Tag Archives: Zillow Offers

11% of Americans moved during the pandemic: Zillow survey

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Zillow’s latest report revealed what pushed Americans to move during the pandemic and which markets experienced the largest inflow of new homebuyers. Continue reading →

Opendoor layoffs are a retreat not a defeat

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Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it comes at a competitive cost. Continue reading →

Corral multiple iBuyer offers with new web app OfferBarn

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The president of a 200-agent boutique brokerage in Atlanta developed a solution for helping agents educate clients on the rise of iBuyers. Continue reading →

The Real Word: Why iBuyers are pressing pause

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss delayed mortgage payments and iBuyers’ decision to suspend instant offers. Continue reading →

Zillow CEO: ‘There’s no coronavirus playbook’

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Rich Barton laid out plans to cut 25 percent of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending. Continue reading →

Opendoor temporarily suspends homebuying, citing safety concerns

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A spokesperson for the iBuyer said the company’s priority is “the safety and well-being of our customers, employees and the general public.” Continue reading →

Redfin temporarily suspends homebuying amid market slump

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RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders. Continue reading →

DealHouse proves not all iBuyers are bent on disruption

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DealHouse founder Chris Chiarenza waives buy-side commissions, gives listings back to referral agents, and wants agents and iBuyers to cohabitate. Continue reading →