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AGNT Surges on Agent Productivity | Real Estate News
Description
AGNT just smashed records with $1.4 billion in Q2 revenue, up 11% year-over-year — fueled by smarter agents, not just more of them. Their AI-native platform is driving a 6% productivity boost per agent, and 41% of new hires are joining as teams, thanks to a system built for engagement and output. While the NextHome acquisition added fresh talent, its short-term profit impact is muted — it’s more of a franchisor model. Still, AGNT’s cash reserves grew, adjusted EBITDA jumped over 100% to $25.7M, and transactions rose 12% to over 132K. They’re staying on track with revenue forecasts but tightening EBITDA guidance — betting big on agent efficiency as their long-term growth engine.
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