Investor scrutiny has grown lately as the iBuyer bets AI tools can improve margins in a shaky housing market
Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging
Christy Schwartz, the iBuyer’s longtime chief accounting officer, was named interim CFO. She’ll replace Selim Freiha, who served as CFO for less than a year
The old paradigm of iBuying is over, Revaluate's Chris Drayer writes. Whatever happens next may put real estate agents back at the center of the transaction
Investors who kept the faith even as the iBuyer's stock price was plummeting earlier this summer are being rewarded now with a surge following the announcement of Kaz Nejatian as the new CEO
Nejatian has a background as a lawyer, and helped build teams and products at Shopify after joining the ecommerce company in 2019
After a stock rally and CEO ouster, investors are turning their attention to what’s next for Opendoor. Some say the company must work with agents. Others disagree
After months of investor criticism, Carrie Wheeler has resigned as Opendoor CEO. A search for a new CEO is now underway
Investor Eric Jackson takes credit for leading retail investors to buy a stock that was worth 51 cents a month ago. Next, he wants to join the board of directors and oust CEO Carrie Wheeler
The Founders Fund partner, Inman Connect speaker and builder of space factories thinks in 'big ideas,' emulating his fund's mission to back non-traditional entreprenuers and change-makers
With $3M in new seed funding from Founders Fund, Roam wants to help buyers 'wind back the clock' on mortgage rates in markets nationwide by the end of the year
In theory, all government-backed FHA, VA and USDA loans are assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO
CRMLS CEO Art Carter says the fund will serve agents' and brokers' need for 'high-quality technology that enables them to do their jobs without worrying about how their data gets used'
San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer's lending services