Austin, Texas-based fintech hires CoreLogic vet Michael Bremer as CEO and signs APEX Mortgage Group, C2 Financial and Cornerstone First Mortgage as partners
The federal agency will send checks to 54,689 consumers it says were deceived by advertising and marketing claims made by the iBuyer
The companies' integrated technology will streamline the process to make Opendoor cash offers available to eXp's tens of thousands of agents
The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245M to $285M in revenue and achieve positive adjusted EBITDA earnings later this year
In a Q4 earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the 'potential for a more normalized macro backdrop' in 2024
Offerpad provides sellers a unique way to transact through a fast, tech-enabled cash offer, with benefits like post-closing stay-over period, free local relocation and ability to choose closing date
As real estate dives into the new year, 14 of the industry's top leaders looked back on mortgage rates, slow sales, antitrust suits, NAR drama and other headline-making stories from 2023
Opinion
Perisphere uses an onboard computer vision solution and 0% commission model to help consumers self-direct transactions, using consumer sentiment against agents to sell the tool
The Seattle-based brokerage and mortgage lender announced another round of layoffs on Friday. Flyhomes had layoffs in July and November 2022, with one round impacting 20% of its workforce
Wu founded Opendoor in 2014 and served as the company's chief executive officer until last year. He said in a statement that he's leaving to focus on building new things
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
From brokerage companies to portals to lenders and investors, Airbnb to Zillow, we've got the news you can use about the dollars and cents that are driving the real estate economy right now
CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp
The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
The iBuyer reported Q3 earnings Thursday, with revenues declining 71% YOY to $234.2M. Offerpad dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024