Nearly 50% of homes sold to iBuyers were in 4 markets: Mike DelPrete
Mike DelPrete maps the growth of tech-enabled real estate brokerages and iBuyers from 2018 to 2020 at Inman Connect in New York
by Patrick Kearns Jan 29
Redfin expands estimate coverage, cites greater accuracy
The error rate of Redfin's AVM improved 5 basis points and expanded to the state of Connecticut as well as Boise, Des Moines, Spokane and Chattanooga
by Patrick Kearns Dec 20
This was the year — and decade — of big money in real estate
Both 2019 and the decade leading to it were dominated by disruption. And the thing fueling that disruption was a whole lot of cash
by Jim Dalrymple II Dec 19
Move over Phoenix, Los Angeles is latest battleground for real estate tech
Years ago it was hard to imagine iBuyers ever making headway in a city with older and more expensive homes. But this year Opendoor, Zillow and others went all in on L.A.
by Jim Dalrymple II Dec 13
IBuyers gobbled 3.1% market share in 3rd quarter of 2019: Redfin
More than 5% of homes were sold to iBuyers in Phoenix and Raleigh, the top 2 markets for the direct buying platforms
by Patrick Kearns Dec 11
Redfin sign
As of Tuesday, Redfin Direct is now available in Los Angeles, San Diego, Sacramento, Santa Barbara, the Inland Empire and most of Redfin's other California markets
by Jim Dalrymple II Dec 3
Redfin beats expectations, posts $239M in revenue for Q3 2019
The latest earnings report comes as the tech-oriented brokerage steadily expands programs such as RedfinNow and Redfin Direct, which could upend how consumers engage with real estate
by Jim Dalrymple II Nov 6
Redfin launches in new markets in Tennessee, Georgia, Kentucky
Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com as well as use the brokerage's agents
by Jim Dalrymple II Oct 30
A Las Vegas sign
The iBuyer platform will join Zillow Offers, Opendoor and Offerpad in a crowded but popular market
by Patrick Kearns Oct 7
EXp launches its own instant offer platform
The proprietary tech platform will connect sellers with institutional investors for a quick-close, all-cash offer, as well as show the buyer what the home might fetch on the market
by Patrick Kearns Oct 3
RedfinNow joins crowded Houston iBuyer market
Starting Wednesday, homeowners in the Houston metro area can get an all-cash offer for their home from the Seattle-based real estate brokerage
by Patrick Kearns Sep 26
Dallas Texas at night
BHGRE Winans has launched the Flex Move program, a white-labeled version of the proprietary Offer Optimizer software from real estate tech startup zavvie
by Patrick Kearns Sep 16
Compass agent launches his own iBuyer platform
'It's just a way for me to add value to potential listing clients,' Jason Cassity told Inman
by Patrick Kearns Sep 13
IBuyer program RedfinNow expands to San Antonio
It's the 2nd Texas market it's expanded to this summer
by Marian McPherson Sep 5
Redfin opens new engineering hub in Texas
Citing the affordability of the Dallas area, and Frisco in particular, the techie brokerage is expanding with its first engineering office outside of the West Coast
by Patrick Kearns Jun 10