Winners and losers: Here's Inman's Top 5 stories of the week
Wondering what you missed this week? Catch up with Inman's Top 5 stories
by Dani Vanderboegh Aug 4
To win this summer, homebuyers in California are turning every stone
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
by Marian McPherson Aug 4
Fewer transactions result in falling profits for eXp World Holdings in Q2
EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2B, and its gross profit decreased 10% to $96.5M, according to a Q2 earnings call Thursday afternoon
by Ben Verde Aug 4
Did the US dodge a recession? As outlook softens, analysts reassess
A rising tide of economists are backing away from early forecasts that the US is very likely to enter a recession later this year or by the first quarter of 2024. But some still see dark clouds ahead
by Taylor Anderson Aug 4
How a controversial TikTok spurred investor pushback: The Download
This week: When a TikToker claimed that 'an entire neighborhood' was up for sale, the portfolio listing sparked a debate over displacement and institutional investment
by Christy Murdock Aug 4
Redfin narrows losses amid rough Q2 as it braces for more turbulence
Redfin's Q2 revenue declined 21% year over year to $275.6M, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday
by Marian McPherson Aug 3
A 'hyper-authentic approach': Tom Ferry partners with Client Giant
The partnership gives Ferry's network of real estate professionals access to the client satisfaction and retention platform, according to a statement
by Ben Verde Aug 3
Opendoor rebounds with profitable Q2 despite steep revenue decline
The iBuyer sold fewer homes and brought in less cash than it did during the same period in 2022, but it still managed to land in the black to the tune of $23M, according to Q2 earnings on Thursday
by Jim Dalrymple II Aug 3
Airbnb profit jumps 72% as more homes are rented out short term
Revenue for the company grew to $2.5B in Q2 buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released on Thursday
by Taylor Anderson Aug 3
Compass hires former Better Homes and Gardens agent
Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. Magsaysay says he's developed a 'people first' leadership strategy
by Ben Verde Aug 3
Will Zillow's Listing Showcase jolt agents with pay-per-listing pivot?
Zillow's new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions
by Mike DelPrete Aug 3
Location! Location! Funding! Local Logic lands $13M in Series B round
'With an increasingly complex real estate market, our proprietary insights have become crucial in understanding location's impact on ROI' - Local Logic's Vincent-Charles Hodder
by Craig C. Rowe Aug 2
Is ableism hurting your pipeline? An inclusive marketing plan is key
Opinion
On the 35th anniversary of the Capital Crawl, a demonstration that helped push the Americans with Disabilities Act into law, now is the time to ask: Is unintentional bias turning off prospects?
by Rachael Hite Jul 25
self talk, self esteem, negative self talk
The stories you tell yourself and the language that use can impact your attitude and performance. Here's how to keep self-talk positive
The agent's guide to crafting a winning unique value proposition
Your unique value proposition is more than just a catchy slogan. It’s a powerful way to differentiate yourself from your competition
by Jeremy Knauff Jun 3