Mike DelPrete Intel exclusive: Big brokerages spar in race to cut costs

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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. Continue reading →

What happens when the battle for agent count runs out of steam?

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Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending Continue reading →

5 key questions to ask your seller facing foreclosure

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If you are considering taking on a foreclosure listing, you need to make sure it is the best solution for all involved parties. Listing expert Minna Reid says you need to ask these five questions before you list the home for sale. Continue reading →

Website builder Luxury Presence lays off 44 employees

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Luxury Presence has laid off 44 people. Founder and CEO Malte Kramer told the company it moved quickly to seize on the real estate market’s recent momentum by hiring quickly and capitalizing on available capital. Continue reading →

Kelman: ‘I probably should have closed the iBuying business earlier’

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Redfin’s CEO told the “AP” he wishes he’d closed RedfinNow earlier than during the market correction taking place, calling the business model too risky and expensive. Continue reading →

Indie brokerages lead the way in 2022 NYC agent growth: Report

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In the midst of one of the most confusing markets in recent history, New York City’s independent brokerages led the way in agent count growth and retention — two metrics at the top of most leaders’ minds as we inch closer to entering a mild recession. Continue reading →

Lower signs Opendoor as first mortgage platform customer

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Lower’s “mortgage as a service” platform lets brands offer digital-first mortgages through application programming interface and no-code solutions. Continue reading →