Real estate companies are about to tell us just how bad the downturn is

Many of the industry’s big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market. Continue reading

The big iBuyers are getting brutalized in the stock market

Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading

Zillow iBuyer program officially ends as last homes leave the market

A year after announcing it would abandon its iBuyer program, Zillow has offloaded the last of the homes it bought with Zillow Offers, marking the end of a major chapter in real estate history. Continue reading

Fello, a hybrid iBuyer, keeps sellers engaged and agents front and center: Tech Review

Fello layers a direct-to-seller cash offer model over agent-integrated services, which collectively rest on a sophisticated data modeling solution for home valuations. Continue reading

For the first time, Opendoor is selling homes at a loss: DelPrete

After outpacing the competition, market conditions have finally caught up with the iBuyer, forcing it to prove that its model still works — even in a downturn. Continue reading

These 3 things can bring certainty for your clients looking to sell

While we don’t have a crystal ball, here are three things we’ve seen that will increase your odds of providing certainty for your clients looking to sell. Continue reading

Opendoor’s buyer agent commission advantage: DelPrete

Opendoor is deftly turning its super-skimpy buyer commissions into a competitive advantage to optimize its business model. Mike DelPrete looks at the data and explains what it means for the industry. Continue reading

Real estate stocks are getting absolutely destroyed right now

Multiple real estate companies are seeing share prices fall to all-time lows. If they can’t ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry. Continue reading

Here’s how Redfin’s Glenn Kelman became a reality TV star

Kelman and other real estate “tycoons” star in a “Shark Tank”-inspired competition called “Buy My House.” The show debuts Friday on Netflix. Continue reading

Opendoor promotes Amazon exec to serve as technology chief

Raji Subramanian previously led teams at Amazon and Yahoo and went to Opendoor after a 2021 acquisition. She brings a wealth of knowledge, experience and leadership, the company says. Continue reading