Tag Archives: ibuyers

Offerpad posts first profitable quarter ahead of public offering

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The Arizona-based iBuyer took in $376.8 million in revenue during Q2 2021, and its net income grew to $9.2 million, giving the company its first profitable quarter. Continue reading →

IBuyers are paying above market — and reselling for more: Mike DelPrete

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Home prices are rising across the U.S., and iBuyers, led by Opendoor, Zillow and Offerpad, are paying record-high, above market values for the homes they’re buying, but they’re also reselling them for more money than ever before. Continue reading →

3 strategies for beating institutional investors in a bidding war

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Beating out institutional investors in a bidding war is a lot like beating out other buyers, but with a bit of a twist. Continue reading →

After a pause, iBuyers are back in a big way: Mike DelPrete

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For anyone concerned that the iBuyer model wouldn’t be popular in a seller’s market, the evidence shows that it is resonating with consumers more than ever, and market conditions are in fact fueling its growth. Continue reading →

Agents should probably learn to play nice with institutional investors

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Institutional investors are a growing presence in the housing market. The savvy agent should learn their ways — even if it feels unnatural. Continue reading →

Inman Review: Can iBuyers get you leads? They can with Zoodealio

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Zoodealio’s features and offer comparison tools make every agent an iBuyer in the name of getting more listing business. Continue reading →

Sundae nets Will Smith and a list of pro athletes in latest funding round

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As-is home sales marketplace Sundae’s latest $80 million Series C funding round was jointly led by Fifth Wall and General Global Capital. Continue reading →

Ryan Schneider shares the blueprint for Realogy’s digital future

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From virtual title closing services and staging to iBuying, Ryan Schneider is banking on Realogy’s ability to lead the real estate industry into the digital age. Continue reading →