Author Archives: Mike DelPrete

What’s giving eXp the edge right now? Mike DelPrete

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As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies, says industry data expert Mike DelPrete. Continue reading →

The brokerage slowdown has begun: Mike DelPrete

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The market is softening and it’s reflected in quarterly declines. Fewer transactions mean less brokerage revenue. Continue reading →

Compass approaching ‘critical’ cash burn: Mike DelPrete

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Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete. Continue reading →

Opendoor’s growth has ‘materially accelerated’: DelPrete

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Last year was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger. Find out more on how the iBuyer is driving growth from data expert Mike DelPrete. Continue reading →

Zillow flexes in the face of a cooling market: DelPrete

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Zillow and Realtor.com’s Q1 results shine a light on two key factors: overall revenue growth is slowing in a cooling market, and Zillow’s next-gen lead gen business, Zillow Flex, is building momentum. Continue reading →

Zillow’s Flex model offers ‘next gen lead gen’: Mike DelPrete

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Zillow’s new strategy has the company going back to its roots, doubling down on agent lead gen, and extracting more revenue from real estate commissions. Continue reading →

Mortgage is an emerging battleground in real estate: Mike DelPrete

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Recent growth and contraction in the mortgage, iBuyer and Power Buyer space have resulted in a reshuffling of the largest businesses aiming to disrupt the industry. Mike DelPrete analyzes the players and the strategies they’re using to create change. Continue reading →

Brokerage disruption, iBuyer momentum, power buyers: A look at tech in Q1

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IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Mike DelPrete takes a look back at the moves that made news already this year. Continue reading →

Opendoor cashes in on record home price appreciation

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Home price appreciation is through the roof, and that’s good news for Opendoor, according to Mike DelPrete. Its current listings are averaging 17 percent increases over the purchase price. Continue reading →