Opendoor revenue rises more than 1,400% in Q4, but losses mount too
The iBuying giant earned $3.8B in revenue between October and December last year. The latest numbers highlight the uniqueness of Opendoor's growth strategy
by Jim Dalrymple II Feb 24
How to make sense of iBuying in 2022, post-Zillow
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
by Jim Dalrymple II Feb 2
Gary Keller named the most powerful person in real estate
Other industry leaders who landed top spots on the prestigious Swanepoel Power 200 ranking include eXp's Glenn Sanford, Realogy's Ryan Schneider and Compass' Robert Reffkin
by Jim Dalrymple II Jan 11
HomeSmart files IPO paperwork
The tech-enhanced brokerage is the first major real estate firm to move toward a stock market debut in 2022. That move, however, comes after a tumultuous year for publicly traded real estate firms
by Jim Dalrymple II Jan 7
Can eXp Realty maintain rapid, sustainable growth in 2022?
There's no doubt that eXp has been on a hot streak, but that doesn't mean the brokerage lacks challenges to consider as it looks to 2022, including scaling operations through rapid growth
by Lillian Dickerson Dec 29
In 2022, Compass is all about playing 'the long game'
Compass East President Neda Navab shares the brokerage's plan to create the best end-to-end transaction experience, whether iBuying is in Compass' future, and how they're handling a lackluster stock market performance
by Marian McPherson Dec 27
Real estate in 2021 was weird, wild and always unpredictable
The year saw explosive rivalries, wild stock market performances and plenty of rage
by Jim Dalrymple II Dec 13
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
Compass sees both revenue and losses rise in 3rd quarter
The brokerage brought in $1.74B between July and September, but also lost $100M — and sees seasonality returning to the business
by Jim Dalrymple II Nov 10
What to Watch for: Zillow's Q3 2021 earnings results
With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into its Q3 2021 earnings on Tuesday. Here are 4 things to keep an eye on
by Marian McPherson Nov 2
WeWork finally goes public, stock jumps on 1st day of trading
At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering
by Jim Dalrymple II Oct 21
3 moments that made Side CEO Guy Gal
Gal's billion-dollar company has its origins in its co-founder's own experiences — both good and bad — buying real estate
by Jim Dalrymple II Oct 19
Compass stock, market cap tumbles to new low
The company's shares ended Monday trading at $10.74, down significantly compared to when they debuted about 6 months ago. The drop reduced Compass' valuation to $4.2B
by Jim Dalrymple II Oct 11
Market analysts increase Compass revenue forecast to $6.3B
After solid second-quarter earnings, investment analysts are predicting Compass' stock will rise back to the level of its initial public offering performance
by Marian McPherson Aug 16
Airbnb slashes losses, sees 299% rise in revenue in Q2
The short-term rental giant lost $68M between April and June — a vastly smaller sum than the $1B it lost a quarter earlier, according to earnings figures released Thursday
by Jim Dalrymple II Aug 12