Gary Keller: Tech firms’ ancillary service strategy a ‘big lie’

During Inman Connect on Tuesday, Gary Keller discussed an array of topics with Inman founder Brad Inman. Keller said companies have to focus on “dollars in, expenses out” as they reach for profitability. Continue reading

The big iBuyers are getting brutalized in the stock market

Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading

Zillow iBuyer program officially ends as last homes leave the market

A year after announcing it would abandon its iBuyer program, Zillow has offloaded the last of the homes it bought with Zillow Offers, marking the end of a major chapter in real estate history. Continue reading

Premier Agent dips as Zillow hangs on to modest Q2 profit

Market headwinds pushed Zillow Q2 revenues down 23 percent to $1 billion. Despite the declines, Zillow is pushing forward with major initiatives including a new partnership with former rival Opendoor. Continue reading

Zillow and Opendoor team up to provide cash offers to consumers

The partnership pairs two of the most polarizing companies in the housing business, and comes less than a year after Zillow began ending its own iBuying efforts. Continue reading

iBuyer survey: Sellers will take $45,400 less to avoid traditional sale

Clever uncovered that 65 percent of homeowners asked, would consider selling their home to an iBuyer. Continue reading

Zillow set to debut AI-generated floor plans in bid to boost browsing

The tool leverages imagery captured by agents in its 3D Home app, with software that predicts measurements, calculates square footage and generates a layout. Continue reading

IBuyers, Power Buyers saw explosive growth in 2021. What about 2022?

Services promising a more streamlined, less painful transaction experience have become more popular and are likely to stick around, according to a new report released Tuesday from zavvie. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading