According to Mike DelPrete, high debt, low cash and a lack of profitability in its business model call into question Redfin's current trajectory and its plans for the future
Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time
With a historically high cash burn, Compass needs to cut faster and deeper than most other brokerages — and it is
Opinion
Profitability requires more than an eye on the bottom line. You also need to focus on agents and maintain an overarching brokerage vision
During a session Wednesday at Inman Connect Las Vegas, real estate tech expert Mike DelPrete said staking out a piece of the agent commission pool is baked into newer business models
Opinion
Those who will come out ahead are those who consistently show up, follow a playbook, and spend whatever time is necessary on the activities that matter most
As the market turns, investor interest in new industry disrupters may be waning. At Inman Connect Now, Clelia Peters and Nick Bailey explore where that leaves traditional brands
After 8 years, California-based iBuyer Opendoor reached profitability while logging a new revenue high of $5.2B, according to an earnings report released Thursday
With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for marketshare in 2022. Here are the biggest challenges Offerpad faces next year
IBuyers are closer than ever to profitability. But the overwhelming majority of profits are coming from record home price appreciation, which won't last and is on the decline
Leading industry analysts shared with Inman their evaluations of Compass's earnings and how the path to profitability could impact agents
Though no one knows what 2021 will bring, it's important to create something to look forward to. By aligning your team with opportunities and visualizing where you're going in the future, you'll be able to move forward with confidence
10 team leaders, 10 short videos, 10 strategies. Tune in to learn what's working for top teams
Real estate provides the opportunity to grow wildly profitable businesses. Follow these tips to put yours on the path to success
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The answer may not be as complicated as you think