Commercial Real Estate

Matterport Q4 revenue grows to $41.1M in test of value in a downturn

Matterport earned $136.1 million in 2022, which wasn’t enough to offset $26.5 million in losses for the final three months of 2022 and $116.6 million for the year, according to

Total market value for US homes drops $2.3T from June: Redfin

In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 — the largest six-month

Leading Seattle team departs Sotheby’s for Engel & Völkers

The three-person Nielsen Group brings a collective 25 years of industry experience and an average annual sales volume of over $50 million to Engel & Völkers.  

Offerpad lost $24K on every home sold in Q4 as losses hit record high

Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1 million fourth-quarter loss, according to an earnings call for the

Sotheby’s brings on LAH Real Estate for newest Alabama affiliate

LAH Real Estate Inc. was originally founded in 1992. The new affiliate brings its four offices to Sotheby’s, ticking the brand’s total office count in Alabama up to seven.  

The truth about ChatGPT: What you need to know before you use it

ChatGPT has taken the world by storm, but it’s not perfect (yet). Before you use it, understand how it works, the wide variety of serious pitfalls and the potential risk

The Agency says ‘hola’ to Mallorca

The franchise marks The Agency’s 50th overall and follows the brokerage’s previous European launches in Amsterdam, the Netherlands and Lisbon, Portugal.  

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel.  

Inside Zillow’s far-reaching bid to jolt its mortgage business

Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong?  

Tell us about the worst interaction you’ve had with a leader: Pulse

As we wrap up Leadership Month, we want to know about the worst leader you’ve ever had. How did you handle their toxic traits?