Homeward sheds 20% of workforce amid ‘sudden and sizable’ downturn

Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading

Lower launches ‘Realtor agnostic’ cash-offer service, MortgagePass

Less than a month after partnering with Orchard to provide Power Buyer services, Lower pilots its own program in Columbus, Ohio, with plans to go nationwide. Continue reading

Homepoint is first wholesale lender with cash offer product

Powered by Accept.inc, Homepoint Cash Compete program is available at launch in six states: California, Colorado, Minnesota, Oregon, Texas and Washington. Continue reading

Guild Mortgage rolls out cash offer program in 11 states, more to join

Guild’s CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy. Continue reading

Power Buyers: What to know about real estate’s buzziest new buyer tools

The innovation wave has hit the buy-side, with so-called Power Buyers emerging as this year’s buzziest business model. Here’s everything you need to know to power up your clients’ purchasing prowess. Continue reading

Spencer Rascoff: The transaction facilitator category needs a rebrand

Offerpad backer Spencer Rascoff thinks iBuying will survive without Zillow, but emerging companies need a better name for their services. Continue reading

Agents schooled on alternative financing, lending and mortgages

Real estate agents attending Inman Connect Las Vegas got tips on partnering with lenders and alternative financing providers to land more clients and overcome obstacles. Continue reading

Offerpad launches in 106 central Ohio cities, including Columbus

The publicly traded iBuyer has launched its services in the Columbus metro area, bringing its number of markets to 22. Continue reading

Better enabling homebuyers to make cash offers in 12 states

Better says its cash offer program will bring both buyers and sellers to its real estate brokerage business. Continue reading