LoanDepot warns more layoffs are coming — but on a smaller scale
With headwinds in sight for 2024, loanDepot plans to slash $120M in annual expenses following 3 consecutive quarters of cuts, CEO Frank Martell said during a Q3 earnings call Tuesday afternoon
by Matt Carter Nov 8
'Sue the lawyers for defamation': Your post-Sitzer sound-off
We asked what changes you're seeing, and what changes you're making, now that the first of the commission lawsuits is officially in the rearview mirror. You had thoughts
by Inman Nov 7
Distance yourself from disaster. 10 to-dos in the wake of Sitzer
Do you feel like NAR is playing a game of chicken with your business? You're probably not alone. Here are 10 action steps you can take right now to build sustainability into your business
by Rachael Hite Nov 6
That's a lot of zeroes. So where do we go from here? The Download
This week, we're breaking down the aftermath of that $5B verdict in favor of the plaintiffs in the bombshell Sitzer | Burnett commission lawsuits
by Christy Murdock Nov 3
Vrbo parent company Expedia reports 'best-ever' quarter
Despite Vrbo itself struggling, Expedia, the travel booking company that owns the short-term rentals platform, recorded $425M in profits during the third quarter
by Ben Verde Nov 2
EXp maintains profitability as revenue declines 2% to $1.2B
EXp World Holdings' revenue declined 2% annually to $1.2B in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4M
by Marian McPherson Nov 2
Redfin posts profitable Q3 despite another quarter of falling revenue
The company posted profits of $98.3M, up 8% from the third quarter of 2022, while tallying $269M in revenue, a decrease of 12% from a year ago, according to third-quarter earnings Thursday
Realtor.com chief: Buying without an agent was 'terrifying'
Damian Eales lauded the American system of having agents representing buyers and sellers, but said that change is likely coming thanks to lawsuits and the DOJ
by Jim Dalrymple II Nov 2
Offerpad on path to profitability as net losses slid 75% in Q3
The iBuyer reported Q3 earnings Thursday, with revenues declining 71% YOY to $234.2M. Offerpad dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024
by Marian McPherson Nov 2
Defy the market by showing your expertise and using tech wisely
'Co-opetition' between agents, tools like ChatGPT, and showing clients your value and how much you care will be important for agent success in 2024, Inman Connect panelists said
What to say to clients who've had bad experiences with teams
While some clients can see the value in a team structure for their real estate transactions, others are resistant. Erin McCormick Torres tells you what to say and how to set expectations
soda, pop, coke, coca cola
How can you level up your marketing with high-value offerings? Here’s Keller Williams VP and bestselling author Jay Papasan’s list of value adds that your sphere won’t soon forget
by Jay Papasan Nov 1
'The new norm is tough': Ivy Zelman on the future of the housing market
In her Inman Connect conversation, Ivy Zelman said she doesn't see the a repeat of 2008, but she also doesn't expect the market to get easier for anyone anytime soon
by Ben Verde Nov 1
Emphasize education to crush it this fall, Anthony Lamacchia says
At virtual Inman Connect on Wednesday, Anthony Lamacchia of the Crush it in Real Estate training platform revealed the 2 most important points to share with clients in the current market
by Ben Verde Nov 1
Verdict's in: Brad Inman, experts break it down at Inman Connect
Join Brad Inman, Kendall Bonner and Russ Cofano at Virtual Connect Wednesday as they tackle the historic Sitzer | Burnett ruling and what it means. It’s part of a 2-day virtual ticket, only $149
by Inman Nov 1