Does Wall Street understand real estate?
This perennial question has returned. It was likely prompted by the billions of dollars being invested in FinTech and iBuying with low to no returns, heightened by the Zillow Offers collapse.
Offerpad sold 1,673 homes in the third quarter, increased revenue and adapted to the rise in home prices. But can its model of iBuying endure? HW+ Premium Content
What do the U.S. Marine Corps and real estate have in common? The unique qualities used to describe both Marines and real estate professionals — goal-oriented and trained leaders — make for an easy connection.
Opendoor again announced major revenue growth in the third quarter as the iBuyer hit the gas on cash purchases and subsequent resale of homes. But it also lost $57 million in Q3.
Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed.
What could Zillow’s iBuying decision say about the future of real estate technology? What should we anticipate from the PropTech industry in the months and years ahead?
Keller Williams agents closed on $150 billion in sales volume during the third quarter, but contract activity suggests a slowdown in Q4.
Rather than wind down during the holidays, ramp up the business planning to keep your real estate pipeline active.
Everything you need to know about proposed NAR MLS changes that will be discussed and voted on at the annual convention.
Luxury real estate brokerage Douglas Elliman is going to be spun off from its parent company Vector Group, the owner of discount cigarette brands and Nathan’s Famous hot dogs.
