Disruption in real estate

Real Estate Disruptor Opendoor Slashes Its Staff by 35 Percent

By Shelby Skrhak / April 15, 2020 / 0 Comments

The quarantine economy is hitting iBuyers hard as Inman reported today that real estate disruptor Opendoor has laid off 35 percent of its staff, approximately 600 employees, citing COVID-19’s unforeseen impact on the U.S. economy and housing. “Given the shelter-in-place guidelines, we’ve seen declines in the number of people buying, selling, and moving during this […]

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Door.com Shuts Doors to 37 Agents, Pares Down Real Estate Operations

By Candy Evans / January 9, 2020 / 8 Comments

  Update 3:14 pm: found out Door.com has 34,000 square feet in the Dallas Parkway building which they are subleasing from another tenant. Going rate for these offices about $38 psf plus electricity. The Dallas-based real estate disruptor Door.com has laid off 37 employees in its Dallas headquarters. I first received word before the holidays […]

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Purplebricks Stock takes Nosedive, CEOs Depart: Trouble in Disruptor Land?

By Candy Evans / February 26, 2019 / 0 Comments

There could be rough waters ahead for the flat-fee, UK-based brokerage disruptor Purplebricks, which is now in four U.S. states: California, Arizona, Florida, and New York. I had heard they were planning to come to Dallas and Texas also — maybe not so after this news. Purplebricks is NOT an iBuyer. It is more akin […]

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