Tag Archives: profitability

Opendoor trims losses in Q1, but revenue ticks down

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The iBuyer also revealed Tuesday that it bought 3,609 homes in the first three months of 2025. That number represents a 4 percent year-over-year increase. Continue reading →

Airbnb touts resilience as guests spend $24B on travel in Q1

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In its final quarter before it will unveil a major update this month, the short-term rental leader posted $154 million in profit from 143.1 million total bookings on the Airbnb platform. Continue reading →

Which is better: high volume or high profitability? How about both?

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While awards and honors are geared toward high volume, it’s high profitability that offers the rewards you’re really looking for, coach Verl Workman writes. Continue reading →

DelPrete: Unprofitability raises questions about Redfin’s viability

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According to Mike DelPrete, high debt, low cash and a lack of profitability in its business model call into question Redfin’s current trajectory and its plans for the future. Continue reading →

Glenn Kelman sees silver lining in sales spiral: ‘It can’t go much lower’

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Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time. Continue reading →

Compass must cut faster and deeper to break even in 2023: DelPrete

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Compass continued to burn cash in the latest quarter but also demonstrated a reduction in operating expenses as the company aims to break even in 2023, Mike DelPrete writes. With a historically high cash burn, Compass needs to cut faster and deeper tha… Continue reading →

How brokerages can set themselves up for profitability early

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Profitability requires more than an eye on the bottom line, according to The Agency’s Mauricio Umansky. You also need to focus on agents and maintain an overarching brokerage vision. Continue reading →

Everyone is coming after agent commissions, DelPrete tells ICLV

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During a session Wednesday at Inman Connect Las Vegas, real estate tech expert Mike DelPrete said staking out a piece of the agent commission pool is baked into newer business models. Continue reading →

3 tips for keeping your team profitable in today’s market

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This new market is likely going to require you to work more than before, says Livian CEO Adam Hergenrother. Make peace with that. Understand the market and then take action. By doing so, you’ll come out of the shift in an even stronger, more successful… Continue reading →

Where legacy brands stand when proptech falters

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As the market turns, investor interest in new industry disrupters may be waning. At Inman Connect Now, Clelia Peters and Nick Bailey explore where that leaves traditional brands. Continue reading →