Opendoor will begin embedding live cash offers in RealScout
As brokerages fight over listings, Offerpad is quietly rebuilding its seller intake and routing system
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How Offerpad’s 3 percent Partner Program and HomePro are redefining real estate partnerships
Cash offer pioneer pivots to a national rollout of its 'Buy Before You Sell' bridge financing program
After setting up shop in 11 new states, lender's 'strategic expansion into carefully identified markets' will include 18 additional states before next year's spring homebuying season
After months of investor criticism, Carrie Wheeler has resigned as Opendoor CEO. A search for a new CEO is now underway
Offerpad's revenue fell 36% year-over-year to $160.3M in Q2. However, its net losses declined 21% to $10.9M
After pilot tests in 11 markets, iBuyer expands its Key Connections program that puts partner real estate agents in touch with high-intent sellers who want to explore their options
Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development and continues to expand beyond its regional roots
Partnerships with agents and builders lay the groundwork for a foray into Florida, Georgia, North Carolina, South Carolina, Tennessee led by former Guild Mortgage exec John Porath
Having slashed operating expenses by 40% from a year ago, the iBuyer has its sights set on eventually boosting home purchases to 1K per quarter on lower cost structure
The power buyer CEO also weighs in on whether traditional iBuyers will ever see their Goldilocks moment and turn a regular profit
Touted as faster and more affordable, Calque's new 'Contingency Buster' product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say
CEO Brian Bair said in a recent interview that agents no longer view Offerpad as a threat, noting they can make 4% if a client takes the company’s cash offer and the home is updated and resold
The iBuyer declined to confirm how many employees have been let go. Recent SEC filings show widespread cuts compared to a year earlier