Offerpad recorded a gross profit of $93M, an 83 percent annual increase and its third straight profitable quarter, according to a Q2 earnings report released Wednesday afternoon
Regulators with the Federal Trade Commission on Monday accused the iBuyer of 'cheating' and 'tricking' consumers. Opendoor disagrees with the allegations but has agreed to settle the case
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company's history
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
Opendoor made over 2M offers to curious homeowners in 2021, exponentially more than ever before. This highlights the growing potential of Opendoor's 'top of the funnel' customer appeal — which is beginning to rival Zillow
Houston-based ERA Legacy Living is the latest brokerage to join real estate communication platform Happy Grasshopper. Legacy Living will use HG's data-powered recruiting platform
Knock co-founder and CEO Sean Black shares his views on how rising home prices and mortgage rates could affect Power Buyers ahead of Inman Connect Las Vegas
Opinion
The heady days of record home price appreciation — the most significant driver of iBuyer profitability — appear to be coming to a close (for now)
Opinion
As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies
Clever's 'American Attitudes on iBuyer Companies' survey of 994 people reveals numerous facts about consumers and iBuyers, including the lengths they'd go to avoid a more traditional sale
The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor
The share of homeowners who sold to an iBuyer declined in the opening months of 2022, as Zillow continued its exit from the business
Opinion
The market is softening and it's reflected in quarterly declines. Fewer transactions mean less brokerage revenue
Services promising a more streamlined, less painful transaction experience have become more popular and are likely to stick around, according to a new report released Tuesday from zavvie