Everyone is coming after agent commissions, DelPrete tells ICLV

During a session Wednesday at Inman Connect Las Vegas, real estate tech expert Mike DelPrete said staking out a piece of the agent commission pool is baked into newer business models. Continue reading

FTC fines Opendoor $62M for allegedly ‘tricking’ consumers

Regulators with the Federal Trade Commission on Monday accused the iBuyer of “cheating” and “tricking” consumers. Opendoor disagrees with the allegations but has agreed to settle the case. Continue reading

Opendoor hires ‘seasoned executive’ as new chief legal officer

Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading

Opendoor hires ‘seasoned executive’ as new chief legal officer

Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading

Mike DelPrete: In cooling market, agents are in for a ‘dogfight’

Real estate tech expert Mike DelPrete will share what companies are doing to emerge victorious amid uncertainty at Inman Connect Las Vegas next month. Continue reading

Zillow vs. Opendoor: Who’s doing it better right now?

Opendoor made over 2 million offers to curious homeowners in 2021, exponentially more than ever before. According to Mike DelPrete, this highlights the growing potential of Opendoor’s top-of-the-funnel customer appeal — which is beginning to rival Zill… Continue reading

Opendoor’s buy-to-list premium drops dramatically: Mike DelPrete

After reaching record levels earlier this year, Opendoor’s buy-to-list premium has fallen dramatically — a reflection of a rapidly changing market. Here’s why Mike DelPrete says it’s a critical data point to watch. Continue reading

What’s giving eXp the edge right now? Mike DelPrete

As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies, says industry data expert Mike DelPrete. Continue reading

The brokerage slowdown has begun: Mike DelPrete

The market is softening and it’s reflected in quarterly declines. Fewer transactions mean less brokerage revenue. Continue reading

Red flag! 12 things agents should watch out for when being recruited

Here’s what some agents who have recently made strategic moves have to say about keeping one’s eye on the prize when it comes to negotiating contracts with a new brokerage. Continue reading