Power Buyer clients made 1 offer on average. Traditional buyers? 7
A new report from Power Buyer and iBuyer marketplace zavvie says that Power Buying 'could eventually become the norm,' citing its success in helping buyers quickly purchase a home
by Marian McPherson Apr 13
Opendoor disciplined in North Carolina for disclosure lapses
Regulators say the iBuyer misrepresented a home and didn't get the proper permits for another. Its license was suspended for 18 months, but the NCREC has stayed the suspension
by Jim Dalrymple II Apr 5
Opendoor brings iBuying services to New Jersey, New York state
The move will see Opendoor make cash offers in 17 counties in the two Northeastern states. New York City is not included in the expansion. It also brings Opendoor's market count to 46
by Jim Dalrymple II Apr 5
Brokerage disruption, iBuyer momentum, power buyers: A look at tech in Q1
Opinion
IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Here's a look back at the moves that made news already this year
by Mike DelPrete Mar 30
Opendoor cashes in on record home price appreciation
Opinion
Home price appreciation is through the roof, and that's good news for Opendoor. Its current listings are averaging 17% increases over the purchase price
by Mike DelPrete Mar 23
Spencer Rascoff is bullish on iBuying. Here’s why
Ahead of Inman Connect New York, the former Zillow CEO and 'serial entrepreneur' spoke about how he leads teams, the value of Pacaso and why he's sticking with iBuyers
by Taylor Anderson Mar 8
Offerpad expands California reach with Sacramento entry
The iBuyer’s newest market comes just two weeks after its first launch in the Golden State, where it is avoiding costlier coastal cities
by Taylor Anderson Mar 3
IBuyers purchased over 70K homes in 2021, doubling previous record
'IBuyers purchased 70,402 homes in 2021, more than double the previous annual high of 32,726 homes in 2019,' according to Zillow's Q4 iBuyer report
by Taylor Anderson Mar 2
How real estate agents can work with Keller Offers
Keller Williams' entry into the iBuyer arena, Keller Offers, connects its agents with homesellers who want cash offers or need help optimizing their home's value on the open market. Here are the ins and outs of the platform — plus several best practices straight from executives
by Marian McPherson Feb 28
News Quiz: Do you know the biggest stories for the week of Feb. 20?
CoStar Group, RE/MAX and Offerpad posted earnings reports this week, but news trickled down from all corners of the real estate industry. Test your knowledge of the biggest stories of the week
by Inman Feb 25
Opendoor revenue rises more than 1,400% in Q4, but losses mount too
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
by Jim Dalrymple II Feb 24
Offerpad turns a profit and tallies a revenue spike in Q4
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
by Jim Dalrymple II Feb 23
Offerpad arrives in California — and goes head-to-head with Opendoor
Offerpad's rollout in Riverside and San Bernardino in Southern California will put the iBuyer in direct competition with Opendoor, which has operated across the Inland Empire since 2018
by Matt Carter Feb 16
The housing market is hot, so why isn't proptech?
Opinion
Stock prices for a new wave of publicly traded real estate companies have declined dramatically, starting with Zillow's stumble. What went wrong and what does it mean for innovation? 
by Brad Inman Feb 8
Opendoor launches in California's pricey Bay Area
The launch brings the world's biggest iBuyer to one of the world's most challenging real estate markets — and marks a new chapter for the iBuying concept
by Jim Dalrymple II Feb 8