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 addition brings upwards of 200 agents to Compass' ranks and gives the brokerage a strong position in the state's luxury market. It will also launch offices in Chandler and Flagstaff in 2025
Shares in Offerpad hit new all-time low in after-hours trading Monday after the iBuyer reported that it continues to trim its losses but expects further declines in revenue and homes sold in Q3
Chandler-based Infinity & Associates Real Estate did more than a quarter of a billion in volume in each of the last 2 years, according to Keller Williams
Revelation Real Estate has nearly 900 agents based out of an office in a Phoenix suburb and had previously made investments in its brick-and-mortar operations
Technology is turning open houses into data generators and eliminating the need to visit property in the first place. Meanwhile agents are staging bigger and bigger events
A 4-bedroom, 2-bathroom home has hit the market in Chandler, Arizona. The listing agent for Zillow's iBuyer program talks to Inman about selling it for the tech giant
The co-owners explain why they are going against the trend by building state-of-the-art offices, and how they plan to use them