Opendoor temporarily suspends homebuying, citing safety concerns

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

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

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

These 15 markets are poised to become the next iBuying hotspots

A change in FDIC regulations will make it easier for iBuyers to enter markets in the North and South, according to home-value data platform Ownerly. Continue reading

IBuyer aggregator OfferBarn releases updates to offer analyzer

Red Barn Real Estate CEO developed a web app for accumulating and comparing iBuyers, cash investors and open market transactions. Continue reading

End-to-end times: How the all-in-1 platform became the holy grail

Companies both old and new are racing to build platforms that handle more of the real estate transaction. Agents will have to adapt to survive. Continue reading

Zillow’s iBuyer sends revenue soaring in Q4, beats expectations

The company’s revenue jumped 158 percent year-over-year during the final months of 2019 — far more than analysts had expected. Continue reading

Zillow declares mission accomplished, debuts new comprehensive vision

Zillow this week debuted a new mission statement: Rather than simply building a marketplace, the company says its new goal “is to give people the power to unlock life’s next chapter.” Continue reading

Want higher attach rates? Make your agents employees

Paul Hurst, the vice president of venture investments at First American, advises that companies are more likely to get consumers to use affiliated services if they use W2 agents. Continue reading