Offerpad’s stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which would make it more difficult to buy and sell shares while scaring off investors. Continue reading
During Inman Connect on Tuesday, Gary Keller discussed an array of topics with Inman founder Brad Inman. Keller said companies have to focus on “dollars in, expenses out” as they reach for profitability. Continue reading
DropOffer’s app provides data on existing homes for agents and buyers to leverage when approaching off-market sellers and it gives buyers an alternative to what’s on the open market. Continue reading
Real estate tech expert Mike DelPrete will share what companies are doing to emerge victorious amid uncertainty at Inman Connect Las Vegas next month. Continue reading
Committee takes up the growing reach of institutional investors at a hearing this week. The biggest companies now own more than 280,000 single-family homes to rent. Continue reading
Clever uncovered that 65 percent of homeowners asked, would consider selling their home to an iBuyer. Continue reading
Researchers at the mortgage giant point to four things that drove the meteoric rise in home prices over the past few years. Investors weren’t one of them. Continue reading
As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading
The company’s expansions come on the heels of its second straight profitable quarter. Continue reading
The iBuyer earned about $41 million in profit during the first three months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday. Continue reading