Tim Heyl on Homeward’s power buyer pivot in a high-rate cycle

The power buyer CEO also weighs in on whether traditional iBuyers will ever see their Goldilocks moment and turn a regular profit. Continue reading

Calque unveils ‘light’ version of its ‘buy before you sell’ offering

Touted as faster and more affordable, Calque’s new “Contingency Buster” product is tailored to homeowners who don’t need to tap their equity when buying their next home, executives say. Continue reading

Calque adds 2 more lenders to growing nationwide partner roster

Austin, Texas-based fintech’s flagship product, “The Trade-In Mortgage,” helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation. Continue reading

More lenders partner with Calque to offer ‘The Trade-In Mortgage’

EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and buy before they sell. Continue reading

Knock integrating bridge loans into partners’ prequal processes

NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell. Continue reading

With $15M goal, Knock turns to ‘everyday’ investors

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It’s using Wefunder to reach $15 million total. Continue reading

Anywhere vet Simon Chen is new CEO of bridge loan provider Arrival

The San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a “cash-equivalent offer” on their next home. Continue reading

Zavvie rolls out power buyer services to mortgage lenders

After debuting a power buyer program for real estate brokerages in February, zavvie now has power buyer partnerships with 30 mortgage lenders in nine states. Continue reading

REACH turns 10: Inside the NAR tech accelerator’s success rate

Since the accelerator launched a decade ago, 80 companies have graduated from the program, according to an Intel analysis. More than 75 percent are still in business and approximately 20 percent have been acquired. Continue reading

What happened with power buying in 2022? Let’s look at the numbers

The market went south, but consumers’ appetite for power buying didn’t, according to a new report from real estate marketplace zavvie. Continue reading