In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading
The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14 percent from Q2 and 26 percent from a year ago. Continue reading
In 2024, Opendoor has ramped up its marketing with various creative agencies, which included a Super Bowl regional ad and stunt by Mischief @ No Fixed Address that featured a live TV house sale in Atlanta. Other recent campaigns include break-up-themed… Continue reading
The company has hired Selim Freiha to serve as its chief financial officer and Shrisha Radhakrishna to serve as its chief technology and product officer. Continue reading
Compass on Thursday reiterated its call to ditch NAR’s pocket listing rule. But documents newly obtained by Inman also show that Anywhere shares some of Compass’ concerns. Continue reading
The iBuyer has appointed David Benson to its board of directors, effective immediately. Benson was Fannie Mae’s president for six years, retiring from the role in May 2024. Continue reading
The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who’s up and who’s down. Continue reading
The iBuyer’s revenue declined 24 percent year over year to $1.5 billion as losses hit $92 million, down from positive income of $23 million the previous year. Continue reading
A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs. Continue reading
Veteran KBW analyst Ryan Tomasello will be talking about the “watershed moment” that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas. Continue reading