Inman reveals winners of inaugural Best of Proptech awards for 2023

In recognition of the entrepreneurs, venture capitalists and visionaries pushing real estate forward, the “Best of Proptech” honors cap the yearlong expansion of Inman’s awards program. Continue reading

‘Run for the fire’ Liz Gehringer shares advice for a downturn

“This is not a time to stabilize. If you stabilize in a market like now you’re going to fall behind. You have to grow,” Redfin’s Jason Aleem said at Inman Connect Las Vegas Wednesday. Continue reading

Referral fees from so-called ‘paper brokerages’ including Zillow inflate commissions by $15B a year: CEO

Calling it a “kickback scheme,” HomeOpenly CEO Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don’t actually buy and sell property. Continue reading

Ribbon back in expansion mode with push into Illinois and Michigan

Less than two months after layoffs, the power buyer says it’s still on track to meet a goal of being operational in 25 states by the end of the year. Continue reading

Mortgage company Homepoint laying off ‘hundreds’ of workers

The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an “extremely challenging” lending environment. Continue reading

WATCH: Power Buyers at ICLV say cash offers will never go out of vogue

Knock and HomeLight CEOS are witnessing a sea change as the market shifts, but they said that doesn’t necessarily mean buyer and seller appetites for cash offers will change anytime soon. Continue reading

Power Buyers ready to power through market shift

While funding may be scarce for real estate startups, Power Buyers Knock and HomeLight CEOs Sean Black and Drew Uher said at Inman Connect, that they aren’t having trouble securing capital. Continue reading

HomeLight founder and CEO Drew Uher: Power Buying is here to stay

HomeLight announced on June 29 that it planned to cut an unspecified number of jobs. Uher is confident in Power Buying and shares his views ahead of Inman Connect Las Vegas. Continue reading

HomeLight raises $115M and acquires cash offer rival Accept.inc

Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading

The transaction of the future is all cash and requires less paperwork

Clelia Peters asked speakers during an Inman Connect panel a series of rapid-fire questions about how agents and real estate tech companies would handle real estate transactions in the future. Continue reading