Tag Archives: ibuying

Opendoor launches self-guided virtual walk-throughs for sellers

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Homesellers using Opendoor can now complete their interior home inspection through uploaded videos and photos, according to a company announcement on Tuesday. Continue reading →

Keller Williams Pres. Marc King on a hot market, iBuying and that IPO

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Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he’s confident that real estate agents will survive today’s period of disruption. Continue reading →

Keller Williams hires former eXp, Zillow exec to oversee iBuying

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Raymond “RJ” Jones will spearhead both Keller Offers, the company’s iBuying program, and Keller Manage, a soon-to-launch program that’ll provide home maintenance services. Continue reading →

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 →

Zillow rakes in $1.3B revenue in second quarter, but sees profits slip

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The company’s net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters. Continue reading →

Zavvie teams up with major indie Midwest brokerage

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The partnership will give agents at Sibcy Cline Realtors the ability to present a variety of different selling options to their clients. Continue reading →