Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
Recent: |
|
Past: |
|
The real estate industry is in the midst of a massive financial reckoning. Amidst this turmoil, the industry is bifurcating into predators and prey — companies that have the resources to expand through acquisition and those burning cash that are vulnerable to takeover. → Read More
The market is softening and it's reflected in quarterly declines. Fewer transactions mean less brokerage revenue. → Read More
Zillow announced Tuesday that it is exiting its iBuyer business, Zillow Offers. After racking up over $1 billion in losses over 3.5 years, Zillow is closing the business down, a move that has significant implications for the real estate industry. → Read More
Real estate tech disruptors are investing billions to build integrated brokerage and mortgage experiences. Some have more resources than others, but all have the same scaling bottlenecks. And in the end, the biggest disruptors — and who is most at risk — might come as a surprise. → Read More
It appears that Zillow's longstanding traffic lead over realtor.com is diminishing. It’s insignificant in terms of competitive advantage and revenue uplift — and might simply be an artifact of pandemic browsing patterns — but it does reveal a deeper truth around portal monetization. → Read More
The iBuyers are down but not out. Recovery continues at pace, and the business model is undoubtedly here to stay, but not without its recovery challenges. → Read More
A new threat emerges that, while still a long shot, possesses the greatest potential to disrupt the dominant position of real estate portals. → Read More
From a transaction volume standpoint, the pandemic was not kind to iBuyers. Overall volumes and market share are set to drop by 50 percent compared to 2019. → Read More
The biggest threat to traditional commission structure might be iBuyers, which have been waging a silent, systematic war on buyer's agent commissions. → Read More
A key assumption for long-term success is the ability to attach adjacent services to the transaction. Let's look at the data around Opendoor's traction. → Read More
According to an analysis by Mike DelPrete, as the world begins to recover, the data shows that the longer and more severe the lockdown, the faster the initial recovery. → Read More
With no iBuyer strategy, yet many options, realtor.com is falling further behind in delivering value to both consumers and agents. Here’s why. → Read More
In real estate, optimizing the commission split and generating revenue by selling mortgages is what brokerages have been doing for years. But investors didn’t pump over $1 billion of venture capital in Compass to build a basic brokerage. So, what is Compass’ end goal? Let’s take a look at the numbers. → Read More
Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability. → Read More
The company often refers to itself as a tech company and a tech-enabled brokerage, which is part of the lure of the Compass vision — and the underpinning of its massive $4.4 billion valuation. But is Compass a tech company or a traditional brokerage? Find out here. → Read More
How has Compass grown so quickly? What’s the secret to its meteoric rise, and what is it that investors see that justifies its massive valuation? This deep dive into Compass looks to provide evidence-based answers to those questions — and more. → Read More
The stock price is significantly down from the highs of last year, the U.S. and U.K. CEOs are out, and revenue guidance has been repeatedly downgraded. Find out what other challenges Purplebricks faces in the U.S. here. → Read More
Between Zillow’s powerful grasp over the start of the consumer homebuying journey and the relative ease of instant online offers, it’s no question that the listing powerhouse can dominate this new frontier of buying and selling. → Read More
Last week, Zillow announced a major strategic shift: Along with a new CEO, it made clear that its top focus is its Zillow Offers iBuyer business. Here's a look at the highlights from that announcement. → Read More
Axel Springer, the $6 billion European media house, is going "all in" with online hybrid agents, through its investments in Purplebricks and Homeday. It's making a calculated bet that competing with its real estate agency customers is the best long-term strategy. → Read More