Whether these new business enterprises get to profitability or not, the flow of capital into our business has been a positive development. “While some may not like the unease this trend has brought to our industry, it has sharpened competition and raised the value of most companies,” says Murray.
A partnership between the Albemarle Area Association of Realtors and the North Carolina Regional MLS will see the NCRMLS network expand to cover 47% of the state
The morning commute is now down the hall at home rather than to the office. Team members are now alone, isolated from their tribe. As a brokerage or team leader, how do you maintain the culture – the language, values, traditions, relationships, goals, beliefs, and behaviors in this environment?
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.
