Why is Opendoor selling homes at a loss? The Real Word

Byron Lazine and Nicole White began this week’s episode by discussing Opendoor selling at a loss, then Zillow lawsuits, the next Fed meeting and inflation’s impact on the midterm elections. Continue reading

For the first time, Opendoor is selling homes at a loss: DelPrete

After outpacing the competition, market conditions have finally caught up with the iBuyer, forcing it to prove that its model still works — even in a downturn. Continue reading

Real estate companies dip as stock market tallies worst day in 2 years

Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading

These are the 15 best real estate companies to work for in 2022

Last week, “Fortune” and Great Place to Work released a list of the 35 Best Workplaces in Real Estate in 2022. Zillow, Opendoor and Pacaso were all near the top of the list. Continue reading

Opendoor’s buyer agent commission advantage: DelPrete

Opendoor is deftly turning its super-skimpy buyer commissions into a competitive advantage to optimize its business model. Mike DelPrete looks at the data and explains what it means for the industry. Continue reading

Real estate stocks are getting absolutely destroyed right now

Multiple real estate companies are seeing share prices fall to all-time lows. If they can’t ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry. Continue reading

Opendoor promotes Amazon exec to serve as technology chief

Raji Subramanian previously led teams at Amazon and Yahoo and went to Opendoor after a 2021 acquisition. She brings a wealth of knowledge, experience and leadership, the company says. Continue reading

Takeaways from the hallways: Buzz-worthy thoughts and highlights from ICLV

Find out the ins and outs of what went on behind the scenes at ICLV, including what people were talking about and what was in the air, with Revaluate co-founder Chris Drayer as your guide. Continue reading

There may be ‘no escape’ from market-imploding recession: The Real Word

Are we in an economic recession or a market-imploding housing recession? This week, Byron Lazine and Nicole White discuss the impact of low builder confidence, the changing real estate industry and politics from left, right and center. Continue reading