“Cash is king,” the real estate analyst argued during his opening address at Inman Connect Las Vegas. His point was that losing money has turned from an advantage to a liability. Continue reading
The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow’s platform to feed Opendoor’s sales funnel. Find out how Mike DelPrete sees this shift playing out and impacting the iBuyer market. Continue reading
On stage at Inman Connect Las Vegas, DelPrete argued that most consumers don’t need or want to navigate yet another dashboard or website. In many cases, they just want their agent. Continue reading
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading
The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2 billion in revenue, but ended up back in the red with $54 million in losses. Continue reading
The partnership pairs two of the most polarizing companies in the housing business, and comes less than a year after Zillow began ending its own iBuying efforts. Continue reading
Regulators with the Federal Trade Commission on Monday accused the iBuyer of “cheating” and “tricking” consumers. Opendoor disagrees with the allegations but has agreed to settle the case. Continue reading
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading