Proptech investor Paul Hurst sees a ton of opportunity in market shift

The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now. Continue reading

Knock CEO: Sellers will need Power Buyers even more as market shifts

If rising home prices and mortgage rates create a buyer’s market, sellers will need Power Buyers even more, says Knock CEO Sean Black. Continue reading

Lower launches ‘Realtor agnostic’ cash-offer service, MortgagePass

Less than a month after partnering with Orchard to provide Power Buyer services, Lower pilots its own program in Columbus, Ohio, with plans to go nationwide. Continue reading

IBuyers, Power Buyers saw explosive growth in 2021. What about 2022?

Services promising a more streamlined, less painful transaction experience have become more popular and are likely to stick around, according to a new report released Tuesday from zavvie. Continue reading

Power Buyer Knock revamps board of directors

Representative of NAR’s venture capital arm, Second Century Ventures, will serve as an observer on Knock’s board of directors. Continue reading

From ‘Better’ to worse: Real estate companies making layoffs so far

With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading

Power Buyer Orchard now serving first-time homebuyers

After piloting cash-offer product in Texas and Colorado, company plans to offer Buy With Orchard in all of its markets in the months ahead. Continue reading

Guild Mortgage rolls out cash offer program in 11 states, more to join

Guild’s CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy. Continue reading

Brokerages push back on NAR ad campaign targeting ‘competitors’

The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading