Zillow cancels 400 Zillow Offers contracts due to closing restraints

Hundreds of sellers awaiting new builds will have to sell their homes another way after Zillow canceled contracts for closings set for late 2022 through its defunct iBuyer, Zillow Offers. 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

As Omicron COVID variant spreads, real estate agents grin and bear it

Disease experts are racing to address the Omicron variant, but in the real estate industry, few expect the new threat to be a game changer. Continue reading

Zavvie leans into power buyers with marketplace update

A year after adding buy-before-you-sell options to its Offer Optimizer, real estate startup zavvie is leaning even harder into the power buyer market with the addition of cash backing and rent-to-own options from Divvy Homes, Feeasy, Flyhomes for Agent… Continue reading

6 stories readers might have missed while eating Thanksgiving leftovers

Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren’t on speaking terms, here are the top stories you might have missed this weekend. 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

Plot of land trades hands for record-breaking $2.4M. Oh, and it’s virtual

The 6,000-square-foot tract of digital real estate will someday be home to a fashion outpost and event venue — in virtual reality, at least. Continue reading

Adwerx nabs $14.5M to expand customer relationship advertising

Customer Relationship Advertising, or CRA, refers to the technology’s capability of connecting directly to clients’ CRM tools to identify and target leads with online campaigns, per agent. Continue reading

Targeting Zillow again, CoStar’s Homesnap unveils new showing tool

The company announced its latest management tool, which it bills as a direct competitor to the widely used ShowingTime product. Continue reading

Co-investing startup Fractional raises $5.5M in seed funding

The San Francisco-based company’s platform helps pair would-be real estate investors with friends or strangers who want to co-own property. Continue reading