Offerpad cutting more jobs in conjunction with $90M raise
Struggling iBuyer confirms the company has laid off an unspecified number of employees in a second round of layoffs, with more details coming on Feb. 22 Q4 earnings call
by Matt Carter Feb 2
Purplebricks is a 'cautionary tale' for all tech disruptors: DelPrete
Opinion
UK-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey
by Mike DelPrete Feb 2
Does the commission lawsuit spell the end for NAR? The Real Word
Opinion
This week, Byron Lazine and Nicole White are talking about year-end home sales numbers, Jason Oppenheim's commission lawsuit comments, and the weekly media review Left, Middle, Right
by Byron Lazine Feb 2
Compass names Wendy Forsythe president of 3 western states
'California, Nevada and Hawaii represent our largest market, and we are thrilled to have Wendy onboard to lead our teams and agent entrepreneurs in this key market,' CEO Robert Reffkin said
by Ben Verde Feb 1
Home showings dip in December, but slowdown may be easing
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
by Jim Dalrymple II Feb 1
Offerpad buys more time with $90M raise as end of runway approaches
Private placement with existing investors including CEO Brian Bair extends the company's cash burn runway by six months to a year, dilutes existing shareholders KBW analysts say
by Matt Carter Feb 1
2023 may sink some agents — and that may not be a bad thing
Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel
by Jim Dalrymple II Feb 1
The ownership revolution, dominating Instagram and understanding the consumer
3 new expert-led classes available right now with Inman Access covering the latest industry news, social media opportunities and learning what consumers really want in today's market
by Inman Feb 1
Looking to renovate construction space, Freemodel secures $19.5M
Company handles planning, on-site project management and funding of construction projects, collects payments and fees on back end at closing and sells only through agents and brokerages
by Craig C. Rowe Jan 30
Freed from iBuying, Zillow wants more from its mortgage arm in 2023
To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023
by Daniel Houston Jan 30
Inman's Top 5 stories for the week of Jan. 20-26, 2023
Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Jan. 20-26, 2023
by Dani Vanderboegh Jan 27
Want to crush it in real estate in 2023? Get ready to be the educator
Real estate agents should prepare to point consumers toward information that will help them navigate a return to a normal, slower market, Anthony Lammachia said at ICNY on Wednesday
by Taylor Anderson Jan 25
Spencer Rascoff on CoStar-Move Inc. rumors: '$3B seems a little low'
Pioneers of consumer-first online home search weighed in from Inman Connect New York Wednesday on rumors that CoStar approached News Corp about purchasing Move Inc.
by Craig C. Rowe Jan 25
CoStar considering purchase of Realtor.com parent: Report
Acquiring Realtor.com would significantly advance CoStar's push into residential real estate — and bring it into greater conflict with the industry's existing power players
by Jim Dalrymple II Jan 25
Inman's Top 5 stories for the week of Jan. 13-19, 2023
Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Jan. 13-19, 2023
by Dani Vanderboegh Jan 20
Layoffs hit rent-to-own company Home Partners of America
Layoffs come a week after the shutdown of RealSure, Home Partners' iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management
by Matt Carter Jan 19