Author Archives: Mike DelPrete

Real estate portal strength provides outsized pricing power

By Mike DelPrete | December 2, 2024 - 5:18 pm |December 2, 2024 Uncategorized

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Mike DelPrete analyzes that near-monopoly the most prominent portals have in their markets and how that translates into pricing power. Continue reading →

The portal wars are ‘like chess without a checkmate’: DelPrete

By Mike DelPrete | November 25, 2024 - 3:39 pm |November 25, 2024 Uncategorized

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While portals spend billions to win their wars, Mike DelPrete questions whether it’s possible for anyone to win on the ultimate metric: revenue. Continue reading →

DelPrete: Even more evidence that commissions aren’t dropping

By Mike DelPrete | November 20, 2024 - 5:14 pm |November 20, 2024 Uncategorized

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In line with Intel’s own findings, analyst Mike DelPrete sees that consumers still value buyer agent services the same as before Aug. 17. Continue reading →

Mike DelPrete: Is Pacaso duping retail investors?

By Mike DelPrete | October 11, 2024 - 2:56 pm |October 11, 2024 Uncategorized

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Industry analyst Mike DelPrete writes that manipulating the display of data has the potential to mislead individual retail investors, eroding long-term trust. Continue reading →

Which companies saw ‘rich and famous’ cash flow in H1 2024?

By Mike DelPrete | August 27, 2024 - 3:09 pm |August 27, 2024 Uncategorized

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Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent. Continue reading →

Agent churn at 10% in past year as industry sees 144K moves

By Mike DelPrete | August 5, 2024 - 1:43 pm |August 5, 2024 Uncategorized

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By its definition, real estate is a high-churn business, according to Mike DelPrete, which offers the potential for massive shifts in brokerage revenue year-to-year. Continue reading →

Consistent cash flow still matters most: DelPrete

By Mike DelPrete | July 1, 2024 - 2:33 pm |July 1, 2024 Uncategorized

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Those business generating free cash flow are best-positioned for growth, shareholder returns and value-added new ventures, Mike DelPrete writes. Continue reading →

Zillow, Redfin, Better seek to grow their mortgage businesses

By Mike DelPrete | June 10, 2024 - 3:35 pm |June 10, 2024 Uncategorized

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Even in a down market, companies can uncover key insights to grow market share, Mike DelPrete writes, as long as they have the cash to invest. Continue reading →

More delistings show buyers may have reached their limit on price

By Mike DelPrete | May 30, 2024 - 9:00 am |May 30, 2024 Uncategorized

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Sky-high numbers of delistings and price corrections may mean that buyers have finally had their fill of homes that are priced too high, according to Mike DelPrete. Continue reading →

Suddenly, it appears that portal traffic is a non-zero-sum game

By Mike DelPrete | May 17, 2024 - 9:00 am |May 17, 2024 Uncategorized

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Based on estimates of Homes.com’s traffic increase, it’s additive to the market and not affecting other portals’ traffic, Mike DelPrete writes. However, that’s not to say it won’t affect their businesses. Continue reading →