eric wu

At Inman Connect on Wednesday, Wu told Brad Inman that while users are increasingly comfortable selling their homes directly online, most buyers still lean on agents

The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic levels

To kick off Connect Now on Tuesday, Brad Inman and Trulia co-founder Pete Flint discussed the challenges and opportunities tied to the digitization of real estate

The company wants to double its total markets in 2021 but is eyeing a much bigger goal

In its first earnings report since going public, Opendoor posted a net loss of $286M in 2020 and $87M in the fourth quarter alone

The newly public company revealed in US Securities and Exchange Commission filings Tuesday that it expects to report $2.58B in revenue in 2020, down from the $4.7B in 2019

Following the official merger with Social Capital Hedosophia Holdings Corp. II, the well-funded iBuyer begins publicly trading as OPEN on the Nasdaq exchange Monday

The company will be listed on NASDAQ under the ticker symbol 'OPEN'

Daniel Morillo is joining the iBuyer in the company's newly created CIO role

The S-4 filing with the SEC also gives a deep insight into Opendoor's revenue and losses through the first six months of 2019

For the second consecutive month, Deutsche Bank's research team raised its target stock price for Zillow. This time, it was fueled by its biggest iBuyer competitor going public

In an announcement Tuesday, the company revealed that it generated $4.7B in revenue in 2019 while selling more than 18,000 homes

Opendoor is reportedly in talks to go public in coordination with Social Capital Hedosophia Holdings Corp. II, a blank-check company that acquires and takes other companies public

The move hints at how strongly real estate has bounced back during the pandemic, which is still ongoing and has prompted Opendoor to include virtual assessments for homes