Tag Archives: mike delprete

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 →

In earnings twist, most real estate companies avoided the worst in Q2

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Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading →

Industry warned to prepare for $40B hit on commissions

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Buyer’s agents, and the ecosystem of companies that provide services to them, would bear the brunt of legal challenges to the traditional commission structure, Brian Boero said at Inman Connect. Continue reading →

DelPrete: Opendoor is ‘playing the long game,’ should survive downturn

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Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect Las Vegas. Continue reading →