Tag Archives: opendoor

Real estate tech funding reached $2.7B last month, most since 2017

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An astounding $2.7 billion was invested in real estate technology in September, a month-over-month increase of 132 percent according to a new study. Continue reading →

Zillow Offers will launch in Charlotte and Raleigh this winter

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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 →

Redfin Estimate comes under fire for sudden price hikes

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Does Redfin Estimate artificially inflate the value of certain homes, or is it just incredibly accurate and sensitive to changing market conditions? The founder of a low-fee brokerage attempted to get to the bottom of the valuation tool and found some … Continue reading →

How mergers, money and machines are reshaping real estate

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The real estate industry is a space ripe for change and disruption — from the way homes are bought and sold, to how people are paying and who’s doing that buying and selling. With change happening at such a torrid pace, it’s often hard to keep up, so w… Continue reading →

Keller Williams gets into iBuying

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Keller Williams has been quietly testing an iBuyer program for more than a year in an undisclosed market. Darryl Frost, a spokesperson for Keller Williams told Inman the company has closed nearly 100 transactions, but it’s not ready to go to market and… Continue reading →

Opendoor raises $400M in funding from SoftBank

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The company will use the money to accelerate integration of its in-house mortgage services, title services and buyer’s brokerage (via a recent acquisition of another startup, Open Listings) into its core offering to homesellers, and to continue its exp… Continue reading →

How a small Minnesota brokerage is using Opendoor to its advantage

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A Minnesota boutique indie is jumping into the iBuyer game – not armed with the capital of companies like Zillow, Knock, Redfin and Offerpard – but with a partner in Opendoor. Continue reading →

Armed with $1.2B, Bungalo launches into crowded iBuyer market

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A new, extremely well-funded online homeselling startup has entered the fray. It offers a platform that lets buyers search, tour, finance and close on a home and looks positioned to flip thousands of homes in the years ahead. Continue reading →

iBuyers react to Opendoor’s acquisition of Open Listings

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Inman asked iBuyers Knock, Offerpad and Felix Homes to offer thoughts on Opendoor’s acquisition of Open Listings, a deal that instantly raises the stakes. Continue reading →

‘It’s like buying a first-class ticket’: Opendoor’s acquisition of Open Listings met with mixed reaction

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News that Opendoor, the Arizona-based iBuyer, acquired discount brokerage Open Listings was met with concern and cautious optimism as some agents called the move a “wake up call.” Continue reading →