Why real estate tech investment won’t stop anytime soon

A massive amount of money is flowing into the real estate technology space and Jeffrey Berman, general partner at real estate tech investment firm Camber Creek thinks it’s only going to grow. Continue reading

Opendoor will hand out pumpkins to people who download its app

The well-funded homebuying startup is hosting an extravagant Halloween bash tomorrow, Sunday, October 14, in one of its Phoenix-area homes-for-sale featuring the “world’s first-ever in-home pumpkin patch,” complete with 750 pumpkins representing the 75… Continue reading

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

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

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

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

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

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

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

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

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