Opinion
The current evidence supports more of checkmark-shaped recovery rather than a V- or U-shape — beginning with an immediate drop that lasts 3-4 weeks, followed by a gradual recovery
Opinion
This tactical move is by no means a sign that iBuyers will fail. Opendoor’s deep pockets allow it to weather the current storm and remain intact (albeit smaller)
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
Opinion
One of the top leading indicators of transaction volume decline, new listings, has dropped an average of 63% in the markets earliest hit by COVID-19
In this fast-moving, dynamic time, portals are making significant moves to retain their agent clients and ease their financial burden
Opinion
Only those who are fast, adapt gracefully, and have the strongest foundations and balance sheets will survive and thrive in the recovery
Opinion
Today’s market environment will finally shine a light on how the iBuyer business model will react as consumer demand wanes, and there are certain recognizable advantages
Opinion
Attempts to compete directly with the leading portals — from both upstarts and financially strong runner-up portals — have met with limited success
Opinion
The foundations have been laid. The question is: Can Compass make it all come together in 2020?
Purplebricks’ H1 2020 financial results highlight a business whose growth has clearly plateaued and reached maturity in the UK, putting a ceiling on its future growth prospects
Zillow’s drive to dominance in the greater New York City real estate market reveals the path to market power of real estate portals around the world
Being the place where consumers go to start their property search, even with alternate options, often yields more effective results
Opinion
To fulfill their strategies and build a viable business that makes money, iBuyers will need to operate walled gardens
Opinion
The best practice — and the most transparent — is talking about equity as equity, debt as debt, and not inflating the headline number by combining the two
Opinion
Evidence suggests that Zillow is taking iBuying seriously, but its motivations might differ significantly from other players
Opinion
With no iBuyer strategy, yet many options, realtor.com is falling further behind in delivering value to both consumers and agents. Here’s why
Opinion
The tech-driven brokerage needs to be more than that to justify its valuation — a real estate platform perhaps? Here’s why I think that’s the ultimate goal
Opinion
Having raised over $1.1B, Compass is unequivocally causing a revolution in the traditional real estate industry
Regardless of whether Compass is a tech company, it needs to be one — both to support its massive valuation of $4.4B and to be a lasting, sustainable business
The tech-focused brokerage’s competitve advantage is access to capital, and it’s parlaying that advantage into a massive agent recruiting tool at scale
