Tag Archives: ibuyer

Mortgage is an emerging battleground in real estate: Mike DelPrete

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Recent growth and contraction in the mortgage, iBuyer and Power Buyer space have resulted in a reshuffling of the largest businesses aiming to disrupt the industry. Mike DelPrete analyzes the players and the strategies they’re using to create change. Continue reading →

The iBuying lessons Jason Aleem is bringing to Redfin’s sales team

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After helping Redfin’s iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era. Continue reading →

Opendoor disciplined in North Carolina for disclosure lapses

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Regulators say the iBuyer misrepresented a home and didn’t get the proper permits for another. Its license was suspended for 18 months, but the North Carolina Real Estate Commission has stayed the suspension, allowing Opendoor to continue operating. Continue reading →

Opendoor brings iBuying services to New Jersey, New York state

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The move will see Opendoor make cash offers in 17 counties in the two Northeastern states. New York City is not included in the expansion. It also brings Opendoor’s market count to 46. Continue reading →

Brokerage disruption, iBuyer momentum, power buyers: A look at tech in Q1

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IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Mike DelPrete takes a look back at the moves that made news already this year. Continue reading →

Opendoor cashes in on record home price appreciation

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Home price appreciation is through the roof, and that’s good news for Opendoor, according to Mike DelPrete. Its current listings are averaging 17 percent increases over the purchase price. Continue reading →

‘For sale by owner’ homes hit 40-year low. Is it even worth the effort?

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Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal. Continue reading →

Zillow in 2022: How one of the biggest names in real estate recovers from its biggest stumble

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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 in 2022: Does slow and steady ultimately win the race?

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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 →