How psychology is holding back real estate tech

When Mike DelPrete thinks about the modernization of the industry and tech adoption, his position is: What’s holding us back is psychology, not technology.

A deeper look at Zillow Offers numbers

Zillow announced that it bought 19 homes during the second quarter for a total of 62. That’s an additional 43 homes purchased in five weeks — a good ramp up. Dig deeper into the numbers here.

Global Insights: Analyzing Purplebricks’ FY18 results

Earlier this month, Purplebricks announced its full-year financial results for 2018 with revenues doubling to £93.7 million.

Purplebricks’ Canadian acquisition is an incredible deal, here’s why

Last week, Purplebricks announced that it had acquired DuProprio/ComFree, the leading fixed-fee and for-sale-by-owner business in Canada, for £29.3 million. This is a great deal for Purplebricks and further strengthens its position as the online agency leader with global ambitions.

The Phoenix iBuyer Report: featuring Zillow as iBuyer

How much traction will Zillow get in the market, and will it be able to hit its stated assumptions? These are the questions that will be answered in Mike DelPrete’s new Phoenix iBuyer Report: the definitive source of data for iBuyers (Opendoor, OfferPad and Zillow) in their biggest market, Phoenix. 

Global Insights: Crossing the Rubicon (portals vs. agents)

I admit it: I’ve wanted to use the phrase “Crossing the Rubicon” in an update for a while now. Conveniently, real-world events have now aligned to give me that chance. In this instance, the point of no return is real estate portals directly competing with real estate agents. Moves are being made.

As homebuyer, Zillow delivers the ultimate lead

Last week, Zillow announced it was going to start directly buying and selling houses. More specifically, it will actively participate in its Instant Offers Marketplace, which allows consumers to get instant offers on their homes (the iBuyer model).

What can Zillow do to offset slowing revenue growth?

My analysis on realtor.com earlier this week surfaced a particularly interesting chart on Zillow’s revenue growth. The slowing growth piqued my interest, so I dug deeper into the data and strategic implications …

Is realtor.com in it to win it?

On March 7, this report on realtor.com owner News Corp piqued my interest. Chief Executive Robert Thomson, referring to realtor.com, said, “Obviously we’re in a competition, long term, to be no. 1 …” …

The ones to watch: Emerging real estate models across the globe

In this report, global real estate tech expert Mike DelPrete covers the trends that are changing the industry and the major players gaining traction around the world.  …