WeWork reportedly posted a loss of $1.25B in the 3rd quarter, according to 'The Wall Street Journal'
The US real estate technology sector nabbed $1.9B in growth equity capital in the 3rd quarter of 2019, but will WeWork's debacle hurt the market?
Mike DelPrete found that iBuyers' business model differs from traditional home flippers. He also suggested iBuyers can profit from staying in their lanes
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate
The company also reported it lost $4.6B in its WeWork stock value after WeWork's failed initial public offering
'If anyone thinks Zillow is doing Zillow Offers to make money on home price appreciation, they’re wrong,' Rich Barton told the audience at Zillow's Unlock event Monday
SoftBank will bail out the coworking giant to the tune of nearly $10B while news outlets report that founder Adam Neumann has been offered a $1.7B exit package.
The takeover will reportedly value WeWork at around $7.5B and hand SoftBank approximately 70% of the company
Homesellers in Utah's picturesque capital city can now get quick and easy offers from the nation's biggest dedicated iBuyer
Robert Reffkin told The Real Deal that Compass doesn't plan to go public in the next 18 months, and a Compass spokesperson said WeWork's failed IPO won't impact the company's plans
Plus, Justin Bieber's Instagram spree to sell his mansion
Compass CEO Robert Reffkin wasn't invited. Opendoor CEO Eric Wu was, but won't attend this year's Future Investment Initiative event
The new leaders — none of whom have backgrounds in real estate — have previous experience working at Amazon, Netflix, Hulu and in the venture capital industry