Bain Capital execs: iBuyers are foes of brokers and homebuyers

Merritt Hummer, a principal at Bain who spoke with Harris and during a second Inman Connect session Friday, also painted iBuyers as antagonists to consumers themselves. Continue reading

iBuyer Knock raises $400 million in latest fundraising round

Atlanta-based iBuyer Knock has raised $400 million in its latest fundraising round, significantly upping the ante in the high-stakes world of quick turnover, cash-based home buying. The company announced the funding Tuesday, saying that it came in the … Continue reading

Redfin Now is buying homes for cash in Los Angeles

The company had previously been operating its iBuyer program in other parts of Southern California, including San Diego and Orange County, but also revealed Wednesday that it has closed on 150 homes across the region. Continue reading

These were the biggest iBuyer stories of 2018

The iBuying market exploded this year, to the point that its rapid expansion has become one of the year’s most dominant real estate stories. Continue reading

Inman’s most-read stories of 2018

The past year has seen a wave of news about new technology, the struggles Realtors are facing in a changing market, lawsuits and even crime. Here are Inman’s 16 must-read posts from 2018. Continue reading

Opendoor is expanding to Washington, D.C., Los Angeles

Opendoor plans to expand to Washington, D.C., next year, marking a significant push into the notoriously difficult-for-iBuyers East Coast market. Continue reading

Redfin hires a renovations chief as it builds up its iBuyer program

Redfin beefed up its iBuyer program Wednesday, announcing that it has hired its first-ever “national head of renovations” for RedfinNow. Continue reading

The essential guide to iBuyers

What you need to know about this fast-growing category of real estate tech, where it’s available and how to use it to grow your own business. Continue reading

Why seller leads are Zillow’s biggest opportunity

Last week, Zillow announced its latest financial results, and the stock dropped 25 percent (losing $2 billion in value). But the story everyone is missing is the Zillow Offers business and its huge potential with seller leads. Continue reading