Opendoor’s next frontier: Older, pricier homes in LA

The iBuyer will purchase homes costing up to $800,000 in the Los Angeles metro area, which is home to more than 13 million people. Continue reading

WATCH: IBuying disrupted — the Battle of the Behemoths

Blast from the past: Analyst Mike DelPrete explains the seismic shifts shaking up the residential real estate market onstage at Inman Connect Las Vegas 2019. Continue reading

NAR board overwhelmingly approves pocket listing policy

In a 729-70 vote, the trade group’s 800-member board on Monday morning voted to approve the Clear Cooperation Policy. Continue reading

Redfin up, recruitment down: 3Q19’s big winners and losers

How did Zillow, eXp Realty, Move.com, Realogy and homebuyers themselves fare during third-quarter earning calls this week? Continue reading

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading

Redfin beats expectations, posts $239M in revenue for Q3 2019

The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate. Continue reading

Redfin CEO doubles down on support for pocket listing ban

In a new blog post, Glenn Kelman argues that exclusive listings lead to discrimination and urged real estate professionals to take a stand by supporting a proposed ban. Continue reading

Zillow: Our iBuyer offers are nearly the same as traditional offers

A year and a half after Zillow began buying houses with cash, the online real estate giant says that its instant iBuyer offers are nearly the same as what sellers can get on the open market. Continue reading

Stagnant homeowners are creating an inventory catch-22

A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a five-year increase from 2009. Continue reading