Kentwood Real Estate partners with zavvie for new iBuyer program

Kentwood Advantage aims to provide more options to homesellers and homebuyers in Colorado, maximize their profits and find the best way to win offers, according to Kentwood. Continue reading

Homeward sheds 20% of workforce amid ‘sudden and sizable’ downturn

Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading

Zillow and Opendoor’s partnership: ‘A match made in lead-gen heaven’

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. Find out how Mike DelPrete sees this shift playing out and impacting the iBuyer market. Continue reading

What’s your top tech hack? Pulse

This week, we’re asking: What top tech hack do you pride yourself on knowing, whether you learned it in a CE class or on your own? Continue reading

Real (Estate) Talk: Is this overzealous charity work or rightful amends by NAR?

Historical inequities in the real estate industry created harm, according to author and trainer Lee Davenport. As Realtors, we have a collective responsibility to make things right, or at least better. Continue reading

Douglas Elliman revenue declines in the face of luxury housing shortage

Douglas Elliman’s revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its third earnings report as a public company. Continue reading

WeWork’s losses decline in Q2 as workers returned to the office

Net loss decreased 31 percent year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork. Continue reading

Vrbo traveler deposits fuel strong returns for Expedia in Q2 earnings

Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8 billion as of June 30, up from $1.7 billion at the end of 2021. Continue reading

Rocket stays profitable by a hair in Q2 after cutting $300M in expenses

In addition to shedding workers, the parent company of the nation’s biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal, according to an earnings report Thursday. Continue reading