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Redfin losses soar amid iBuying ramp up

Housing Wire

You can’t please all the people all of the time, but Redfin is a unique real estate brokerage , an instant homebuyer, a popular listings website, a platform for renters, a mortgage company, a title company, a concierge service, and a research service on the U.S. housing market. What does that all add up to?

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How to Train Your Real Estate Agents to Sell in a Challenging 2023 Market

The Close

During the Great Recession of 2008, I was given the opportunity to lead a large brokerage firm. Within two short years, the Keller Williams brokerage I was leading went from near bankruptcy to number 10 out of more than 700 brokerages! My Brokerage Process and Procedures Plan template is a helpful tool in this process.

Agents 89
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Hit list: Inside CoStar’s all-out war against Zillow

Housing Wire

StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. CoStar’s actions included collaborating with law enforcement in the Philippines to raid an Xceligent office, and Xceligent eventually fell into bankruptcy.

Brokerage 332
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9 Alternatives to Zillow When Buying or Selling a Home

HomeLight

While Zillow is known as a real estate marketplace, Redfin is considered a discount brokerage, offering sellers a 1% listing fee (with some fine print, of course). This site also lists whether a property is in bankruptcy, preforeclosure , or foreclosure. This site does require a subscription and a monthly payment of $39.80 RealtyTrac.

Agents 89
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2020 in Review: A Year of Changes & Opportunities for the Real Estate Industry

App Folio

Every day we’re dealing with refinancing and they’re taking equity out of their homes, some to do improvements, which is great, and others to literally feed their families. The concern is that there’s going to be a large wave of bankruptcies once the stays on foreclosures or evictions expire.

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Top Five: Real Estate Stories Of 2023!

Toronto Realty Blog

In this post, I provided the following reasons: 1) Zoning and approval 2) Economic viablity 3) Financing 4) Bankruptcy 5) The ability to cancel and re-sell without reprisal While a couple of the points are repeated from the previous blog post, the explanations and reasoning are completely different. I absolutely hate it.

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Looking Back on 2021

GeekEstate

However, bankruptcy filings showing $1.29 The residential analogy is if Opendoor just went belly-up with bankruptcy filings, lay-offs, and an asset fire sale from one day to the next. Exit from Katerradise: This startup had been contech’s beacon of hope since its founding in 2015. Let’s beat the drum again: The time is now.