Proptech has reached an inflection point. So, like, what happens now?
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
by Craig C. Rowe Mar 1
Offerpad lost $24K on every home sold in Q4 as losses hit record high
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
by Matt Carter Feb 22
Zavvie debuts power buyer program
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
by Craig C. Rowe Feb 15
'Big Short' investor says iBuyers could be obsolete by 2025
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
Purplebricks is a 'cautionary tale' for all tech disruptors: DelPrete
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
by Mike DelPrete Feb 2
What happened with power buying in 2022? Let's look at the numbers
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
by Taylor Anderson Feb 1
IBuying-minded HomeBldr upgrades investment analysis tools
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
by Craig C. Rowe Jan 19
Year of the off-market deal? DropOffer sees potential in 2023
Proptech DropOffer predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023
by Craig C. Rowe Jan 9
We asked a bot to write about real estate in 2022. This is the result
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
by Jim Dalrymple II Dec 23
Proptech in 2022: Zillow rebounds, iBuyers stumble and MLSs grow up
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
by Craig C. Rowe Dec 21
Zoodealio's smart upgrades reflect an evolving industry: Tech Review
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+
by Craig C. Rowe Dec 2
NYSE threatens to boot Offerpad over plummeting share price
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
by Ben Verde Nov 21
Technology-focused Fifth Wall's $500M Climate Fund stays hot
The VC firm has backed RoadRunner Recycling with a $20M Series D to help it expand. Fifth Wall stays centered on companies offering ways to make everything about housing better
by Craig C. Rowe Nov 16
Gary Keller: Tech firms' ancillary service strategy a 'big lie'
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
by Jim Dalrymple II Oct 19
DropOffer launches off-market buying solution in 6 new markets
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
by Craig C. Rowe Aug 16