Opendoor’s partnership with eXp officially goes live

The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents. Continue reading

Opendoor posts significant decline in revenue but narrows losses in Q4

In an earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the “potential for a more normalized macro backdrop” in 2024. Continue reading

Talk and tech tools to help agents thrive in 2024

Tech and team leaders at different sessions at Inman Connect New York on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients, and other agents in the industry. Continue reading

Robert Reffkin relinquishes stock unit awards for $7M cash bonus

An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000. Continue reading

What the biggest names in real estate really thought of 2023

Fourteen of the real estate industry’s biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new … Continue reading

Will Perisphere and other AI-fueled startups pilfer clients from agents?

Perisphere uses an onboard computer vision solution and 0 percent commission model to help consumers self-direct transactions. And it’s using current consumer sentiment against agents to promote the tool. Continue reading

Opendoor founder Eric Wu leaving company to focus on startups

Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to focus on building new things. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

Opendoor to double the number of homes it buys each month: CEO

CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp. Continue reading