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
San Diego is the 17th market to offer homebuyers quick-close, all-cash offers from the real estate tech giant. Continue reading
Zillow executives acknowledged previously that the rollout of proprietary mortgage software was taking longer than expected. Continue reading
Zillow’s entry was in part a response to an existential threat to its business model, and much of the value it might derive is not from buying and selling houses at all, but rather by generating valuable seller leads. Which begs the question: How serio… Continue reading
Zillow Offers is officially live in South Florida. Starting Monday, sellers in Fort Lauderdale, Miami and other parts of South Florida can get a free, all-cash offer from Zillow. Continue reading
With no iBuyer strategy, yet many options, realtor.com is falling further behind in delivering value to both consumers and agents. Here’s why. Continue reading
Offerpad will provide the home buying capital behind Keller Offers in 12 markets, giving KW agents a chance to rep both sides of a sales transaction for the iBuyer. Continue reading
Zillow business shifts, Wall Street’s thoughts on profitability and a slow housing market were the biggest topics over the past two weeks. Continue reading
Market analytics firm Collateral Analytics puts hard numbers on the much-debated costs of using iBuyers to sell a home. Continue reading
Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows. Continue reading