Power Buyer clients made 1 offer on average. Traditional buyers? 7

As homes continue to fly off the market for five to six figures above sellers’ asking price, real estate startup zavvie said homebuyers are increasingly turning toward Power Buyers to help them effectively win against well-funded institutional and indi… Continue reading

The savvy agent’s must-have tech tools for 2022

Sifting through the never ending sea of real estate tech offerings can be exhausting, not to mention overwhelming. Consider this your go-to guide for cutting through the noise and choosing the platforms and tools that will serve you best in 2022 and be… Continue reading

Opendoor vs. Zillow: Pricing is a ‘competitive advantage for iBuyers’

A comparison of Zillow Offers and Opendoor highlights the critical importance of pricing in iBuying. There’s an understated elegance in the detail; it’s not just buying low and selling high. But what makes for a successful pricing operation? Continue reading

The 6 tech trends that defined real estate in 2021

Finally, COVID-19 wasn’t at the heart of the year’s prevailing real estate technology trends. Instead, 2021 was marked by notable acquisitions and the fallout from the biggest of them all. Continue reading

IBuyers net record-high sales in Q3 amid skyrocketing purchase volume

Phoenix homeowners unloaded a mind-blowing $1.47 billion worth of housing stock to an iBuyer in the third quarter, the first instance a single market has exceeded $1 billion in iBuyer sales. Continue reading

2022 will be pivotal for Offerpad as it competes for the iBuyer crown

With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for iBuyer marketshare in 2022. Here are the biggest challenges Offerpad faces next year. Continue reading

Zillow cancels 400 Zillow Offers contracts due to closing restraints

Hundreds of sellers awaiting new builds will have to sell their homes another way after Zillow canceled contracts for closings set for late 2022 through its defunct iBuyer, Zillow Offers. Continue reading

Why Zillow’s iBuying flop is just a blip, not a bad omen

Many have pointed to the failure of Zillow Offers as proof that the Zestimate is inaccurate, but the company’s struggles actually reinforce the critical role that quality automated valuation technology plays in the iBuying process. Continue reading

WATCH: Redfin CEO Glenn Kelman on his iBuyer growth skepticism

In a wide-ranging speech on the real estate market at Inman Connect Las Vegas, Redfin CEO Glenn Kelman expressed skepticism about the potential growth of iBuying. Watch the entire presentation here. Continue reading