Mike's Stories
The real estate portal behemoth is a lead generation machine, and its recent foray into iBuying is no exception
Although not a full-scale retreat on Opendoor’s part, co-listing with agents is the strongest signal yet that agents are important to its current growth strategy
The basic idea behind network effects is that the more people that use a service, the more useful it is, and Zillow simply is on top in that respect
Real estate portals are in position to capture consumer demand for iBuying services because they are at the start of the consumer journey
New numbers from Phoenix show the real estate tech giant will make $9.3M on home sales this quarter, but still has lots of unsold inventory
It's not a binary thing, but what is clear is that Compass is less of a tech company than its peers
News Corp.'s acquisition of Opcity is huge because it has a referral fee business model where customers are worth 36x more than a lead
Opinion
Investors and entrepreneurs assuming that tech will disrupt the real estate industry in the same way it has with low-value, high-frequency transactions are taking a myopic view
