Tag Archives: ibuyer

The 25 fastest-growing real estate companies on the Inc. 5000 list

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Mortgage, proptech, investment and property management companies ranked high among Inc.’s annual list of the fastest growing U.S. companies, including names like Orchard and Ribbon. Continue reading →

Redfin’s iBuyer expands into Florida among the hottest US markets

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RedfinNow is operational in the Orlando and Tampa areas as of this week and will launch in the Palm Beach and Miami areas later this month, with Florida marking its 16th state in 34 markets. Continue reading →

WATCH: Mike DelPrete on the end of the ‘sustained unprofitability’ era

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“Cash is king,” the real estate analyst argued during his opening address at Inman Connect Las Vegas. His point was that losing money has turned from an advantage to a liability. Continue reading →

Kentwood Real Estate partners with zavvie for new iBuyer program

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Kentwood Advantage aims to provide more options to homesellers and homebuyers in Colorado, maximize their profits and find the best way to win offers, according to Kentwood. Continue reading →

WATCH: Mike DelPrete on how agents are the real 1-stop shop

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On stage at Inman Connect Las Vegas, DelPrete argued that most consumers don’t need or want to navigate yet another dashboard or website. In many cases, they just want their agent. Continue reading →

Premier Agent dips as Zillow hangs on to modest Q2 profit

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Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor. Continue reading →

Redfin’s profits decline in Q2 despite uptick in revenue

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Redfin reported $606.9 million in second-quarter revenue, a 29 percent increase compared to the second quarter of 2021, in an earnings report released Thursday afternoon following the close of markets. Continue reading →

DelPrete: Opendoor is ‘playing the long game,’ should survive downturn

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Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect Las Vegas. Continue reading →

Offerpad hangs on to profitability for 3rd-straight quarter amid shift

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Offerpad recorded a gross profit of $93 million, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon. Continue reading →