Zillow is not going away, and iBuyer programs are still disrupting. Those are the facts — but there’s a massive opportunity to step up and step into your own role as a real estate professional. Here’s what you need to know. Continue reading
Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers. Continue reading
Opendoor Complete will let consumers track their transactions and coordinate both home sales and purchases from one location. Continue reading
Keith Rabois also said on Twitter Wednesday that he expects Zillow to suffer “even greater losses than they admit.” Continue reading
Opendoor co-founder Keith Rabois and “The Big Short” investor Steve Eisman predicted the end of Zillow Offers as soon as it began. What did they see that others didn’t? Continue reading
Bernice Ross has written about the inaccuracies of the Zestimate since it launched in 2006. Here, she outlines why Zillow’s decision to shut down its iBuying business is more than just a response to the extreme volatility of the Zestimate, but rather a… Continue reading
Zillow announced Tuesday that it is exiting its iBuyer business, Zillow Offers. After racking up over $1 billion in losses over 3.5 years, Zillow is closing the business down, a move that has significant implications for the real estate industry. Continue reading
Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading
Access to too much capital often blurs good real estate investor judgment. Over-leveraged investors can easily lose everything. Continue reading
Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton’s statements on the difficulties of forecasting home prices and the company’s Z… Continue reading