5 people to watch at Offerpad as the iBuyer continues to expand

Offerpad, an iBuyer making major waves in how homes in many major cities are sold, has been on an unstoppable course of growth for more than half a decade. Continue reading

Spencer Rascoff: iBuyers not to blame for supply shortage

The former Zillow CEO touched on iBuying, real estate companies going public and “global asset inflation” during a discussion at Connect Now. Continue reading

Fifth Wall debuts third SPAC, hopes to raise $250M

Fifth Wall Ventures, an investment company that focuses on real estate technology, has launched a new special purpose acquisition company. Continue reading

Everyone wants a slice of the housing market. That’s the problem

Right now, the housing market has a slew of uninvited guests in one of the worst housing shortages in the history of America. Continue reading

Offerpad launches full-suite of services in Indianapolis

Offerpad has chosen Indianapolis as its first Midwestern market. The iBuyer’s full suite of services will be available this summer. Continue reading

Offerpad: Sellers can stay in homes up to 60 days after closing

To help alleviate the stress of selling, Offerpad will now give sellers the option of remaining in a home up to 60 days after closing escrow. Continue reading

Knock hires Goldman Sachs, fueling IPO speculation

Is the company behind the fast growing Home Swap knocking on Wall Street’s door? Knock CEO Sean Black will only confirm the hiring of Goldman. He was part of the team that took Trulia public. Continue reading

How much are iBuyers paying for customer acquisition?

Over the past three years, the largest iBuyers — Opendoor, Zillow and Offerpad — have spent over $200 million advertising directly to consumers. That spend peaked in 2019 before slowing during the pandemic. Historically and today, Opendoor appears to b… Continue reading