IBuyers, Power Buyers saw explosive growth in 2021. What about 2022?
Services promising a more streamlined, less painful transaction experience have become more popular and are likely to stick around, according to a new report released Tuesday from zavvie
by Jim Dalrymple II Jun 7
Market shifts, rate hikes and why real estate stocks can't get a break
As real estate enters what one observer called a 'Wile E. Coyote' moment, real estate companies’ share prices continue to struggle amid market uncertainty
by Jim Dalrymple II May 30
Zillow turns a profit in Q1 as housing market gets 'choppy'
The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days
by Jim Dalrymple II May 5
Realogy CEO Ryan Schneider: Make no mistake, 'Zillow is a competitor'
Ryan Schneider said Zillow is competing with agents and lamented they're still writing checks to the company. 'It is a shame our industry let those companies get created,' Schneider said at ICNY
by Jim Dalrymple II Apr 20
Susan Daimler at Inman Connect
Susan Daimler said Zillow is 'bullish on its partnership' with the agent community, and defended Zillow's model against criticism from rivals such as CoStar
by Jim Dalrymple II Apr 19
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
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
Redfin revenue soars 163%, even as losses return in Q4
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
by Jim Dalrymple II Feb 17
Zillow's 'audacious' plan? Double Premier Agent business by 2025
Opinion
After shuttering Zillow Offers, the company is going back to its agent lead gen roots, according to Mike DelPrete. It's looking for an additional $1.5B to be paid by real estate agents
by Mike DelPrete Feb 14
Zillow revenue soars, losses deepen in Q4 amid fast-moving iBuying exit
Zillow's now-shuttering iBuyer business sent revenue soaring, but also significantly amplified losses during the final months of 2021
by Jim Dalrymple II Feb 10
What to watch for in Zillow's first post-iBuyer earnings report
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
by Jim Dalrymple II Feb 10
'IBuyer market share soars in 2021': Mike DelPrete
Opinion
Despite some setbacks, 2021 was a massive year for iBuyers, with more houses bought and sold by the platforms than ever before
by Mike DelPrete Feb 4
Move Inc. sees revenue uptick fueled by lead gen and referral businesses
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
by Jim Dalrymple II Feb 3
How to make sense of iBuying in 2022, post-Zillow
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
by Jim Dalrymple II Feb 2
Join us throughout February for iBuyer month at Inman
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
by Inman Feb 1