Weekly Radar #369: Bombshell Of All Bombshells, Proptech Index Down 3.34%, Pulsing With OpenAI

Weekly Radar #369: Bombshell Of All Bombshells, Proptech Index Down 3.34%, Pulsing With OpenAI
Image generator: DALL-E Prompt: 300,000 agents under one massive roof of Compass Real Estate

In this Weekly Radar, we cover:

  • Compass’s $1.6B acquisition of Anywhere creates a 341,000-agent giant, driving consolidation, private listings, brand dilution, and portal challenges.
  • OpenAI’s rollout of ChatGPT Pulse sparks the idea of a specialized “real estate pulse” that could deliver AI-curated daily or weekly updates.
  • The GEM Proptech Index decreased 3.34% from the previous week.

Geek Estate’s Proptech Getaway, an intimate (founders and C-suite) retreat for the brightest minds in proptech, is back for the 3rd year running…taking place in beautiful Central Oregon at Juniper Preserve April 28-30th, 2026. An exclusive gathering for GEM Diamond members. Are you coming?

Latest from Geek Estate Blog:

Increasing EV-Ready Capacity in Multifamily Housing
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase comes from the 2025 REACH Class: BreatheEV] BreatheEV delivers turnkey electric vehicle (EV) charging solutions tailored for multifamily residential properties. Their platform enables property owners to install charging…
Proptech Job Opportunity: Client Growth & Adoption Director — Housing, Real Estate & Mortgage at Evocalize
We have a job opportunity to share from a GEM Diamond member, Evocalize…. Description Evocalize powers performance marketing for leading real estate and mortgage brands. Their Collaborative Marketing Platform enables AI-driven, multi-channel local campaigns across Google, Facebook, Instagram, TikTok, and YouTube—no expertise required. Why this…

As always, links surrounded by the ❇️ emoji indicate exclusive GEM Diamond content. If you would like to have access to all links or attend our curated gatherings, please consider GEM Diamond membership.


Transmission Recap:

Last week, Drew Meyers highlighted how Foyer is creating 401k-style real estate wealth building opportunities with goal-setting tools, financial education, and a rewards program. Before that, Drew Meyers explained the reality that humans' attention is a finite resource, which breaks the AI personalized outreach pitch


BIZ INTEL

PROPTECH INDEX WEEKLY
By: Community Relations

Consisting of 26 stocks, the GEM Proptech Index had a combined market cap of $273.685B, a decrease of 3.34% from the previous week.

This week, shares of Better Homes & Finance surged 55.53%. Retail traders appear to be rotating out of Opendoor, whose rally was originally sparked by hedge fund manager Eric Jackson, and into BETR after a tweet from Jackson’s Twitter account on Monday dubbing it the “Shopify of mortgages,” igniting a sharp rally.


GEM DIAMOND MEMBER NEWS


REAL ESTATE

BOMBSHELL OF ALL BOMBSHELLS
By: Drew Meyers

In an all stock transaction, Compass is acquiring Anywhere for $1.6 billion, according to a press release and Inman. 40,000 Compass agents will turn into 341,000 agents (Anywhere has 51,000 agents at owned-brokerages and 250,000 agents at franchises). Compass assumes $2.6 billion in Anywhere's debt (which is the MAJOR win for Anywhere).

My first thought was...Compass is blowing up organized real estate by buying enough market share to push its three phased marketing strategy on to ruin the MLS system as we know it.

There are multiple angles worth noting: