Regulators say the iBuyer misrepresented a home and didn't get the proper permits for another. Its license was suspended for 18 months, but the NCREC has stayed the suspension
The move will see Opendoor make cash offers in 17 counties in the two Northeastern states. New York City is not included in the expansion. It also brings Opendoor's market count to 46
Opinion
IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Here's a look back at the moves that made news already this year
Opinion
Home price appreciation is through the roof, and that's good news for Opendoor. Its current listings are averaging 17% increases over the purchase price
Opinion
Like Zillow, the biggest real estate tech companies have set their eyes on agent commissions as the answer to their revenue needs. Find out how they plan to get that money out of agents' wallets
Opinion
In a notoriously slow-moving industry, the major, publicly listed brokerages all posted impressive revenue, transaction and agent count growth in 2021. Mike DelPrete crunches the numbers and explains what they mean for the future of brokerage
Opinion
Opendoor, the original iBuyer and undisputed category leader, is laser-focused on scaling nationally and proving that it has a winning model. Economies of scale will be a key part of the equation
The San Francisco-based startup is helping lenders, title companies and iBuyers do due diligence on homeowner's associations, InspectHOA co-founder Anton Tonev told Inman
The company is set to begin a new chapter as CEO Adam Contos departs and big changes sweep across the broader industry
The iBuying giant earned $3.8B in revenue between October and December last year. The latest numbers highlight the uniqueness of Opendoor's growth strategy
The iBuyer earned a profit of nearly $13M during the final 3 months of 2021 while also beating revenue forecasts, according to a Q4 earnings report issued Wednesday
Redfin's iBuyer, RedfinNow, forgoes incentives for agents but offers a dedicated customer service team and local title options. Here’s how to get started
The company's plan to broaden its revenue sources made progress, with title, mortgage and iBuying offerings on track to generate profits, CEO Glenn Kelman said
During Inman Connect Now, Redfin CEO Glenn Kelman also noted that there is pressure on agent commissions right now, and expressed support for the MLS system
Offerpad's rollout in Riverside and San Bernardino in Southern California will put the iBuyer in direct competition with Opendoor, which has operated across the Inland Empire since 2018