Opendoor’s record-low selling costs dropped from 3 percent to 2.1 percent, which is likely the result of Opendoor continuing to push down buyer’s agent commissions offered on its houses.
Source: Inman News
IBuyers continue to see massive financial losses: DelPrete
Published in Analysis, Columns, compass, Data, ibuyers, mike delprete, Mortgage & Alternative Financing Month, opendoor, Select, teams and Zillow
More from AnalysisMore posts in Analysis »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why Trump’s moves to control Fed could send mortgage rates higher
- US home prices see modest annual gains, but lag behind inflation
More from ColumnsMore posts in Columns »
- How the escrow process offers a chance to show your value: Step 7
- Enduring elegance: Leadership lessons from Giorgio Armani
- Lesson Learned: This isn’t influencing. It’s business
- How to decide whether to stay or go after a big brokerage merger
- LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it
More from compassMore posts in compass »
More from DataMore posts in Data »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why is Midwest real estate beating the rest of the country?
- US home prices see modest annual gains, but lag behind inflation
More from ibuyersMore posts in ibuyers »
More from mike delpreteMore posts in mike delprete »
- Are commissions still falling? What Intel’s watching in weeks ahead
- Zillow begins sending warnings to brokers ahead of private listing ban
- Checkmate or alienate? Reactions mixed as firms align with Zillow
- 87% of mortgage lead gen comes from referrals and past clients
- Leads, conversions and value amid the portal wars: DelPrete
More from Mortgage & Alternative Financing MonthMore posts in Mortgage & Alternative Financing Month »
- Shrinking economy bolsters the case for a June Fed rate cut
- UWM expands its Rocket rivalry into mortgage loan servicing
- Mortgage rates ease as economic data flashes recession warning
- Regulators expected to remove lid on Wells Fargo’s growth soon
- $18.5M in fines imposed on former Wells Fargo execs prove elusive
More from opendoorMore posts in opendoor »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from teamsMore posts in teams »
- The modern tech stack agents and brokerages need now: Streaming
- Here’s the essential reading on the Compass-Anywhere deal
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
- How the escrow process offers a chance to show your value: Step 7
- Enduring elegance: Leadership lessons from Giorgio Armani
More from ZillowMore posts in Zillow »
- Where the industry stands on the Compass-Anywhere deal: Top 5
- How the Compass-Anywhere deal could spur an ‘arms race’
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
- Compass agents see play for Anywhere as a power move
Be First to Comment