As the pandemic and associated effect on the real estate market spreads, one of the best leading indicators of a decline in transaction volumes — new listings — has dropped an average of 63 percent in the earliest hit markets. Continue reading
As the coronavirus pandemic and the associated impact upon global economies spreads, the world’s leading real estate portals are all making big moves in response. Continue reading
International and historical data shows that as the pandemic spreads and more stringent lockdown measures are put in place, the volume of real estate transactions will drop significantly — up to 90 percent. Although the drop is temporary, only the most… Continue reading
The iBuyer business model is uniquely positioned to thrive in a world of social distancing, where people are putting a premium on the ability to conduct business while limiting direct human contact. Continue reading
Real estate portals benefit tremendously from network effects, which is the key factor that gives them unprecedented market power and an impregnable moat to repel competition. Let’s take a look at international portal leadership across three markets an… Continue reading
As the company navigates a large, complex industry and attempts to find its own place in the world, its growth strategy has evolved. Looking back several years, the company has clearly gone through three eras, each building up to Compass’ current promi… Continue reading
Purplebricks’ H1 2020 financial results highlight a business whose growth has clearly plateaued and reached maturity in the U.K. However, the company appears to have reached peak efficiency, putting a ceiling on its future growth prospects. Continue reading
Zillow’s drive to dominance in the greater New York City real estate market — via rental listings on StreetEasy and its hyperlocal Hamptons portal Out East — reveals the path to market power of real estate portals around the world. Continue reading
Being the place where consumers go to start their property search, even with alternate options, often yields more effective results. Take a closer look at the numbers from Mike DelPrete’s homeselling experience here. Continue reading
To fulfill their strategies and build a viable business that makes money, iBuyers will need to operate walled gardens under their control. Continue reading