Following the announcement of Redfin Direct, a new service that will enable buyers to make offers on Redfin-listed homes through the company’s website without agents, here’s CEO Glenn Kelman’s response to concerns. Continue reading
One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Continue reading
Texas-based brokerage JP & Associates Realtors announced Tuesday it has teamed up with a tech company to launch an agent-centric cash offer program. Continue reading
Keller Williams will launch an iBuying program next month in Texas, and plans to expand that program to as many as eight metro areas by the end of the year. Continue reading
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
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
Opendoor introduced on Tuesday a new program to refer clients outside of the company’s buy parameters to partner real estate agents. Continue reading
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
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
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