Tag Archives: knock

Ribbon makes massive cuts, leaving fewer than 30 workers

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In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the firm had laid off workers and would now “be a company of less than 30 people.” Continue reading →

Orchard lays off 180 workers amid historic housing ‘disruption’

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The cuts are the second time the power buyer has reduced its workforce as the market has rapidly deteriorated this year. Continue reading →

Mortgage is the new money pit for portals: Mike DelPrete

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Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading →

Ribbon back in expansion mode with push into Illinois and Michigan

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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 →

WATCH: How being picky about your financing options can pay off

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At Inman Connect Las Vegas, John Paasonen of Maxwell and Robert Foos of Knock said agents and buyers have an opportunity to be selective in the current market when it comes to financing. Continue reading →

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

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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 →

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

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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 →

CoStar, Adena Hefets take top Inman Innovator awards at ICLV

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Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at ICLV on Friday. Continue reading →

Agents, brokers advised to seize the moment as mortgage rates retreat

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Seek lenders who have the tech, people skills and product set to get would-be homebuyers off the fence and to the closing table, Knock and Maxwell executives told attendees at Connect Las Vegas. Continue reading →

Power Buyers ready to power through market shift

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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 →