The shuttering of Zillow Offers is a good lesson in reinvention for all agents. As consumer expectations change, real estate professionals need to adapt and create something that adds value to stay ahead of the competition. Continue reading
The situation will certainly change with Zillow exiting the market and seasonality kicking in during Q4 2021. But for the time being, iBuyers have never been bigger, and Opendoor is now left as the undisputed category leader. Continue reading
Six months after securing its most significant funding round yet, cash-offer startup Homeward is aiming to raise the bar once again with the launch of 20 new markets before the end of 2022. Continue reading
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow’s announcement that it will end its iBuying business. Continue reading
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy. Continue reading
The company’s CEO Brian Bair was able to offer shareholders reassurance in the wake of Zillow’s iBuying flop by providing hard data to show that Offerpad’s business model is working. Continue reading
Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying. Continue reading
Pretium Partners has agreed to buy some of Zillow’s homes as the listings portal exits the iBuyer business, The Wall Street Journal reports. Continue reading
Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports. Continue reading
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to U.S. RES Holdco, an affiliate of Houston title insurance company Stewart Information Services. Continue reading