Opendoor’s revenue declines as losses also grow in second quarter

The iBuyer’s revenue declined 24 percent year over year to $1.5 billion as losses hit $92 million, down from positive income of $23 million the previous year. Continue reading

Opendoor rolls out mobile truck with instant offers in Nashville

“The Offer Mobile” is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor’s instant offers to consumers’ front doors. 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

The Real Word: Why iBuyers are pressing pause

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss delayed mortgage payments and iBuyers’ decision to suspend instant offers. Continue reading