CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel. Continue reading
For too long, Mike DelPrete argues, legacy brokerages shrugged off their low-fee competitors. Some of those barbs haven’t aged well. Continue reading
The dual hypotheses that low-fee brokerages aren’t sustainable, and that their agents are less productive, are false, Mike DelPrete writes. Continue reading
Web activity grew by 54 percent in March 2023, easily the greatest increase of all top-ranking websites worldwide, according to Veza Digital. Continue reading
With fewer transactions in play, agent recruitment and retention comes down, in many cases, to the way agents are compensated, writes Mike DelPrete. Continue reading
Portal competitors are shelling out big money in an effort to dethrone Zillow, but do they stand a realistic chance? Continue reading
In an interview with Intel, real estate tech strategist Mike DelPrete laid out how artificial intelligence might change the industry, including real estate search portals, and why we’re not there yet. Continue reading
The real estate industry is changing, driven in part by changes in brokerage affiliation, writes Mike DelPrete. Find out how agent migration patterns can offer significant insight into the future of real estate brokerage growth. Continue reading
Mike Delprete separates the signal from the noise to bring Intel readers the most promising integrations for AI and real estate search. Continue reading
Zillow’s path forward depends on its ability to capture more leads, further monetize those leads and attach ancillary services like mortgage. Continue reading