A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3
Opendoor aims for 2-minute pre-approvals with new app
The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals
by Jim Dalrymple II Jun 2
Opendoor teases a non-MLS platform to market its inventory
Opinion
Tucked away in Opendoor's recent earnings call was an illuminating statement by its CEO that sheds light on its exclusive supply strategy
by Mike DelPrete May 25
Zillow, Opendoor and Compass debut on the Fortune 500
The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries
by Jim Dalrymple II May 23
Compass approaching 'critical' cash burn: Mike DelPrete
Opinion
Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses
by Mike DelPrete May 18
Opendoor's growth has 'materially accelerated': DelPrete
Opinion
2021 was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger
by Mike DelPrete May 16
Zillow flexes in the face of a cooling market: DelPrete
Opinion
Zillow and Realtor.com's Q1 results shine a light on two key factors: overall revenue growth is slowing and Zillow's next-gen lead gen business, Zillow Flex, is building momentum
by Mike DelPrete May 10
Does a good earnings season foreshadow trouble ahead?
Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of 'headwinds' on the horizon
by Jim Dalrymple II May 9
Zillow turns a profit in Q1 as housing market gets 'choppy'
The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days
by Jim Dalrymple II May 5
Zillow's Flex model offers 'next gen lead gen': Mike DelPrete
Opinion
Zillow's new strategy has the company going back to its roots, doubling down on agent lead gen, and extracting more revenue from real estate commissions
by Mike DelPrete May 5
Offerpad stays profitable for second quarter in a row
The iBuyer earned about $41M in profit during the first 3 months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday
by Jim Dalrymple II May 4
Opendoor launches in Detroit and Southwest Florida
The iBuyer is also deepening its market reach in the Portland, Oregon, area following an expansion last month into the Northeast
Mortgage is emerging battleground to watch in 2022: Mike DelPrete
Opinion
Recent growth and contraction in the mortgage, iBuyer and Power Buyer space have resulted in a reshuffling of the largest businesses aiming to disrupt the industry
by Mike DelPrete Apr 29
As Power Buyers gain popularity, distinguish between friend and foe
Era Ventures Managing Partner Clelia Peters spoke with Ribbon co-founder Wei Gan and Divvy Homes CEO Adena Hefets at Inman Connect New York about the ways Power Buyers operate
by Matt Carter Apr 20
The iBuying lessons Jason Aleem is bringing to Redfin's sales team
After helping Redfin's iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era
by Daniel Houston Apr 13