What happened with power buying in 2022? Let’s look at the numbers

The market went south, but consumers’ appetite for power buying didn’t, according to a new report from real estate marketplace zavvie. Continue reading

2023 may sink some agents — and that may not be a bad thing

Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel. Continue reading

Redfin builds on app feature with ‘Favorites Lists’ for buyers, renters

Redfin’s new website and app feature will allow homebuyers and renters to save their favorite properties in customized lists and share them with their home search partner to stay organized. Continue reading

Looking to renovate construction space, Freemodel secures $19.5M

QED led a $19.5 million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman. Continue reading

Alpaca partner Ryan Freedman is on hunt for real estate disruptors

“Reducing friction was yesterday’s play,” Alpaca VC general partner Ryan Freedman told Inman in a wide-ranging interview. He stressed the need for a full suite of industry services. Continue reading

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

Power buyer Knock says it will now work with any lender or agent

Homebuyers can use the Knock Home Swap Equity Advance in conjunction with a purchase loan from any lender to make a non-contingent offer when buying their next home. Continue reading

Mike DelPrete Intel exclusive: Big brokerages spar in race to cut costs

All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel. Continue reading

What happens when the battle for agent count runs out of steam?

Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending Continue reading