Zillow has been buying homes for a year now. How’s it going?

It’s been a year since Zillow’s ambitious undertaking to buy and sell homes to consumers with quick-close, all-cash offers under the “iBuying” model. Continue reading

iBuyers riding a wave of change as they disrupt real estate

The iBuyers are going to improve their algorithms. They’re going to push their prices closer to market rates. And they’re going to get better and better as they eat up more of the real estate industry. Continue reading

Attention, agents: Opendoor launches new referrals program

Opendoor introduced on Tuesday a new program to refer clients outside of the company’s buy parameters to partner real estate agents.  Continue reading

Why iBuying is the new Zestimate

Between Zillow’s powerful grasp over the start of the consumer homebuying journey and the relative ease of instant online offers, it’s no question that the listing powerhouse can dominate this new frontier of buying and selling. Continue reading

Perch pulls in $220M in latest funding round

New York City-based iBuyer Perch announced on Tuesday the completion of a $220 million Series B funding round with $20 million in equity funding and $200 million in debt financing. Continue reading

PREVIEW: New massive iBuyer report from Mike DelPrete

Mike DelPrete, a real estate tech advisor and strategist, has a new comprehensive iBuyer report out to help educate the real estate industry about the growing presence of the quick-close, all-cash investor-backed buyer that’s begun to percolate in mark… Continue reading

Zillow will lend consumers money to buy homes

In a statement, Zillow framed the new program as a way to beef up its online homebuying and re-selling program Zillow Offers (in which the company makes all-cash offers on homes to homeowners and prospective sellers) Continue reading

Here’s why this broker started his own iBuyer

Lamacchia Development, a sister company to the Massachusetts-based Lamacchia Realty, closed on its first home through the company’s iBuyer program, Offer Now. Continue reading

60%: the number of sales iBuyers will take in 2024

Americans might start moving more if they can buy and sell houses the way they can buy and sell cars: quickly and over the internet, with easy financing available. This is the future of real estate — a future where iBuyers will take 60 percent of sales… Continue reading