Compass went public 2 years ago. Can it recover from its stock slump?

Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares fall significantly. Continue reading

Layoffs hit rent-to-own company Home Partners of America

Layoffs come a week after the shutdown of RealSure, Home Partners’ iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management. Continue reading

Opendoor explores the possibilities of a move in new ad campaign

The campaign dubbed “This is a Door” pays tribute to the unexpected possibilities that go along with turning a new chapter in life, such as weddings, having babies and adopting new pets. Continue reading

How Offerpad execs plan to pivot from seller’s to buyer’s market

Executives at the iBuying pioneer see tremendous opportunity if they can negotiate today’s challenging “in-between” phase where buyers and sellers are on the fence. Continue reading

Lower signs Opendoor as first mortgage platform customer

Lower’s “mortgage as a service” platform lets brands offer digital-first mortgages through application programming interface and no-code solutions. Continue reading

After a near 90% fall, analytics firm sees Opendoor shares rising to $6

A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching. Continue reading

Compass faces first downturn amid pressure to cut costs

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading

Anywhere lays off more workers, announces end of RealSure iBuyer

The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading

Windermere debuts zavvie-powered comparison tool for sellers

Windermere Offers will allow people working with the brokerage’s agents to compare various options for selling their homes. Continue reading

Opendoor faces ‘existential’ crisis as iBuying fights for survival

The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market. Continue reading