Will SoftBank’s iBuyer investment flounder as agents adapt?

Valuations, such as that ascribed to Opendoor by SoftBank, are based on the assumption that iBuying operations advance the technology and antiquated nature of the real estate sales process. What if the same flawed thinking that saw WeWork valued at mul… Continue reading

‘They’re screwed’: iBuyers would suffer under Bernie Sanders’ housing plan 

The senator’s proposed anti-home flipping and vacant home taxes could strain the likes of Opendoor, Offerpad and Zillow Offers. NAR, meanwhile, disapproves of its rental regulations. Continue reading

Zillow is partnering with homebuilders across the US

Zillow announced Thursday a new partnership with roughly a dozen homebuilders in Zillow Offers markets across the country. The new program will allow consumers to sell their existing home to Zillow but wait up eight months to close on the sale of their… Continue reading

IBM sues Zillow over multiple charges of patent infringement

IBM is suing real estate tech giant Zillow over seven charges of patent infringement related to a host of computer processes that Zillow uses to run its website. Continue reading

Another BHGRE franchise launches iBuyer comparison tool

BHGRE Winans has launched the Flex Move program, a white-labeled version of the proprietary Offer Optimizer software from real estate tech startup zavvie. Continue reading

Compass agent launches his own iBuyer platform

Unlike a lot of brokerages in the industry, launching an iBuyer platform isn’t an immediate focus for Compass, the well-funded New York City-based brokerage. But that isn’t stopping one of the company’s San Diego-based real estate teams from launching … Continue reading

Zillow names new president of mortgage segment

Zillow executives acknowledged previously that the rollout of proprietary mortgage software was taking longer than expected. Continue reading