iBuyers are fueling Wall Street’s rental takeover
Homebuying startups that offer quick sales to antsy sellers are fueling the steady incursion of mammoth investors into the single-family rental market. Continue reading
Homebuying startups that offer quick sales to antsy sellers are fueling the steady incursion of mammoth investors into the single-family rental market. Continue reading
The offering differs from the sort of funding that Opendoor — a so-called “iBuyer” that uses technology to quickly buy and resell homes — has publicly filed for in the past, appearing to mark a bid by the firm to finance property purchases in a new way… Continue reading
The iBuyer startup currently charges homesellers an average fee of 6.2 percent when they accept its all-cash offers, but leader Eric Wu says it should someday be zero. Continue reading
Aligning closer with agents is a significant pivot for Opendoor because it signals that working with the traditional industry is an important part of its growth strategy. Continue reading
Now, influential leaders at Compass and Opendoor have since weighed in on their ties to Saudi Arabia and the international outcry over Khashoggi’s disappearance and killing. Continue reading
It’s the agent who is more than a paper-pusher, more than a transaction facilitator, who should have no fear of being disintermediated by the big, bad “disruptors.” Continue reading
Generational trends and shifting consumer behaviors are creating an opportunity for a new wave of real estate tech startups with high growth potentials. Here are three major areas of opportunity for real estate tech startups. Continue reading
Opendoor has selected about a dozen agent teams as partners for its new “preferred agent partnership” program, using them to sell more than 20 properties. Continue reading
The startup is now offering a more prominent $1,000 credit for buyers who choose to purchase one of the homes Opendoor has for sale, whether they do so directly on their own, or using one of Opendoor’s “partner agents.” Continue reading
Nearly half of the Softbank Vision Fund’s $93 billion in total value is financed by Saudi Arabia’s sovereign wealth fund, the money controlled by the country’s ruling family — $45 billion. It recently committed the same sum to another mega tech fund th… Continue reading