Tag Archives: ibuying

Opendoor reaches first profitable quarter in Q1 with $28M net income

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After eight years, the California-based iBuyer reached profitability while logging a a new revenue high of $5.2 billion, according to an earnings report Thursday. Continue reading →

Realogy CEO Ryan Schneider: Make no mistake, ‘Zillow is a competitor’

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Ryan Schneider said Zillow is competing with agents and lamented they’re still writing checks to the company. “It is a shame our industry let those companies get created,” Schneider said at ICNY. Continue reading →

Zillow president says agents are essential, criticizes dual agency

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Zillow President Susan Daimler on Tuesday praised the “essentialism” of real agents, while also subtly knocking rival CoStar. Continue reading →

Trulia’s former president on what makes a ‘world-changing’ company

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Ahead of Inman Connect New York this month, former Trulia president and current proptech investor Paul Levine talks iBuying, company culture and the future of real estate. Continue reading →

Opendoor disciplined in North Carolina for disclosure lapses

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Regulators say the iBuyer misrepresented a home and didn’t get the proper permits for another. Its license was suspended for 18 months, but the North Carolina Real Estate Commission has stayed the suspension, allowing Opendoor to continue operating. Continue reading →

Masks, politics and our great divide: Why we need to change course now

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Brad Inman can’t recall a time when we all were so righteously indignant. Name calling, picking petty fights and silent judgement are the name of the game. It’s time to bridge the divide. Continue reading →

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

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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 →

Zillow in 2022: How one of the biggest names in real estate recovers from its biggest stumble

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Zillow started 2021 ascendant but finished by bowing out of iBuying. The coming year will test the portal’s ability to pivot. Continue reading →

Brad Inman’s real estate predictions for 2022: Here’s to a sober year

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Keller Williams, Douglas Elliman, the DOJ and the NAR. Brad Inman’s crystal ball is “a little foggy — but a big trend is coming into focus for me” in 2022, Inman’s founder writes. Continue reading →