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
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
Zillow's now-shuttering iBuyer business sent revenue soaring, but also significantly amplified losses during the final months of 2021
Zillow's last earnings report included news that the Zillow Offers iBuyer program would shut down. Three months later, observers are waiting for the next pivot
Realtor.com parent Move Inc.'s revenue rose 9% year over year, which was less than the gains the company saw during the previous two quarters, according to an earnings call Thursday
Intense competition appears to have driven down average buyers' agent commissions last fall to their lowest point since at least 2017
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
In the wake of 2021, where does the iBuyer movement go from here? All February, we’ll talk to the pioneers and newcomers to the game about the opportunities, now and in the future
Other industry leaders who landed top spots on the prestigious Swanepoel Power 200 ranking include eXp's Glenn Sanford, Realogy's Ryan Schneider and Compass' Robert Reffkin
In one 'hot spot within a hot spot' — McDonough, Georgia — 70% of homes flipped by iBuyers like Zillow Offers and Opendoor were resold to institutional investors, many without being listed
As Inman's '5 Challenges' series wraps up, take a look back at how Keller Williams, Compass, Zillow and 6 other major players will contend with low inventory, rapid growth and more in 2022
There's no doubt that eXp has been on a hot streak, but that doesn't mean the brokerage lacks challenges to consider as it looks to 2022, including scaling operations through rapid growth
Heyl's rise as an agent and CEO of Homeward has been exceptional. But that isn't all he's done. Inman spoke to Heyl on his remarkable success as he sets his sights on the new year