Tag Archives: opendoor

Offerpad gets new CFO as stock hovers near record low

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Peter Knag joins the company in the middle of a rough real estate market, and when iBuying specifically appears to have lost some of its buzz. Continue reading →

Offerpad posts a decline in annual revenue, but improves Q1 losses

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The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier. Continue reading →

Offerpad posts a decline in annual revenue, but improves Q1 losses

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The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier. Continue reading →

Opendoor revenue dips and losses rise amid Q1 transaction slump

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Opendoor drew $1.2 billion in revenue between January and March, according to first-quarter earnings data released Thursday. The new numbers reflect a tough market, but also some hope for the iBuyer. Continue reading →

Opendoor’s partnership with eXp officially goes live

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The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents. Continue reading →

Opendoor posts significant decline in revenue but narrows losses in Q4

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In an earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the “potential for a more normalized macro backdrop” in 2024. Continue reading →

Talk and tech tools to help agents thrive in 2024

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Tech and team leaders at different sessions at Inman Connect New York on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients, and other agents in the industry. Continue reading →

Robert Reffkin relinquishes stock unit awards for $7M cash bonus

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An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000. Continue reading →

What the biggest names in real estate really thought of 2023

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Fourteen of the real estate industry’s biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new … Continue reading →