Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1 million fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday. Continue reading
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include two models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan. Continue reading
In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won’t survive much longer, calling them the “forced sellers” of today’s market. Continue reading
U.K.-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here’s what we can learn from its journey.
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The market went south, but consumers’ appetite for power buying didn’t, according to a new report from real estate marketplace zavvie. Continue reading
The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements. Continue reading
Proptech DropOffer, a company that developed an app to help agents assist buyers in off-market transactions, predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023. Continue reading
We asked the buzzy new AI tool ChatGPT to write a report for Inman on iBuyers, technology and tips for agents going into the new year. Turns out, the bot might have a bright future in real estate. Continue reading
Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022. Continue reading
Zoodealio is home offer marketplace that helps agents and their clients compare and respond to multiple types of offers a home. Continue reading