Will SoftBank’s iBuyer investment flounder as agents adapt?

Valuations, such as that ascribed to Opendoor by SoftBank, are based on the assumption that iBuying operations advance the technology and antiquated nature of the real estate sales process. What if the same flawed thinking that saw WeWork valued at mul… Continue reading

Real estate vlogger slams NAR for failing to defend against iBuyers

“Why don’t you help us,” Frank Garay pleas of the National Association of Realtors in a video posted to YouTube Tuesday. Continue reading

Houston Association of Realtors President: 41% of current sellers would consider using an iBuyer

Houston Association of Realtors President Bob Hale and industry experts discussed the iBuyer as a lead generation tool at RISMedia’s 2019 Real Estate CEO Exchange. Continue reading

Agent behind Playboy mansion sale doesn’t fear a recession

Gary Gold talked to Inman about how to “coach” high-end clients, how luxury real estate will always rely on agents and how real estate pros can better work with luxury clients. Continue reading

Offerpad wants to get buyers in a new house in 24 hours

Homebuying and selling startup Offerpad announced it’s testing two new pilot programs, set to debut later this year or early 2020. Offerpad Instant Own would allow buyers to move into Offerpad-owned homes in as little as 24 hours and Offerpad Buyer Boo… Continue reading

Compass agent launches his own iBuyer platform

Unlike a lot of brokerages in the industry, launching an iBuyer platform isn’t an immediate focus for Compass, the well-funded New York City-based brokerage. But that isn’t stopping one of the company’s San Diego-based real estate teams from launching … Continue reading

Coldwell Banker CEO talks leaving the company, says established brands survive recessions

Current Coldwell Banker CEO Charlie Young said Thursday that he plans to leave his company next year but also argued that the firm is well-positioned to thrive even if a recession hits in the near future. Continue reading

Coldwell Banker CEOs: iBuyers will be a ‘small component’ of the marketplace

CHICAGO — Both the outgoing and incoming CEOs of Coldwell Banker agreed Thursday that iBuying will be a “small component” of the real estate marketplace in the future, though they also said that disruptors offer valuable insights for … Continue reading

IBuying giant Opendoor acquires title and escrow company

Opendoor believes that by acquiring OS National it will be able to provide consumers the “most streamlined and easiest closing experience.” Continue reading