New tool allows consumers to compare iBuyer offers nationwide

Zavvie has launched Offer Optimizer, a tool that allows homeowners to compare instant offers from Offerpad, Opendoor, Zillow Offers and Redfin Now. Continue reading

New Zillow CEO saw iBuying as ‘existential threat,’ envisions changes to agent ad model

Zillow dived into iBuying after seeing it as an “existential threat,” the company’s newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads. Continue reading

Zillow Homes could become a $20B biz. What do agents think?

Projections Thursday that Zillow’s still-young iBuyer program could generate up to $20 billion in annual revenues prompted mixed reactions from agents. Continue reading

Zillow thinks its iBuyer will dwarf Premier Agent soon

Zillow plans to purchase an average of 5,000 homes per month for all-cash from people around the country, and the company’s Homes division that oversees Zillow Offers will bring in expected annualized revenue of about $20 billion. Continue reading

Zillow is showing its own listings first for some users

In Phoenix and Las Vegas, Zillow appears to have tested the prioritization of its own listings above others on its website, according to an analysis by Inman. Continue reading

Zillow will buy and sell homes in five more cities

Zillow Offers, the direct-to-consumer homebuying and selling platform from the Seattle-based real estate tech titan, is coming to Miami, Minneapolis, Nashville, Orlando and Portland this year. Zillow said it will operate in all those markets by the fal… Continue reading

These were the biggest iBuyer stories of 2018

The iBuying market exploded this year, to the point that its rapid expansion has become one of the year’s most dominant real estate stories. Continue reading