As proptech stocks get clobbered, investors look to the future

Proptech stocks have lost a quarter of their value over the last year. Investors at Inman Connect Las Vegas Chris Gough, Krishna Srinivasan and Paul Hurst, say there is still a lot to like. Continue reading

Mynd: Single family rentals, a part of the rethought American dream

Doug Brien, the company’s founder and chief executive officer, said at Inman Connect Las Vegas on Thursday, he believes that the American dream centered around homeownership is outdated. Continue reading

WeWork’s losses decline in Q2 as workers returned to the office

Net loss decreased 31 percent year over year as office occupancy returned to pre-pandemic levels, according to a Q2 earnings report released Thursday by WeWork. Continue reading

Vrbo traveler deposits fuel strong returns for Expedia in Q2 earnings

Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8 billion as of June 30, up from $1.7 billion at the end of 2021. Continue reading

Let’s talk about marketing your listings with DO Audio Tours: Tech Review

DO Audio Tours is an audio marketing solution that lets agents record narration over visual listing content. Continue reading

Premier Agent dips as Zillow hangs on to modest Q2 profit

Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor. Continue reading

Zillow and Opendoor team up to provide cash offers to consumers

The partnership pairs two of the most polarizing companies in the housing business, and comes less than a year after Zillow began ending its own iBuying efforts. Continue reading

DelPrete: Opendoor is ‘playing the long game,’ should survive downturn

Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect Las Vegas. Continue reading

BoomTown embeds BrokerMint for end-to-end business automation

BoomTown promoted the rollout of fully integrated office oversight capabilities at Inman Connect Las Vegas to an exhibit hall full of current and prospective users on Wednesday. Continue reading

Offerpad hangs on to profitability for 3rd-straight quarter amid shift

Offerpad recorded a gross profit of $93 million, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon. Continue reading