Coldwell Banker CEO talks leaving the company, says established brands survive recessions

Current Coldwell Banker CEO Charlie Young said Thursday that he plans to leave his company next year but also argued that the firm is well-positioned to thrive even if a recession hits in the near future. Continue reading

Coldwell Banker CEOs: iBuyers will be a ‘small component’ of the marketplace

CHICAGO — Both the outgoing and incoming CEOs of Coldwell Banker agreed Thursday that iBuying will be a “small component” of the real estate marketplace in the future, though they also said that disruptors offer valuable insights for … Continue reading

IBuying giant Opendoor acquires title and escrow company

Opendoor believes that by acquiring OS National it will be able to provide consumers the “most streamlined and easiest closing experience.” Continue reading

How serious are Zillow and Redfin about iBuying?

Zillow’s entry was in part a response to an existential threat to its business model, and much of the value it might derive is not from buying and selling houses at all, but rather by generating valuable seller leads. Which begs the question: How serio… Continue reading

iBuying giant Opendoor to begin offering home loans

iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading

Big swaths of the Bay Area saw home prices decline this year

A new report from Compass shows that after strong appreciation in 2017 and 2018, home prices in places such as Sonoma and Santa Clara counties have fallen. Continue reading

Opendoor will expand into Salt Lake City, Boise and St. Louis

The iBuyer plans make offers on homes in Salt Lake City and Boise later this year, followed by St. Louis in 2020, the company announced Tuesday. Continue reading

Consumers demand convenience and transparency in closings

Everyone involved in a real estate transaction is on the hook to create a better, more convenient closing process, one industry leader argued Friday. Continue reading

Redfin CEO Glenn Kelman on Zillow: ‘I’m scared of them’

Describing Zillow as ‘Godzilla,’ Kelman also conceded that Redfin’s iBuying program will never grow to 50% of the market. Continue reading