Amne and ZHome, Opendoor competitors, emerge in Austin, Texas, and Las Vegas

  • Property-exchange platforms ZHome and Amne have come onto the real estate scene, illustrating that Opendoor has company in the segment of tech entrepreneurs vying to compete in the homeselling space by compressing the transaction.

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If imitation is the sincerest form of flattery, then Opendoor should be delighted by the business models of ZHome and Amne. On the heels of Knock and OfferPad, these two additional property-exchange platforms have sprung up in recent months, underscoring a groundswell of interest in a new alternative to traditional listing brokerage.