Offerpad launches Kansas City, St. Louis markets in ongoing expansion
The iBuyer's two new metros were the first since the company went public earlier this month; Columbus, Ohio, is next on the list
by Daniel Houston Sep 20
Opendoor surpasses 42-market expansion goal 4 months early
With the rollout of services in Washington, D.C., Cleveland and Columbus, Opendoor has officially accomplished its expansion goal set in March
by Marian McPherson Sep 14
Offerpad stock surges on second day of trading as iBuyers see gains
The iBuyer's stock spiked 27% on Tuesday before settling back down to $10 per share as investors continued to show interest in companies that make direct cash offers for homes
by Daniel Houston Sep 8
IBuyers on track to have record-setting sales in Q3
A new report from Zillow found that the nation's largest iBuyers reached a 1 percent market share in the second quarter of 2021, setting the stage for record-breaking sales in Q3
by Marian McPherson Sep 7
Opendoor acquires 2 home renovation startups
The iBuying giant will keep the teams and technology from Skylight and Pro.com, but it will discontinue the brands themselves
by Jim Dalrymple II Sep 7
Redfin extends iBuyer service into select areas in Atlanta, Nashville
With these latest moves, the Seattle-based brokerage is now offering instant cash offers to sellers in 27 markets throughout the country
by Daniel Houston Sep 1
Flyhomes launches new tool to tackle buyer's remorse
The Seattle-based startup, has launched a new tool that allows clients who regret their move to relist with no seller's commission
by Libertina Brandt Aug 26
Columbia, South Carolina Downtown Skyline with Highway
The move is part of the iBuyer's continued expansion efforts as it prepares to go public later this quarter, a spokesperson said
by Daniel Houston Aug 24
HomeLight brings its cash-offer and trade-in offerings to Colorado
Starting this week, buyers and sellers across Colorado can use HomeLight's two newest services. Dedicated staff will be in Denver
by Marian McPherson Aug 24
Keller Williams Pres. Marc King on a hot market, iBuying and that IPO
Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he's confident that real estate agents will survive today's period of disruption. This and more as Inman takes a Deep Dive into all things Keller Williams, all week long
by Jim Dalrymple II Aug 23
Keller Williams hires former eXp, Zillow exec to oversee iBuying
Raymond 'RJ' Jones will spearhead both Keller Offers, the company's iBuying program, and Keller Manage, a soon-to-launch program that'll provide home maintenance services
by Jim Dalrymple II Aug 19
Opendoor looking to raise up to $862.5M in new debt
The debt offering — in the form of senior convertible notes that mature in 2026 — will include a $750M private offering to qualified institutional investors
by Matt Carter Aug 17
Opendoor reports $1.2B in revenue, beats expectations in Q2
The iBuyer also experienced a loss of $144M between April and June and sold a total of 3,481 homes
by Jim Dalrymple II Aug 11
IBuyers are paying above market — and reselling for more: Mike DelPrete
Home prices are record high, and iBuyers are paying above market values for the houses they buy, but they're also reselling them for more than ever before
by Mike DelPrete Aug 11
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5