Author Archives: Teke Wiggin

WeWork buys biz that converts stores into co-working spaces

By Teke Wiggin | August 28, 2019 - 2:04 pm |August 28, 2019 Uncategorized

Comments Off on WeWork buys biz that converts stores into co-working spaces

WeWork has acquired Spacious, a rival that converts storefront retail properties, including restaurants, into temporary co-working spaces. Continue reading →

Curious about iBuyer trends? This new map offers radical transparency

By Teke Wiggin | August 20, 2019 - 12:17 am |August 20, 2019 Uncategorized

Comments Off on Curious about iBuyer trends? This new map offers radical transparency

Real estate tech analyst Mike DelPrete and data and software provider Remine launched an interactive visualization tool that closely tracks the growth and trends of three leading iBuyers: Opendoor, Zillow Offers and Offerpad. Continue reading →

With $141M more in funding, FlyHomes unveils price guarantee

By Teke Wiggin | August 15, 2019 - 10:52 pm |August 15, 2019 Uncategorized

Comments Off on With $141M more in funding, FlyHomes unveils price guarantee

Flyhomes, an iBuyer that will make cash offers on behalf of homebuyers, has nabbed an additional $21 million in equity financing plus $120 million in debt for purchasing and reselling homes. Continue reading →

Home leaseback startup Figure shoots for $1B valuation: Report

By Teke Wiggin | August 14, 2019 - 2:14 pm |August 14, 2019 Uncategorized

Comments Off on Home leaseback startup Figure shoots for $1B valuation: Report

Figure offers fast-close home equity lines of credit and an iBuyer alternative to reverse mortgages. Continue reading →

New iBuyer course aims to help agents navigate new terrain

By Teke Wiggin | August 9, 2019 - 3:50 pm |August 9, 2019 Uncategorized

Comments Off on New iBuyer course aims to help agents navigate new terrain

The two Realtors have created a certification program called iReal Estate Pro Certification. Continue reading →

IBuyers cost sellers up to 15% of a home’s value, study finds

By Teke Wiggin | August 8, 2019 - 10:14 pm |August 8, 2019 Uncategorized

Comments Off on IBuyers cost sellers up to 15% of a home’s value, study finds

Market analytics firm Collateral Analytics puts hard numbers on the much-debated costs of using iBuyers to sell a home. Continue reading →

Opendoor will now make cash offers on behalf of buyers

By Teke Wiggin | August 1, 2019 - 7:28 pm |August 1, 2019 Uncategorized

Comments Off on Opendoor will now make cash offers on behalf of buyers

As part of a new homebuyer service, the iBuyer is also offering buyers access to its homes before putting them on the market. Continue reading →

Realtor.com extends Facebook ad product to brokers

By Teke Wiggin | July 29, 2019 - 8:55 pm |July 29, 2019 Uncategorized

Comments Off on Realtor.com extends Facebook ad product to brokers

Realtor.com has expanded its Facebook ad product Local Expert to allow ads to be bought for city-wide listing searches, not just zip code-level searches. And those city-wide ads can now be purchased by brokers, not just teams and agents. Continue reading →

The 4 bullseyes in real estate for venture capitalists

By Teke Wiggin | July 26, 2019 - 7:59 pm |July 26, 2019 Uncategorized

Comments Off on The 4 bullseyes in real estate for venture capitalists

Sapphire Ventures’ Paul Levine named four real estate bullseyes for venture capitalists in a presentation entitled “What’s Next in Real Estate” at Inman Connect Las Vegas 2019. Continue reading →

Compass CEO on Realogy lawsuit: Some brokers spread ‘fear’

By Teke Wiggin | July 26, 2019 - 5:57 pm |July 26, 2019 Uncategorized

Comments Off on Compass CEO on Realogy lawsuit: Some brokers spread ‘fear’

There was fear and loathing in Las Vegas this week as leaders of the country’s top real estate brokerages accused each other of stoking fear and rumormongering as they jostle for supremacy. Continue reading →