Do iBuyers make fair market offers?

To fulfill their strategies and build a viable business that makes money, iBuyers will need to operate walled gardens under their control. Continue reading

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading

Zillow: Our iBuyer offers are nearly the same as traditional offers

A year and a half after Zillow began buying houses with cash, the online real estate giant says that its instant iBuyer offers are nearly the same as what sellers can get on the open market. Continue reading

HomeLight nabs $109M in new funding round

Real estate referral and transaction management startup HomeLight announced Tuesday it’s raised $109 million in new financing. The company plans to use the money to build out its closing services and home loans business. Continue reading

Redfin launches in new markets in Tennessee, Georgia, Kentucky

Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com, as well as use the brokerage’s agents. Continue reading

Opendoor launches in Salt Lake City

Opendoor, the well-funded and market-leading iBuying startup, announced Tuesday that it has launched operations in the Salt Lake City, Utah, area. Continue reading

Genuine communication is the anecdote to iBuying

The Agency founder Mauricio Umansky believes that art of genuine communication is dying, and it’s up to real estate agents to keep it alive or lose ground to disruptive real estate tech companies pushing things like iBuying. Continue reading