Offerpad launches in Columbia area as it expands through Carolinas

The move is part of the iBuyer’s continued expansion efforts as it prepares to go public later this quarter, a spokesperson said. Continue reading

HomeLight brings its cash-offer and trade-in offerings to Colorado

Starting this week, buyers and sellers across Colorado can use HomeLight’s two newest services. Dedicated staff will be in Denver. Continue reading

Keller Williams Pres. Marc King on a hot market, iBuying and that IPO

Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he’s confident that real estate agents will survive today’s period of disruption. Continue reading

Inman Review: Ribbon puts a bow on a unique package of fintech and proptech

Ribbon helps buyers buy before they sell, rescues bad deals and gives first-time buyers a way to win deals in what might be the industry’s first hybrid fintech-proptech application. Continue reading

Keller Williams hires former eXp, Zillow exec to oversee iBuying

Raymond “RJ” Jones will spearhead both Keller Offers, the company’s iBuying program, and Keller Manage, a soon-to-launch program that’ll provide home maintenance services. Continue reading

IBuyers are paying above market — and reselling for more: Mike DelPrete

Home prices are rising across the U.S., and iBuyers, led by Opendoor, Zillow and Offerpad, are paying record-high, above market values for the homes they’re buying, but they’re also reselling them for more money than ever before. Continue reading

Zillow rakes in $1.3B revenue in second quarter, but sees profits slip

The company’s net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters. Continue reading