Year of the off-market deal? DropOffer sees potential in 2023
Proptech DropOffer predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023
by Craig C. Rowe Jan 9
We asked a bot to write about real estate in 2022. This is the result
We asked the buzzy new AI tool ChatGPT to write a report for Inman on iBuyers, technology and tips for agents going into the new year. Turns out, the bot might have a bright future in real estate
by Jim Dalrymple II Dec 23
Proptech in 2022: Zillow rebounds, iBuyers stumble and MLSs grow up
Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022
by Craig C. Rowe Dec 21
Zoodealio's smart upgrades reflect an evolving industry: Tech Review
One-time Inman New Kid on the Block, Zoodealio's updates adjust to new purchasing models created by the mortgage-hybrids, and introduce another way to sell: Cash+
by Craig C. Rowe Dec 2
NYSE threatens to boot Offerpad over plummeting share price
Offerpad's stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which could make it more difficult to buy and sell shares
by Ben Verde Nov 21
Gary Keller: Tech firms' ancillary service strategy a 'big lie'
During Inman Connect, Keller discussed an array of topics with Inman founder Brad Inman. Keller said companies have to focus on 'dollars in, expenses out' as they reach for profitability
by Jim Dalrymple II Oct 19
DropOffer launches off-market buying solution in 6 new markets
DropOffer's app provides data on existing homes for agents and buyers to leverage when approaching off-market sellers and it gives buyers an alternative to what's on the open market
by Craig C. Rowe Aug 16
Mike DelPrete: In cooling market, agents are in for a 'dogfight'
Real estate tech expert Mike DelPrete will share what companies are doing to emerge victorious amid uncertainty at Inman Connect Las Vegas next month
by Andrea V. Brambila Jul 12
Congress targets investors and asks: ‘Where have all the houses gone?’
Committee takes up the growing reach of institutional investors at a hearing this week. The biggest companies now own more than 280,000 single-family homes to rent
by Taylor Anderson Jun 28
iBuyer survey reveals how much less sellers would accept for their homes
Clever's 'American Attitudes on iBuyer Companies' survey of 994 people reveals numerous facts about consumers and iBuyers, including the lengths they'd go to avoid a more traditional sale
by Craig C. Rowe Jun 16
Don't blame investors for run-up in home prices, Freddie Mac says
Researchers at the mortgage giant point to 4 things that drove the meteoric rise in home prices over the past few years. Investors weren't one of them
by Taylor Anderson Jun 13
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
Market shifts, rate hikes and why real estate stocks can't get a break
As real estate enters what one observer called a 'Wile E. Coyote' moment, real estate companies’ share prices continue to struggle amid market uncertainty
by Jim Dalrymple II May 30
OfferPad for sale sign
The company's expansions come on the heels of its second straight profitable quarter.
by Ben Verde 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