The companies that can afford to, including Zillow, are aggressively growing MLO headcount in order to capture future market share, Mike DelPrete writes.
Category: mike delprete
More delistings show buyers may have reached their limit on price
Sky-high numbers of delistings and price corrections may mean that buyers have finally had their fill of homes that are priced too high, according to Mike DelPrete.
DelPrete: Profitability still matters when evaluating a business model
Mike DelPrete lays out the case for a variety of financial metrics and argues that, at the end of the day, a business eventually needs to make money.
Buckle up for the 2024 portal war
Expect the portal wars to go into overdrive in 2024, with CoStar Group leading an ambitious effort to unseat Zillow as the country’s top real estate portal, technology advisor Mike DelPrete writes.
Zillow Flex program’s success fee rises to 40%: DelPrete
Despite all the talk of alternative revenue streams, Zillow’s latest money-making strategy is raising the price of its agent-based lead-gen offering.
Even CoStar doesn’t think it will unseat Zillow, DelPrete argues
For all its bluster, CoStar Group likely doesn’t think it can overthrow Zillow to become real estate’s top portal, Mike DelPrete tells Intel. Here’s what the commercial real estate giant is really after.
FOMO Alert: 74 things to expect next week at Connect Las Vegas
With Inman Connect Las Vegas rapidly approaching, Inman founder Brad Inman offers his notes, compiled over two decades, on what attendees should expect at this year’s conference next week.
Freed from iBuying, Zillow wants more from its mortgage arm in 2023
To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023.