These contract terms incentivize agent retention by creating an ever-growing bill that must be paid before leaving for a new brokerage
The recent market shift has been a 'great equalizer,' accentuating the differences among brokerage models and the importance of agent count
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include 2 models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
Second Century Ventures Managing Partner Tyler Thompson will join zavvie's board of directors, the company announced
Windermere Offers will allow people working with the brokerage's agents to compare various options for selling their homes
The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market
The company won the 2022 Pitch Battle sponsored by the National Association of Realtors, claiming a $15,000 prize from Second Century Ventures, NAR's for-profit investment subsidiary
Zavvie's offer comparison models are now presentable within MoxiePresent, a part creative, part analytical demonstration software that gives agents new, dynamic ways to pitch business
Kentwood Advantage aims to provide more options to homesellers and homebuyers in Colorado, maximize their profits and find the best way to win offers, according to Kentwood
Austin, Texas-based mortgage platform has more avenues to partner with real estate brokerages as it looks to expand its footprint to 23 states by the end of the year
Opinion
Opendoor made over 2M offers to curious homeowners in 2021, exponentially more than ever before. This highlights the growing potential of Opendoor's 'top of the funnel' customer appeal — which is beginning to rival Zillow
Opinion
The heady days of record home price appreciation — the most significant driver of iBuyer profitability — appear to be coming to a close (for now)
Opinion
As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies
Opinion
The market is softening and it's reflected in quarterly declines. Fewer transactions mean less brokerage revenue