Tag Archives: opendoor

Open Listings in Dallas gets folded into the Opendoor brand

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Open Listings will cease using its own branding in Dallas this month and carry on under the banner of Opendoor, which became its parent company last fall. Continue reading →

Redfin iBuyer offers usually rejected: Redfin chief executive

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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 →

Opendoor’s ‘nightmare’: KW agents backed by their own iBuyer

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In a presentation at Inman Connect, real estate consultant Michael DelPrete said Opendoor’s “nightmare scenario” is 160,000 Keller Williams agents “in people’s living rooms and kitchens waving around an iBuyer brochure and saying, ‘We do that, too.” Continue reading →

Consumers want an Amazon-like experience when closing

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Consumers who are used to being able to buy things with a single click want a similar experience when purchasing real estate — and they’re pushing the industry to innovate in complex areas that have long resisted disruption. Continue reading →

Bain Capital execs: iBuyers are foes of brokers and homebuyers

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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 →

KW iBuyer ‘probably’ coming in Q2, Gary Keller confirms

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Keller Williams will “probably” launch its own iBuyer program in the second quarter of 2019, Gary Keller confirmed during a multi-hour presentation of the company’s 2019 technology plans on Friday, January 11. In audio obtained by Inman, Keller said th… Continue reading →

Redfin Now is buying homes for cash in Los Angeles

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The company had previously been operating its iBuyer program in other parts of Southern California, including San Diego and Orange County, but also revealed Wednesday that it has closed on 150 homes across the region. Continue reading →

The biggest mergers and acquisitions of 2018

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The year in real estate was marked by big-name brokerages and franchises using their capital to gobble up market share and boost their value propositions with enhanced agent technology. Continue reading →