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

Opendoor files for $300M ‘property acquisition fund’

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

Trulia founder: The 3 ways tech will transform real estate next

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

Exclusive: Opendoor testing new co-listing partnership with selected agents

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

Opendoor is using a $1,000 credit to nudge buyers toward its partner agents and homes

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

Opendoor, Compass and their big investor are silent on Saudi Arabia controversy

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