Power Buyer clients made 1 offer on average. Traditional buyers? 7

As homes continue to fly off the market for five to six figures above sellers’ asking price, real estate startup zavvie said homebuyers are increasingly turning toward Power Buyers to help them effectively win against well-funded institutional and indi… 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

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

Opendoor to make iBuyer offers on listings in real-time at realtor.com

Users of realtor.com will now be able to see a preliminary offer from Opendoor in real-time via the search portal’s My Home dashboard, it was announced Wednesday. Continue reading

Moderne Ventures clinches $200M in oversubscribed funding round

The company’s second fund achieved four times the amount of the its first institutional fund and boasts contributions from a number of big names. Continue reading

IBuyer offers are clocking in at an average of 104% of market value

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were willing to purchase. Continue reading

Home sale-leasebacks are surging, but are they good for homeowners?

Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading

CEO of realtor.com operator Move: ‘The game’s not over’

David Doctorow says realtor.com can contribute to “helping consumers think about making great homes and, when needed, sell homes” in partnership with the industry. Continue reading

A new language for real estate, a new marketplace

My attempt to coin some terminology, add structure and provide clarity to the plethora of new real estate businesses. Continue reading

5 apps that will help agents avoid becoming obsolete

Drew Uher, CEO of agent matching company HomeLight, suggest five must-have “apps” agents should offer consumers in their “app store.” Continue reading