Zillow’s recent pivot from a traditional agent ad model to it’s all-in instant offer business model reminds me of Netflix’s gutsy decision in 2007 to move into streaming and away from its profitable DVD-by-mail model. Continue reading
Zillow won my trust with its great website, but returning CEO Rich Barton’s leadership has me questioning where agents stand in the rapidly evolving real estate ecosystem. Continue reading
Ryan Gorman spoke with Inman by phone to discuss some of the challenges this company is facing head-on this year and his now-infamous letter raising concerns about competitor Compass. Continue reading
RE/MAX revealed Wednesday that co-founder and former CEO Dave Liniger has just purchased 122,911 shares in the company. Continue reading
EXp Realty announced on Wednesday that it’s expanding brokerage operations to the United Kingdom and Australia, the virtual cloud brokerage’s third and fourth countries after the U.S. and Canada. Continue reading
June in America is LGBTQ Pride Month, with parades and celebrations across the country commemorating the anniversary of the Stonewall Riots – a series of gay rights demonstrations in 1969 that were met with police force and gave birth to the LGBTQ move… Continue reading
Just in time for Pride Month, the annual June celebration of LGBTQ rights in the U.S., three major real estate brokerages – Compass, eXp Realty and Redfin— all confirmed to Inman this week for the first time that they support the Equality Act, a propos… Continue reading
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, after a two-month partnership, Redfin and RE/MAX have ended their deal. Continue reading
Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability. Continue reading
Realogy, Keller Williams, HomeServices of America and RE/MAX filed a motion on May 17 to dismiss the class action lawsuit filed by homeseller Christopher Moehrl seeking to upend the traditional commission structure in the real estate industry. Continue reading