The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
Opendoor is now the primary cash-offer solution behind eXp's ExpressOffers platform. Agents will soon be able to request a cash offer on qualified properties directly through an eXp dashboard
A new report released by Redfin found that 33.4% of home purchases were made in cash during April 2023 — up from 30.7% a year earlier
The dominant iBuyer lost nearly $400M in the fourth quarter, according to an earnings call Thursday. That's better than the previous quarter, but a big jump from the same period in 2021
Second Century Ventures Managing Partner Tyler Thompson will join zavvie's board of directors, the company announced
Heyl said his company is built to handle down markets. He spoke with Inman ahead of Inman Connect New York, where he’ll be talking about tech, data and the biggest trends in 2023
One-time Inman New Kid on the Block, Zoodealio's updates adjust to new purchasing models created by the mortgage-hybrids, and introduce another way to sell: Cash+
The power buyer previously cut 20% of its staff in August. The cuts come as the broader real estate industry grapples with soaring mortgage rates and slowing sales
Knock and HomeLight CEOs are witnessing a sea change as the market shifts, but they said that doesn't necessarily mean buyer and seller appetites for cash offers will change anytime soon
For agents looking to change their listing generation strategy in a shifting market, top agents Jonathan Spears and Lauren Rosin shared their tips at Inman Connect Las Vegas on Wednesday
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
Austin, Texas-based mortgage platform has more avenues to partner with real estate brokerages as it looks to expand its footprint to 23 states by the end of the year
Opinion
Everyone understands a buyer can get cold feet or buyer’s remorse in a changing market, so demonstrating commitment is paramount
Texas-based power buyer Homeward launched in Florida on Tuesday. Buyers will be able to request cash offers and use the platform's mortgage and title services
Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers