Mike's Stories

Opinion
Home price appreciation is through the roof, and that's good news for Opendoor. Its current listings are averaging 17% increases over the purchase price
Mar 23
Opinion
Like Zillow, the biggest real estate tech companies have set their eyes on agent commissions as the answer to their revenue needs. Find out how they plan to get that money out of agents' wallets
Mar 14
Opinion
In a notoriously slow-moving industry, the major, publicly listed brokerages all posted impressive revenue, transaction and agent count growth in 2021. Mike DelPrete crunches the numbers and explains what they mean for the future of brokerage
Mar 8
Opinion
Opendoor, the original iBuyer and undisputed category leader, is laser-focused on scaling nationally and proving that it has a winning model. Economies of scale will be a key part of the equation
Mar 8
Opinion
After shuttering Zillow Offers, the company is going back to its agent lead gen roots, according to Mike DelPrete. It's looking for an additional $1.5B to be paid by real estate agents
Feb 14
Opinion
Despite some setbacks, 2021 was a massive year for iBuyers, with more houses bought and sold by the platforms than ever before
Feb 4
Opinion
A comparison of Zillow Offers and Opendoor highlights the critical importance of pricing in iBuying. There's an understated elegance in the detail; it's not just buying low and selling high. But what makes for a successful pricing operation?
Dec 20
Real estate portals around the world are making huge bets on next-generation lead generation tools that target buyers and sellers and include lead qualification standards and commission sharing, otherwise known as success fees
Nov 23