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

Redfin reports $268M in revenue in first quarter, 40% jump over same period last year

CEO Glenn Kelman said Wednesday that the company is “just about hitting on all cylinders” after hiring more agents and lenders in the second half of 2020. Continue reading

These 15 markets are poised to become the next iBuying hotspots

A change in FDIC regulations will make it easier for iBuyers to enter markets in the North and South, according to home-value data platform Ownerly. Continue reading

End-to-end times: How the all-in-1 platform became the holy grail

Companies both old and new are racing to build platforms that handle more of the real estate transaction. Agents will have to adapt to survive. Continue reading

Redfin blows away expectations, posts $233M in revenue

The company’s revenue jumped a whopping 88 percent year-over-year during the final 3 months of 2019. Here’s some key stats worth paying attention to. Continue reading

HomeLight to help buyers make all-cash offers, trade in homes

The new Cash Close product is meant to make consumers more nimble and competitive and is the latest turn in HomeLight’s evolution as a transaction streamlining company. Continue reading

This was the year — and decade — big money pumped into real estate

Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash. Continue reading

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading