People Roundup: RE/MAX, Schibsted, Scout24

March 1, 2024

New faces and old faces in equal measure in this week's people roundup, including an ousted CEO in the U.S. and an industry veteran getting a promotion in Northern Europe...

 

RE/MAX replaces CEO after 6 consecutive quarters of falling revenue

The struggling US-based real estate franchisor RE/MAX has a new CEO after announcing incumbent Nick Bailey had been replaced after revealing its revenue fell for a sixth consecutive quarter last week.

Amy Lessinger becomes president of the company, reporting to RE/MAX Holdings CEO Erik Carlson.

RE/MAX reported a net loss of $69M for 2023 with revenue falling to $325.7M, a 7.8% drop from 2022.

Agent numbers in the US fell 6.1% for the year and are falling so far in 2024. However, the company's mortgage product Motto Mortgage experienced muted growth in Q4.

RE/MAX was voted the most trusted real estate agent in the USA in 2019, 2022, 2023 and 2024.

 

Schibsted appoints new business director for Nordic Marketplaces segment

Schibsted has appointed Anna Leinonen as business director for real estate marketplaces in the Nordic region as of this February.

Leinonen has plenty of previous marketplace experience from her time at horizontal platform Oikotie, which was acquired by Schibsted in 2020.

Leinonen will oversee FINN in Norway, Tori and Oikotie in Finland, Bilbasen and dba in Denmark, and Blocket in Sweden.

 

Scout24 appoints new member of the board

Scout24, the operator behind the leading German marketplace ImmoScout24, has expanded its board of directors with the appointment of Dr Gesa Crockford as Chief Commercial Officer.

Crockford will join the board on April 1, 2024. In her new role, Crockford will oversee the sales organization with Scout24's customer service, CRM and sales analytics functions.

March 1, 2024
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Product Update July4
Product and Services Roundup: Cian, DomClick, Kleinanzeigen, Rightmove, iMyanmarHouse

We'll kick off this week's Product and Services Roundup with some nifty tools coming out of two Russian portals...  ...

Read More
People Roundup 4July 1
People Roundup: REA India, Lifull, REA Group, Rightmove

This week's People Roundup starts with a major C-Suite appointment in India...   Asia: REA India confirms new CEO appointment...

Read More
BCG Generic 2
Baltic Classifieds Group Sees 15% Revenue Growth in Yearly Results

The online classifieds operator Baltic Classifieds Group (BCG) has reported 15% revenue growth for the 12 months ended April 30th....

Read More
redfinrocketacq 3
Rocket Companies Completes $1.8Bn Redfin Acquisition

Rocket Companies has finalized its acquisition of Redfin for a reported $1.8 billion, consolidating the most-trafficked brokerage site with the...

Read More

Editor's Pick