Zacks analyst: Zillow Offers will ‘make or break the tech giant’

Technology is transforming real estate and iBuying is taking center stage, according to Daniel Laboe, an analyst at Zacks, an investment research firm. Continue reading

The essential guide to investment properties

It’s a huge industry, and one that represents an opportunity for agents. But it’s also a field with quirks, culture, sub-categories and methodologies. Continue reading

Zillow Offers listings grow, surpassing Offerpad, gaining on Opendoor

In a little more than a year, Zillow Offers has quickly expanded to 11 markets nationwide, and the number of homes it has listed for sale at any given time is rising rapidly, catching up to other major rival “iBuyers” and even exceeding them in some ca… Continue reading

Real estate is at a ‘tipping point,’ analyst says

Traditional models shouldn’t be fully counted out, but they need to change, according to John Campbell. He’s downgraded Realogy’s target share price from $16 per share to $8 per share and lowered RE/MAX’s target stock price from $45 per share to $37 pe… Continue reading

Where do SoftBank’s struggles leave Opendoor, Compass and real estate tech?

The Vision Fund’s commitment to real estate remains intact, according to a person familiar with its thinking. By the fund’s estimation, it’s still early innings for industry disruption, the person said. Continue reading

Offerpad hires Zillow vet, promises cash offers within in 1 hour

Offerpad, the Arizona-based online fast homebuying and re-selling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of… Continue reading

Zillow’s way or the highway?

IBuyer expert and real estate analyst Mike DelPrete explains how market incumbents are stepping up their game to adapt to a shifting business landscape ahead of Inman Connect Las Vegas on July 22-26. Continue reading

Opendoor sued for trademark infringement over its mortgage brokerage

Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in A… Continue reading