zillow, Redfin, and eXp, respectively, in the first quarter of 2018. And yet, those three companies combined are valued at over $3.3 BILLION dollars. How? Why? Why are these real estate companies receiving massive … More Why Are Real Estate Companies with Zero Profit Being Valued at Billions?