Tag Archives: power buyer

Redfin in 2022: Does slow and steady ultimately win the race?

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Redfin is an iBuyer, a brokerage and a portal. But the company is also known for taking a more conservative approach to growth than some rivals. Continue reading →

Opendoor in 2022: As the king of the iBuyers grows, so does its risk

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Opendoor faces an array of challenges from other companies and sectors as it aims to hold its position as the biggest and most successful iBuyer in the world. Continue reading →

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

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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

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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 →

‘Power buyer’ UpEquity raises $50M in series B funding round

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Austin-based lender says its technology enables homebuyers to make all-cash offers and close a mortgage in 18 days on average. Continue reading →

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

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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 →