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
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
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
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
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
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
Starting Friday, homeowners in Minneapolis and St. Paul can request an all-cash offer through RedfinNow. This is the 12th market RedfinNow has added this year. Continue reading
IBuying giant Opendoor posts another solid quarter as the coronavirus-induced boom in housing demand pushed the company’s revenue to new highs. Continue reading
How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to U.S. RES Holdco, an affiliate of Houston title insurance company Stewart Information Services. Continue reading