Tag Archives: Industry News

Zillow after Zillow Offers: Here’s what happens next

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Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers. Continue reading →

These venture capitalists predicted Zillow Offers’ demise

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Opendoor co-founder Keith Rabois and “The Big Short” investor Steve Eisman predicted the end of Zillow Offers as soon as it began. What did they see that others didn’t? Continue reading →

Zillow Offers collapse is proof of the Zestimate’s inaccuracy

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Bernice Ross has written about the inaccuracies of the Zestimate since it launched in 2006. Here, she outlines why Zillow’s decision to shut down its iBuying business is more than just a response to the extreme volatility of the Zestimate, but rather a… Continue reading →

West + Main acquires Oregon-based Fred Real Estate Group

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The acquisition will grow Colorado-based West + Main Homes by more than 130 agents. The deal is set to be finalized by the end of 2021. Continue reading →

Compass hires new sales executive from Brown Harris Stevens

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Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens. Continue reading →

Zillow stocks plunge as competing iBuyers hang steady amid chaos

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Thirty minutes into trading on Wednesday, Zillow Group’s stock was down about 16.6 percent to around $70.55 per share. Continue reading →

The Zestimate comes back to bite: Reactions to the end of Zillow Offers

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Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton’s statements on the difficulties of forecasting home prices and the company’s Z… Continue reading →

Opendoor plans to hire nearly 100 tech engineers in Canada

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The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading →

PeerStreet aims to make trading real estate debt as easy as stocks

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With Secondary Marketplace, investors will be able to sell fractional positions in loans and create more flexibility in adjusting portfolios as needed to achieve investment goals. Continue reading →