Tag Archives: ibuying

Opendoor in 2022: As the king of the iBuyers grows, so does its risk

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Opendoor faces an array of challenges from other companies and sectors as it aims to hold its position as the biggest and most successful iBuyer in the world. Continue reading →

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

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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 →

Zillow close to unloading more than half of its iBuyer homes

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Real estate giant also announces $750 million stock buyback following the company’s stock price tumble after Zillow Offers shutdown. Continue reading →

Zillow cancels 400 Zillow Offers contracts due to closing restraints

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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

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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 →

4 reasons every brokerage needs an iBuyer solution (yes, even after Zillow)

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Consumers will continue to increasingly seek different real estate pathways. Zillow, Redfin, Opendoor and other national iBuyers aren’t going away. Why not stake your claim on a piece of the action? Continue reading →

The case for reinvention: Why agents should always be adapting

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The shuttering of Zillow Offers is a good lesson in reinvention for all agents. As consumer expectations change, real estate professionals need to adapt and create something that adds value to stay ahead of the competition. Continue reading →

WATCH: Redfin CEO Glenn Kelman on his iBuyer growth skepticism

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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 →

Spencer Rascoff: The transaction facilitator category needs a rebrand

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Offerpad backer Spencer Rascoff thinks iBuying will survive without Zillow, but emerging companies need a better name for their services. Continue reading →

Zillow Offers is dead. But Zillow (and iBuying) is here to stay

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At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what “Zillow 3.0” could look like. Continue reading →