Redfin iBuyer offers usually rejected: Redfin chief executive

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses. Continue reading

Bain Capital execs: iBuyers are foes of brokers and homebuyers

Merritt Hummer, a principal at Bain who spoke with Harris and during a second Inman Connect session Friday, also painted iBuyers as antagonists to consumers themselves. Continue reading

Offerpad launches in Houston, eyes further expansion

That marks the Arizona-headquartered Offerpad’s second operational market in Texas and 10th across the U.S. At the moment, Offerpad also operates in Phoenix, Atlanta, Tampa, Las Vegas, Salt Lake City, Charlotte, Tucson, Orlando and Los Angeles. Continue reading

These were the biggest iBuyer stories of 2018

The iBuying market exploded this year, to the point that its rapid expansion has become one of the year’s most dominant real estate stories. Continue reading

The essential guide to iBuyers

What you need to know about this fast-growing category of real estate tech, where it’s available and how to use it to grow your own business. Continue reading

iBuyers are fueling Wall Street’s rental takeover

Homebuying startups that offer quick sales to antsy sellers are fueling the steady incursion of mammoth investors into the single-family rental market. Continue reading

Agents OnDemand lets users hail agents like they’re Uber drivers

The app lets homebuyers search for agents “on duty” in their area and connects them directly for showings and other business. Users pay nothing, agents pay $30 a month. Continue reading

Zillow Offers will launch in Charlotte and Raleigh this winter

The expansion to these two North Carolina cities also puts Zillow’s nascent but quickly expanding homebuying and reselling program up against competing “iBuyers,” namely Knock and Opendoor.  Continue reading