Monthly Archives: November 2021

Zillow offloads 2,000 homes to New York City investment firm: Report

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Pretium Partners has agreed to buy some of Zillow’s homes as the listings portal exits the iBuyer business, The Wall Street Journal reports. Continue reading →

Rising mortgage rates won’t be ‘major deterrent to homebuyers’

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Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why. Continue reading →

EXp Realty CEO Jason Gesing on why eXp is growing so rapidly

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EXp CEO Jason Gesing also told Inman that franchising may see waning popularity, while iBuying is likely to remain a niche offering. Continue reading →

What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today

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How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading →

Zillow raced to catch up with Opendoor in a secret initiative called ‘Project Ketchup’: Report

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Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports. Continue reading →

Home showings don’t equal procuring cause. Here’s why

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Contrary to what real estate discussion groups might have you believe, there is far more to procuring cause than showing a home, Jay Thompson argues. Writing an offer is not a guarantee you are the procuring cause. Nor is having a signed buyer-broker a… Continue reading →