A comparison of Zillow Offers and Opendoor highlights the critical importance of pricing in iBuying. There’s an understated elegance in the detail; it’s not just buying low and selling high. But what makes for a successful pricing operation? Continue reading
Zillow started 2021 ascendant but finished by bowing out of iBuying. The coming year will test the portal’s ability to pivot. Continue reading
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
The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading
Finally, COVID-19 wasn’t at the heart of the year’s prevailing real estate technology trends. Instead, 2021 was marked by notable acquisitions and the fallout from the biggest of them all. Continue reading
Phoenix homeowners unloaded a mind-blowing $1.47 billion worth of housing stock to an iBuyer in the third quarter, the first instance a single market has exceeded $1 billion in iBuyer sales. Continue reading
Zillow’s stock bounced back to the highest level in a month as the portal announced a stock buyback plan and its speedy progress on sunsetting Zillow Offers. Continue reading
Real estate giant also announces $750 million stock buyback following the company’s stock price tumble after Zillow Offers shutdown. Continue reading
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
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