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Opendoor cutting prices in bid to get surplus inventory off books

The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2 billion in revenue, but ended up back in the red with $54 million in losses.

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‘America’s fastest Realtor’ on how a mindset shift leads to success

Keira D'Amato, the American women's record holder in the marathon, spoke at Inman Connect Las Vegas about her journey as a professional runner and third-generation Realtor.

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RE/MAX grows in Q2 despite downgrading 2022 housing outlook

The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday.

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Premier Agent dips as Zillow hangs on to modest Q2 profit

Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor.

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New twists on home lending create opportunities for agents

As technology changes the way people think about homeownership, real estate agents will still be part of the picture say execs of EasyKnock, Flyhomes and Zillow at Inman Connect Las Vegas.

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Zillow and Opendoor team up to provide cash offers to consumers

The partnership pairs two of the most polarizing companies in the housing business, and comes less than a year after Zillow began ending its own iBuying efforts.

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Fathom Holdings doubles revenue in Q2 as mortgage business struggles

The brokerage's revenue grew 52 percent annually during the second quarter, reaching $128.2 million, up from $84.2 million, according to an earnings report released Thursday.

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Redfin’s profits decline in Q2 despite uptick in revenue

Redfin reported $606.9 million in second-quarter revenue, a 29 percent increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets.

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The bear on the hill: Ben Kinney talks about surviving a recession

At Inman Connect Las Vegas, the Ben Kinney Companies' founder explained how to become recession-proof with smart spending, careful recruiting and an empathetic mindset.

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DelPrete: Opendoor is ‘playing the long game,’ should survive downturn

Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect Las Vegas.

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Keller Williams Q2 revenue rises 1% to $146.8B amid inventory woes

Market headwinds clobbered Keller Williams transaction volume for the third consecutive quarter, according to earnings Thursday. However, sales volume and agent count remained steady.

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Laying off brokerage staff amid a downturn? Think twice

There are ways that brokerages can cut costs during a market slowdown without risking its agent morale, according to brokers at Inman Connect Las Vegas on Thursday.

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Virtual brokerage Radius launches mortgage arm in California

The company's move into mortgage lending comes on the heels of a $14 million Series A round led by Trulia co-founder Pete Flint's NFX Ventures.

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Keller Williams President: Real estate has become consumer centric

Alongside RE/MAX President and CEO Nick Bailey, Keller Williams President Marc King also hinted Thursday at Inman Connect Las Vegas that KW may not be in a rush to begin selling shares to the public.

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Want to keep agents for life? Shift the focus from money to people

Famed coach Jon Cheplak took to the Broker Connect stage at Inman Connect Las Vegas to help brokers master recruitment and retention through putting their agents first.

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Ready to launch your own brokerage? 5 reasons to start the countdown right now

If you are thinking of opening a new brokerage, there may be a million things on your mind. The Agency's Chief Strategic Officer, David Walker has five key points to focus on before taking on the challenge.

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How agents can build an effective brand on social media

Sean McPeak, Giselle Ugarte and Glennda Baker shared at Inman Connect Las Vegas, how there's no one-size-fits-all solution to leveraging your content into a genuine brand.

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EXp Realty names new chief operations officer

The brokerage named former Xome Chief Technology Officer Patrick O'Neill to the chief operating officer position, it was announced Thursday.

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Top real estate coach: ‘A recession is too good an opportunity to waste’

Dermot Buffini, CEO of real estate coaching firm Buffini & Company, spoke Wednesday at Inman Connect Las Vegas in a session called, "There is a recession coming, but we're not participating."

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Broker Spotlight: Pam Blair, YogaBug Real Estate

This week the spotlight shines on Portland, Oregon broker Pam Blair of YogaBug Real Estate who brings balance to her real estate practice.

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