Tag Archives: mike delprete

Uncovering deception in real estate tech fundraising

By | | Uncategorized
Comments Off on Uncovering deception in real estate tech fundraising

The best practice — and the most transparent — is talking about equity as equity, debt as debt, and not inflating the headline number by combining the two. Continue reading →

‘They’re screwed’: iBuyers would suffer under Bernie Sanders’ housing plan 

By | | Uncategorized
Comments Off on ‘They’re screwed’: iBuyers would suffer under Bernie Sanders’ housing plan 

The senator’s proposed anti-home flipping and vacant home taxes could strain the likes of Opendoor, Offerpad and Zillow Offers. NAR, meanwhile, disapproves of its rental regulations. Continue reading →

Two of a kind: Will Compass suffer the same fate as WeWork?

By | | Uncategorized
Comments Off on Two of a kind: Will Compass suffer the same fate as WeWork?

Following the delay of WeWork’s initial public offering, will the SoftBank-funded Compass struggle when it finally decides to go public or beat the odds? Continue reading →

How serious are Zillow and Redfin about iBuying?

By | | Uncategorized
Comments Off on How serious are Zillow and Redfin about iBuying?

Zillow’s entry was in part a response to an existential threat to its business model, and much of the value it might derive is not from buying and selling houses at all, but rather by generating valuable seller leads. Which begs the question: How serio… Continue reading →

KW advises charging 0% to clients who sell to Offerpad

By | | Uncategorized
Comments Off on KW advises charging 0% to clients who sell to Offerpad

Keller Williams Realty is advising its agents to charge nothing to clients who sell to the iBuyer Offerpad and instead to only accept payment from Offerpad in the form of a 1 percent commission. Continue reading →

WATCH: Mike DelPrete on Zillow’s competitive advantage

By | | Uncategorized
Comments Off on WATCH: Mike DelPrete on Zillow’s competitive advantage

At Inman Connect Las Vegas the entrepreneur and analyst explained the seismic shifts shaking up the residential real estate market. Continue reading →

What is Compass’ endgame?

By | | Uncategorized
Comments Off on What is Compass’ endgame?

In real estate, optimizing the commission split and generating revenue by selling mortgages is what brokerages have been doing for years. But investors didn’t pump over $1 billion of venture capital in Compass to build a basic brokerage. So, what is Co… Continue reading →

Traditional brokerage or tech company: How is Compass being valued?

By | | Uncategorized
Comments Off on Traditional brokerage or tech company: How is Compass being valued?

Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability. Continue reading →