Matterport finishes first day of trading slightly down

The 3D imaging company’s shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company. Continue reading

3D tour giant Matterport makes its stock market debut

The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport’s turf. Continue reading

Opendoor’s mortgage attach rate jumps, but at what cost? Mike DelPrete

For any company attempting to generate profits from adjacent services, and there are a lot, mortgage remains hard. It is no panacea for profitability. Continue reading

Opendoor is just 2 markets away from reaching 2021 expansion goal

Opendoor launched new operations in Birmingham and Indianapolis, according to an announcement on Tuesday. The iBuyer said it would be in 42 markets before the end of 2021. Continue reading

Toronto iBuyer raises $44M with help from Spencer Rascoff, Eric Wu

Properly is a tech-based real estate brokerage in Canada with a model similar to U.S. iBuyers like OpenDoor and Zillow Offers. Continue reading

Opendoor launches new referral rewards program for agents

Two years after launching its Agent Partner Program, Opendoor has launched another option for agents to earn commissions and bonuses from seller transactions. Continue reading

Tomo launches with aim to ‘be the best at purchase mortgages’

The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston. The company will refer homebuyers to real estate agents through a partnership with coaching company Tom Ferry. Continue reading

Side readies for IPO, more than doubles valuation

The San Francisco-based startup now says it’s worth $2.5 billion — way up from $1 billion just three months ago. Continue reading

IBuyers are entering the previously untouched Northeast market: Mike DelPrete

Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready? Continue reading