In an investors call, Rich Barton laid out plans to cut 25% of quarterly expenses by pausing hiring, cutting marketing, halting homebuying and reducing discretionary spending
Zillow CEO Rich Barton cited safety concerns and said the company plans to fully resume iBuying once health concerns pass
A spokesperson for the iBuyer said the company's priority is 'the safety and well-being of our customers, employees and the general public'
RedfinNow, the direct-to-consumer homebuying and selling platform, will not be buying homes for the near future, CEO Glenn Kelman confirmed in a letter to shareholders
DealHouse founder Chris Chiarenza waives buy-side commissions, gives listings back to referral agents and wants agents and iBuyers to cohabitate
The southwestern Ohio market is the 24th for Zillow's direct-to-consumer homebuying and selling platform
A change in Federal Deposit Insurance Corporation regulations will make it easier for iBuyers to enter markets in the North and South, according to home-value data platform Ownerly
Red Barn Real Estate CEO developed a web app for accumulating and comparing iBuyers, cash investors and open market transactions
Companies both old and new are racing to build platforms that handle more of the real estate transaction. Agents will have to adapt to survive
The company's revenue jumped 158% year-over-year — and other key takeaways from the company's latest earnings report
The company began by building a marketplace. Now it wants to go deeper
Paul Hurst, the vice president of venture investments at First American, advises that companies are more likely to get consumers to use affiliated services if they use W2 agents
The new Cash Close product is meant to make consumers more nimble and competitive and is the latest turn in HomeLight's evolution as a transaction streamlining company
Mike DelPrete maps the growth of tech-enabled real estate brokerages and iBuyers from 2018 to 2020 at Inman Connect in New York
Agents who use MoxiWorks' technology platform will soon be able to include a cash offer from the well-funded iBuyer startup Opendoor in their listing presentation