Opendoor’s record-low selling costs dropped from 3% to 2.1%, which is likely the result of Opendoor continuing to push down buyer's agent commissions offered on its houses
Compass is losing less money per transaction as it scales, but it's still losing a lot of money, making a path to profitability uncertain
As Century 21 approaches its 50th anniversary this year, the company faces unique challenges when it comes to technology and brand relevance
There is one significant risk — an achilles heel — to portals: They don’t control their inventory
Opinion
Our industry needs to better understand the economic equation of iBuying. The request is simple: Have an honest, upfront conversation about profitability
Mike DelPrete's 5 megatrends of real estate tech include the ongoing growth of new business models, a battle for adjacent services and one that might surprise you
Most agents' income still comes from commissions, but the compensation landscape has never been in greater flux than it is now
Redfin's iBuying program and ancillary services should continue to be important parts of the company's expansion. It'll also have to contend with flashy rivals and a fair housing lawsuit
Opinion
The iBuyer market share and transaction volumes isn’t a failure of the model, but rather a result of it
Opinion
Disruption in real estate is being led by companies — and shareholders — willing to bet and lose billions of dollars
Opinion
It's time to get ready for the end of the de facto 6% payday. When it comes to commission compression, it's not a matter of if, but when
Does the success of the iBuyer model come at the expense of the traditional real estate structure?
Opinion
Most of the largest real estate disruptors are moving toward hiring agents for new brokerage services — that's nearly $35B in enterprise value pushing in this direction
In response to the pandemic earlier this year, leading real estate portals reacted by rolling out discounts and new products. Now, the results are in — and here's the revenue impact
The new listing volume data suggests that the harder the lockdown, the bigger the drop in new listing volumes — and the faster the recovery