Raising the real estate bar, the Zillow and Compass way

A few years ago, a real estate veteran allegedly wore a hat with the number “40” emblazoned on the crown, which was his purported ranking on the Stefan Swanepoel 200 Power List. Continue reading

Why iBuying is the new Zestimate

Between Zillow’s powerful grasp over the start of the consumer homebuying journey and the relative ease of instant online offers, it’s no question that the listing powerhouse can dominate this new frontier of buying and selling. Continue reading

SoftBank eyeing additional $15B for its Vision Fund: Report

Softbank’s Vision Fund, the venture capital arm of Japanese conglomerate SoftBank, is seeking to raise an additional $15 billion to invest in tech startups. Continue reading

PREVIEW: New massive iBuyer report from Mike DelPrete

Mike DelPrete, a real estate tech advisor and strategist, has a new comprehensive iBuyer report out to help educate the real estate industry about the growing presence of the quick-close, all-cash investor-backed buyer that’s begun to percolate in mark… Continue reading

Here’s why this broker started his own iBuyer

Lamacchia Development, a sister company to the Massachusetts-based Lamacchia Realty, closed on its first home through the company’s iBuyer program, Offer Now. Continue reading

New tool allows consumers to compare iBuyer offers nationwide

Zavvie has launched Offer Optimizer, a tool that allows homeowners to compare instant offers from Offerpad, Opendoor, Zillow Offers and Redfin Now. Continue reading

Zillow is testing self-guided home tours to compete with iBuyers

Zillow is piloting a new program in Phoenix that gives prospective homebuyers access to the online behemoth’s homes without appointments or even agents. Continue reading

New Zillow CEO saw iBuying as ‘existential threat,’ envisions changes to agent ad model

Zillow dived into iBuying after seeing it as an “existential threat,” the company’s newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads. Continue reading

Zillow airs first iBuyer ads, touts name recognition

Online real estate giant Zillow has begun airing its first-ever iBuyer TV ads, which lean heavily into the company’s widespread name recognition and play up the program’s ease of use. Continue reading