Spencer Rascoff: The transaction facilitator category needs a rebrand

Offerpad backer Spencer Rascoff thinks iBuying will survive without Zillow, but emerging companies need a better name for their services. Continue reading

Zillow Offers is dead. But Zillow (and iBuying) is here to stay

At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what “Zillow 3.0” could look like. Continue reading

FairPlay lands $4.5M seed round to help lenders combat racial bias

The New York-based startup helps lenders discover bias in algorithms and take a second look at rejected applicants using “cutting edge AI fairness techniques.” Continue reading

Los Angeles wants to ban iBuying

Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Continue reading

ShowingTime rolls out new safety, video tools

ShowingTime, a widely used home showing management platform that Zillow purchased earlier this year, announced Friday that it is rolling out several new features related to things such as agent safety and video tours. Continue reading

Is HomeSmart’s tech worth the switch? A look at its client-first app: Tech Review

HomeSmart Client is an app for buyers and sellers working with HomeSmart agents to search for homes, track sales and generally stay on top of their transaction. Continue reading

Multiple law firms investigating Zillow for potential securities fraud

The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow’s announcement that it will end its iBuying business. Continue reading

How equitably is housing wealth distributed in your city?

A new interactive tool from the Urban Institute compares housing wealth equity in cities across America, tracking disparities in homeownership rates, home values, and the distribution of housing wealth by race and ethnicity. Continue reading

Survey: Mortgage refi crush exposed dangers of digital-heavy approach

Digital self-service combined with live personal service is key to retaining younger mortgage customers, J.D. Power concluded, with faster approval times demonstrating that the application and approval process “still requires some level of human intera… Continue reading