Offerpad lost $24K on every home sold in Q4 as losses hit record high

Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1 million fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday. Continue reading

CoreLogic snaps up mortgage technology provider Roostify

The deal is touted as a way to give mortgage lenders critical information about borrowers and properties at the beginning of the loan process. Continue reading

Inside Zillow’s far-reaching bid to jolt its mortgage business

Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong? Continue reading

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading

The truth about ChatGPT: What you need to know before you use it

ChatGPT has taken the world by storm, but it’s not perfect (yet). Before you use it, understand how it works, the wide variety of serious pitfalls and the potential risk to your business if you fail to fact-check the responses it provides.  Continue reading

CoStar will not acquire portal Realtor.com after all

Buying Realtor.com was viewed as a potential way for CoStar to take on Zillow. But CoStar CEO Andy Florance said Tuesday that his company would instead focus on its Homes.com business. Continue reading

Despite slow market, CoStar sees revenue and profit rise in Q4

The company’s revenue jumped 13 percent year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar’s push into residential real estate. Continue reading

23 TikTokers you should be following in 2023

Whether you’re looking for inspiration to get out there and conquer your day or looking to improve your real estate content on TikTok, here are some of the best real estate-related follows on the platform. Continue reading

Gary Keller: It’s a do-or-die housing market for real estate agents

In his State of the Housing Market address on Sunday, Keller Williams’ co-founder Gary Keller explained how chaos will force agents to become better competitors — or be left behind. Continue reading