Tag Archives: ibuying

Opendoor expands into 3 new markets, hits 50-market milestone

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The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor. Continue reading →

Opendoor aims for 2-minute pre-approvals with new app

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The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading →

Does a good earnings season foreshadow trouble ahead?

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Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of “headwinds” on the horizon. Continue reading →

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 →