Compass approaching ‘critical’ cash burn: Mike DelPrete

Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete. Continue reading

Opendoor’s growth has ‘materially accelerated’: DelPrete

Last year was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger. Find out more on how the iBuyer is driving growth from data expert Mike DelPrete. Continue reading

How to help a homebuyer sweeten an offer — without going too far

Contingency clauses are there to protect buyers and shouldn’t be dropped lightly. Here’s how agents can help advise clients navigating the tricky situations that offer-sweeteners can create. Continue reading

Zillow flexes in the face of a cooling market: DelPrete

Zillow and Realtor.com’s Q1 results shine a light on two key factors: overall revenue growth is slowing in a cooling market, and Zillow’s next-gen lead gen business, Zillow Flex, is building momentum. Continue reading

Zillow’s Flex model offers ‘next gen lead gen’: Mike DelPrete

Zillow’s new strategy has the company going back to its roots, doubling down on agent lead gen, and extracting more revenue from real estate commissions. Continue reading

Mortgage is an emerging battleground in real estate: Mike DelPrete

Recent growth and contraction in the mortgage, iBuyer and Power Buyer space have resulted in a reshuffling of the largest businesses aiming to disrupt the industry. Mike DelPrete analyzes the players and the strategies they’re using to create change. Continue reading

Brokerage disruption, iBuyer momentum, power buyers: A look at tech in Q1

IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Mike DelPrete takes a look back at the moves that made news already this year. Continue reading

Opendoor cashes in on record home price appreciation

Home price appreciation is through the roof, and that’s good news for Opendoor, according to Mike DelPrete. Its current listings are averaging 17 percent increases over the purchase price. Continue reading

RE/MAX in 2022: Modernizing the franchise model, teams and more

Creating a robust teams structure, filtering out industry noise and innovating the franchise model are all challenges RE/MAX faces in 2022. Continue reading