The firms said they would expand into Houston, Phoenix and Dallas. The expansion follows the group’s February announcement that they would offer their joint service in Atlanta and Raleigh
Opinion
Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers
Offerpad sold more than 10,000 homes last year for the first time in company history, but posted a record $121.1M fourth-quarter loss, according to an earnings call for the iBuyer on Wednesday
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include 2 models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan
In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won't survive much longer, calling them the 'forced sellers' of today's market
Opinion
UK-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements
Proptech DropOffer predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023
We asked the buzzy new AI tool ChatGPT to write a report for Inman on iBuyers, technology and tips for agents going into the new year. Turns out, the bot might have a bright future in real estate
Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022
One-time Inman New Kid on the Block, Zoodealio's updates adjust to new purchasing models created by the mortgage-hybrids, and introduce another way to sell: Cash+
Offerpad's stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which could make it more difficult to buy and sell shares
During Inman Connect, Keller discussed an array of topics with Inman founder Brad Inman. Keller said companies have to focus on 'dollars in, expenses out' as they reach for profitability
DropOffer's app provides data on existing homes for agents and buyers to leverage when approaching off-market sellers and it gives buyers an alternative to what's on the open market
