News

Is anyone ever ‘right’? The perils of predicting housing markets in 2023

Real estate decision-makers gathered in Palm Springs to plot the future of the industry at Inman Disconnect. It’s a tall task, several leaders proclaimed, including Vanessa Bergmark of Red Oak.  

‘Go big or go home’: Opendoor’s high-stakes bid to disrupt real estate

With billions saved — and lost — Opendoor is living by the creed “go big or go home.” Yet even after a dreary Q4, the iBuyer persists, which may be

Investor activity slows, still makes up 1 in 4 homes sold in US

New data from John Burns and Redfin shows that investor activity slowed toward the end of 2022 but still accounted for about a quarter of home sales. That’s up from

Better lets Amazon workers put up stock as mortgage collateral

Through Better’s Equity Unlocker program, borrowers pay a higher interest rate and Better can seize pledged shares if homeowners default or try to sell their stock before paying off their

ChatGPT’s take on commissions, compliance and the MLS

RESO CEO Sam DeBord asks the latest in artificial intelligence, OpenAI’s ChatGPT, what it thinks about compensation in the MLS. Here’s what you should know.  

Helping new buyers get ‘invested’ in real estate

When working with buyers, take that conversation one step further, and share what you know about the different investment opportunities in real estate.  

How to brand yourself when you’re broke (Hint: Think Bergdorf’s)

In the first event of Fordham Real Estate Institute’s new series, Bess Freedman, CEO of Brown Harris Stevens, sat down with her mentor Barbara Corcoran for the kickoff of the

Black Knight’s Q4 profits slip as clients cope with challenges

The company’s $17.6 million in fourth-quarter net earnings represented a 71 percent decline from a year ago. Black Knight books $452.5 million in 2022 profits, up 118 percent from 2021

Compass revenue falls in Q4 — but losses narrow despite ‘difficult year’

In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11 billion in revenue, down from $1.6 billion during the same

EXp cites ‘volatile housing market’ for double-digit sales decline in Q4

EXp World Holdings’ revenue increased 13 percent to $933 million in Q4 2022 as closed transaction sides and volume fell by 13 percent and 16 percent, respectively, according to an