Real Estate Brokerage

By pjain      Published June 16, 2021, 1:08 a.m. in blog Invest   

, Insurance Industry - Home Building Industry - Lumber Industry - Home Materials, Furnishings - Home Appliances, Furniture, Furnishings Retailers - Land Investing, Land Banks

Invest4US

Real Estate Brokerage and Services

Brokerage Majors

Redfin

Zillow, Trulia

Zillow Z reported third quarter earnings of $0.07 per share, in-line with the Capital IQ consensus of $0.07, while revenues rose 67.0% year/year to $31.9 million versus the $31.85 mln consensus. The company issued downside guidance for the fourth quarter with revenues of $30-31 million versus the $32.90 million consensus.

OPEN

FirstService

Real estate companies FirstService Corp

ZG R5

  • Cornered RE ad market doing good till Q1’18
  • Doubled down on housing market to preempt eg opendoor,etc to direct buy for cash - wrong move at the wrong time
  • Fed by raising rates has put its heavy jackboot on the industry's neck .. could leave zillow holding high priced houses at time of high rates
  • Also direct flipping could alienate the very conservative and propreitary RE Brokers market

• $7 billion market cap, $6 billion EV • 70% market share • Currently sells leads. Potential to move to taking part of the commission • $1.2 billion in revenue. $350 million in EBITDA • Huge potential in flipping homes. Has all the data. Has all the traffic of people looking to buy homes. Some people willing to sell for a little less in order to get cash quick and not deal with selling their house • Will get into mortgage origination business. 50% to 75% attach rates • Will get fees on this flip. Don’t even need to make money on the actual flip. Will turn over inventory 6 times (30 to 90 day holds) a year which will make it a good margin business SRC: Chris Hansen's @Sohn'19 New York Presentation

Property Management

EsusuRent.com

  • Funding 4.3m - 2.3m Seed Acumen,etal, 1.6m initial seed Acumen
  • Founders Abbey Wemimo, Jeph Acheampong, Robert Henning, Samir Goel
  • raised a $10 million Series A funding round, led by The Motley Fool with Investment from VC Serena Williams celebrity adds

Esusu is the leading financial technology platform that leverages data solutions to empower tenants and improve property performance. Esusu’s rent reporting platform captures rental payment data and reports it into the credit bureaus, enabling tenants to build credit while helping property owners increase revenue, lower evictions, and fillvacancies. Esusu’s renter ecosystem covers over 500,000 units in 35 states across the United States. Learn more at www.esusurent.com and follow us on Facebook @myesusu and on Twitter @getesusu.

Esusu is a mobile platform that helps communities build financial resilience and credit through a digitized rotational savings system. Esusu is a mobile platform designed to empower our users to better save their income, access larger sums of capital, and build credit and financial identity through community-based savings. Across the world, millions of people use savings clubs to build financial resilience and plan for the future. These groups are formed of trusted family and friends who each contribute toward a single pot of money on a regular basis. Each group member then has the chance to withdraw the full pot and use it towards big-ticket items including education, launching a business, and remittances. Esusu is adapting this tried-and-tested solution to the digital world to scale its capacity to level the economic playing field. Esusu serves as the bridge between the formal and the informal financial economy for 57% of Americans who qualify as financially unhealthy.

Home Insurance -- xfr ---

ORI

Title insurance

FAF

First American Financial FAF - home mortgage guarantees.


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