Compass is not alone in needing to cut costs during a significant market downturn — and its future depends on it
A multitude of factors need to go right for Zillow Home Loans to meet its revenue goals and compete with traditional mortgage products
With billions saved — and lost — Opendoor is living by the creed 'go big or go home.' Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes
After a brutal Q3 in a rapidly shifting market, Opendoor has significantly slowed down its pace of home acquisitions
Opinion
UK-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey
Opinion
All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel
Opinion
Media headlines focusing on a pending US housing market crash are based on limited data that's skewed by the outsized 2021 numbers
Opinion
Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story?
A year ago, Zillow Offers was in a similar position to where Opendoor now finds itself, and Zillow shut down its iBuying operations. Here's why the path forward might be different this time
Cash is king. In today's market, a company’s cash flow determines if it is in control of its own destiny
Opinion
Year-over-year numbers don't take into account the fact that the pandemic years were radical outliers on a number of levels, real estate being just one
Opinion
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies
Opinion
After outpacing the competition, market conditions have finally caught up with the iBuyer, forcing it to prove that its model still works — even in a downturn
Opinion
Opendoor is deftly turning its super-skimpy buyer commissions into a competitive advantage to optimize its business model
Opinion
Hard on the heels of its partnership announcement with Zillow and its $62M FTC fine, Opendoor is banking on advertising to restore its brand reputation
Opinion
Find out what Compass' Q2 earnings numbers mean and what it's doing to cut costs in the face of its ongoing cash burn
Like much of the industry, Zillow's mortgage operation, which includes Zillow Home Loans, has seen a steep decline in revenue and continues to burn cash
Opinion
The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow's platform to feed Opendoor's sales funnel
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)
