Homeward cuts 25% of staff in second round of layoffs

The power buyer previously cut 20 percent of its staff in August. The cuts come as the broader real estate industry grapples with soaring mortgage rates and slowing sales. Continue reading

WATCH: Power Buyers at ICLV say cash offers will never go out of vogue

Knock and HomeLight CEOS are witnessing a sea change as the market shifts, but they said that doesn’t necessarily mean buyer and seller appetites for cash offers will change anytime soon. Continue reading

Is ‘shift’ the new ‘pivot’? 5 ways to generate listings in a rocky market

For agents looking to change their listing generation strategy in a shifting market, top agents Jonathan Spears and Lauren Rosin shared their tips at Inman Connect Las Vegas on Wednesday. Continue reading

Power buyer Homeward floats into Florida with Miami, Tampa launch

Texas-based power buyer Homeward launched in Florida on Tuesday. Buyers will be able to request cash offers and use the platform’s mortgage and title services. Continue reading

Ribbon wants to free buyers from the pitfalls of chain transactions

Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers. Continue reading

Zillow Offers’ demise ‘attributable to internal factors,’ report claims

Zavvie has found that both iBuyers and power buyers are seeing explosive growth — suggesting Zillow’s recent moves don’t reflect weakness in the iBuying concept. Continue reading

Ribbon jump-starts 2022 expansion push with 2 new markets

The homeownership startup has December and January launches planned for markets in Alabama and Virginia. The company plans to be in 25 states by the end of next year. Continue reading

Keller Offers exec: iBuying is a golden opportunity for agents

RJ Jones, head of Keller Offers, told Inman Connect Las Vegas that the increase in iBuyers and alternative transaction models are driving professionalism and give the industry a lot to look forward to. Continue reading

Knock’s GO mortgage offers appraisal coverage and cash-offer close certainty

Knock GO, which stands for Guaranteed Offer, is a “cash-like” conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency. Continue reading

RedfinNow becomes first major iBuyer to launch in Chicago

The expansion follows RedfinNow’s recent moves into other northeastern markets, including Baltimore, Washington, D.C., and Boston. Continue reading