Tag Archives: mike delprete

Compass Houston’s founding agent jumps to Sotheby’s

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Bryan Beene is jumping ship to Martha Turner Sotheby’s, leaving the office he founded in 2019 behind as the now public company reaches a critical juncture, a report says. Continue reading →

Compass is ‘the world’s most unprofitable brokerage ever’: Mike DelPrete

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In a recent VICE interview, Mike DelPrete offered his thoughts on how Compass’ longstanding cash burn problem could pose an existential threat to the brokerage and its ability to compete. Continue reading →

Will Compass’ changes to agent pay slow its growth?

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The brokerage has grown rapidly thanks to generous handouts of cash and stocks to newly onboarded real estate agents. But amid leaner times, those perks are going away. Continue reading →

Zillow Home Loans continues its unprofitable run: Mike DelPrete

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The mortgage industry is getting hammered this year, with declining leads, loan volumes, and revenue. Expert Mike DelPrete says Zillow faces the same reality, as the latest reports on their mortgage offering show that it continues to be unprofitable Continue reading →

WATCH: Mike DelPrete on the end of the ‘sustained unprofitability’ era

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“Cash is king,” the real estate analyst argued during his opening address at Inman Connect Las Vegas. His point was that losing money has turned from an advantage to a liability. Continue reading →

Zillow and Opendoor’s partnership: ‘A match made in lead-gen heaven’

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The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow’s platform to feed Opendoor’s sales funnel. Find out how Mike DelPrete sees this shift playing out and impacting the iBuyer market. Continue reading →

They’re gunning for your commissions: 7 reasons not to despair

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Despite all of the platforms and tech companies coming for real estate agent commissions, transactions hinge on the expertise of Realtors. Trainer and author Bernice Ross offers strategies for making the most of the opportunities the market offers righ… Continue reading →

WATCH: Mike DelPrete on how agents are the real 1-stop shop

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On stage at Inman Connect Las Vegas, DelPrete argued that most consumers don’t need or want to navigate yet another dashboard or website. In many cases, they just want their agent. Continue reading →