EXp Realty tallies sixth straight record-breaking quarter in Q3

EXp World Holdings, parent company of eXp Realty, shared third-quarter 2021 earnings results Wednesday. The company raked in $1.1 billion in revenue as its agent count grew 82 percent. Continue reading

The Zestimate comes back to bite: Reactions to the end of Zillow Offers

Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton’s statements on the difficulties of forecasting home prices and the company’s Z… Continue reading

What should Zillow do with its homes after its iBuyer closes?

On Tuesday, Zillow announced that it would shutter Zillow Offers, its embattled iBuyer program. With plans to unload 7,000 homes at an estimated $2.8 billion, Inman wants to know if there’s another way out. Continue reading

Microsoft ups cloud capabilities for mortgage lenders

Microsoft is bolstering its cloud capabilities with a new offering tailored to meeting the privacy, security and regulatory compliance needs of financial services companies. Continue reading

Zillow sees revenue tick up as tension mounts over iBuyer fallout

The popular portal raked in $1.7 billion during the third quarter of 2021, though it also lost $328 million — much of it from iBuying. Continue reading

Tech takeaways from Inman Connect: Mortgage’s evolution, betting on iBuyers and more

Technology was a central theme at Inman Connect Las Vegas, dominating conversations about indie brokerages, new mortgage providers, iBuying and more. Here’s what you need to know. Continue reading

Opendoor plans to hire nearly 100 tech engineers in Canada

The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Continue reading

What to Watch for: Zillow’s Q3 2021 earnings results

With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into Q3 earnings on Tuesday. Here are four things to keep an eye on. Continue reading

Vacasa launches new homeowner app to monitor property

The new app will provide homeowners on the company’s platform with easy access to information regarding the management and revenue performance of their property. Continue reading