Tag Archives: profitability

Opendoor reaches first profitable quarter in Q1 with $28M net income

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After eight years, the California-based iBuyer reached profitability while logging a a new revenue high of $5.2 billion, according to an earnings report Thursday. Continue reading →

2022 will be pivotal for Offerpad as it competes for the iBuyer crown

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With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for iBuyer marketshare in 2022. Here are the biggest challenges Offerpad faces next year. Continue reading →

Falling home price appreciation threatens iBuyer profits: DelPrete

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IBuyers are closer than ever to profitability. But the overwhelming majority of profits are coming from record home price appreciation, which is temporary and appears to be falling.
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The catch-22 behind Compass’ path to profitability

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Leading industry analysts shared with Inman their evaluations of Compass’ earnings and how the path to profitability could impact agents. Continue reading →

What really affects brokerage profitability? An insider’s look with Wendy Forsythe

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Profitability is a top concern facing brokerages in the next two years, according to NAR’s 2019 Profile of Real Estate Firms. Understandably so: Today’s broker is beset by a host of external factors putting downward pressure on their revenue, with very… Continue reading →

Competition from Zillow, AI is the biggest fear among brokers: NAR

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Real estate brokerages anticipate big challenges to come from evolving technology and “nontraditional market participants,” according to a new NAR survey. Continue reading →