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
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
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
The company’s expansions come on the heels of its second straight profitable quarter. Continue reading
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 Susan Daimler on Tuesday praised the “essentialism” of real agents, while also subtly knocking rival CoStar. Continue reading
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
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
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
A comparison of Zillow Offers and Opendoor highlights the critical importance of pricing in iBuying. There’s an understated elegance in the detail; it’s not just buying low and selling high. But what makes for a successful pricing operation? Continue reading