Opendoor in 2023: The iBuying king and a business model in turmoil
Opendoor faces a fight for survival after ‘an abrupt strategy pivot’ sent it to 2023 ‘without a proven business model.’ See the 5 biggest challenges facing the king of a troubled business model
by Taylor Anderson Jan 17
Opendoor faces 'existential' crisis as iBuying fights for survival
The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market
Zillow and Opendoor team up to provide cash offers to consumers
The partnership pairs 2 of the most polarizing firms in the housing business, and comes less than a year after Zillow began ending its own iBuying efforts
by Jim Dalrymple II Aug 4
Opendoor in 2022: As the king of the iBuyers grows, so does its risk
Opendoor faces an array of challenges from other companies and sectors as it aims to hold its position as the biggest and most successful iBuyer in the world
by Jim Dalrymple II Dec 9
Opendoor boosts homebuying power with $9B borrowing limit
Opendoor is on the hunt for more funds, according to a Bloomberg report. The iBuyer's new debt facility agreement will boost its borrowing power to $9B
by Marian McPherson Oct 7
Opendoor surpasses 42-market expansion goal 4 months early
With the rollout of services in Washington, D.C., Cleveland and Columbus, Opendoor has officially accomplished its expansion goal set in March
by Marian McPherson Sep 14
Opendoor announces its first chief customer officer
Megan Meyer Toolson, an employee of the real estate company since 2015, is being promoted to the new position
by Patrick Kearns Jan 26