Opendoor’s revenue declines as losses also grow in second quarter

The iBuyer’s revenue declined 24 percent year over year to $1.5 billion as losses hit $92 million, down from positive income of $23 million the previous year. Continue reading

Kossev: Lean into associations to help clients claim American dream

Leaders from the California Association of Realtors and the Nevada Association of Realtors urged agents to stay current on local association grants and other resources to help clients who feel homeownership is unattainable. Continue reading

Elliman shareholder says Howard Lorber deserves bonus claw back

Shareholder Bradley Tirpak said in a letter to investors published on Wednesday that Lorber’s leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers sexual assault scandal. Continue reading

Anywhere’s revenue remains flat during Q2 at $1.7B

The franchisor’s revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter. CEO Ryan Schneider expressed confidence in the company’s ability to navi… Continue reading

JLo, Affleck, making real estate deals as divorce rumors swirl

Rumors surrounding the couple’s split have grown in recent months. Affleck and Lopez, meanwhile, have been transacting their own separate home deals as they jointly try to offload their shared Beverly Hills home. Continue reading

The CEOs growing their businesses by using in-house systems

CEOs from RealtyONE, HomeSmart and LPT Realty have somehow managed to grow their businesses during this time of transition, largely by listening to their constituents and creating customized solutions, they told ICLV attendees. Continue reading

Brad Inman: Be decisive, practice self-care and be present

To get through the industry’s perfect storm, the Inman News founder told ICLV attendees to “think big [and] act big, because the goddamn problem is very big.” Continue reading

Kanye’s deconstructed Malibu pad goes under contract

The waterfront homes was first listed for $53 million in January and discounted to $39 million in April. The new owner will need to do extensive work since the interior has been stripped of all finishes. Continue reading

Communicate value with authenticity and active listening

Not every agent can or should communicate their value through “bold statements,” agents said during a panel at Inman Connect Las Vegas. That’s why remaining authentic to oneself is paramount. Continue reading

Glennda Baker: ‘Never been a more important time’ for relationships

As agents face attacks on their value from all sides, the most important thing they can do today is to focus on boosting client relationships, the Glennda Baker & Associates leader said to Inman Connect Las Vegas attendees. Continue reading