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

Zillow will buy and sell homes in LA, Austin, San Diego and more

Zillow announced on Thursday it’s expanding its direct-to-consumer home buying and selling platform known as Zillow Offers to Austin, Los Angeles, Sacramento, San Antonio, San Diego and Tampa within the next year.  Continue reading

Indie brokerage launches unconventional iBuyer program

Texas-based brokerage JP & Associates Realtors announced Tuesday it has teamed up with a tech company to launch an agent-centric cash offer program. Continue reading

8z Real Estate is latest brokerage to jump into the iBuyer business

Colorado-based real estate brokerage 8z Real Estate is the latest to offer a direct-to-consumer home buying and selling platform, known as an “iBuyer.” Continue reading

Is Purplebricks really in turmoil? A closer look

The stock price is significantly down from the highs of last year, the U.S. and U.K. CEOs are out, and revenue guidance has been repeatedly downgraded. Find out what other challenges Purplebricks faces in the U.S. here. Continue reading

Why did Zillow sue Compass? It’s more complicated than you think

Zillow is suing Compass because it worries about anybody who is focused on using technology to reduce the time, stress and uncertainty it takes to buy and sell properties. Continue reading