Opinion
Compass stock is worth less today than it was in 2019, meaning agents who invested into the agent equity program since then have lost money on their investment
Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready?
Offerpad's latest financials strongly suggest that a less venture-funded, less tech-enabled, more real estate-focused, and less breakneck version of iBuying can be (almost) profitable
Ahead of Inman Connect next week, Knock CEO Sean Black dished on the tech trends he expects to accelerate this year
Recent months have seen team after team decamping for eXp. The leaders of those teams say they were persuaded by lucrative revenue sharing options and by watching fellow agents switch first
Opinion
Zillow's experience shows that adding ancillary services is a long, slow road that requires big investment, patience, and a smart, consumer-first approach
The suit claims eXp tried to solicit franchisees whose contracts with RE/MAX weren't over yet, and that it misrepresented RE/MAX's commission splits, among other things
Teams are less and less constrained by geography thanks to powerful new upstart companies, even as control of real estate technology becomes more centralized
Leading industry analysts shared with Inman their evaluations of Compass's earnings and how the path to profitability could impact agents
Despite all of the activity of the major portals, the monetization ratio has remained constant
The various pieces of adjacent services are being built, but they still need to be assembled in a credible way that reinvents the transaction at a meaningful scale
Opinion
Attempting to directly compete with market-leading real estate portals is an incredibly difficult proposition — with success unlikely
The business model is undoubtedly here to stay, but not without its recovery challenges
Opinion
Customer acquisition costs for major iBuyers is roughly similar at $3,000-$4,000, which is about 2-4X more than Redfin
Opinion
The point is that Zillow and Opendoor are actively losing money to gain market share, and if you're in the real estate industry, concerning yourself with disruptors willing to lose billions is a good use of time