Zillow cancels 400 Zillow Offers contracts due to closing restraints
Hundreds of sellers awaiting new builds will have to sell their homes another way after Zillow canceled contracts for closings set for late 2022 through its defunct iBuyer, Zillow Offers
by Marian McPherson Nov 30
Zillow Offers' demise 'attributable to internal factors,' report claims
Zavvie has found that both iBuyers and Power Buyers are seeing explosive growth — suggesting Zillow's recent moves don't reflect weakness in the iBuying concept
by Jim Dalrymple II Nov 30
The case for reinvention: Why agents should always be adapting
Opinion
The shuttering of Zillow Offers is a good lesson in reinvention for all agents. As consumer expectations change, agents need to adapt and add value to stay ahead of the competition
by Jeff Glover Nov 25
'IBuyers have never been bigger': Mike DelPrete
Opinion
Seasonality and the Zillow exit will certainly impact this, but for the time being, iBuyers are at an all-time high, with Opendoor leading the pack
by Mike DelPrete Nov 17
Homeward kicks off 20-market expansion effort in Phoenix
Fintech platform Homeward has launched its largest expansion effort since 2019. The company already launched in Phoenix with the goal of being in 20 new markets by the end of 2022
by Marian McPherson Nov 17
Zillow Offers is dead. But Zillow (and iBuying) is here to stay
At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what 'Zillow 3.0' could look like
by Marian McPherson Nov 16
Multiple law firms investigating Zillow for potential securities fraud
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow's announcement that it will end its iBuying business
by Jim Dalrymple II Nov 12
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
Offerpad sees surging growth in Q3 across revenue, profits, homes sold
CEO Brian Bair offered reassurance in the wake of Zillow's iBuying exit that Offerpad's business model is working
by Lillian Dickerson Nov 10
EXp founder Glenn Sanford: 'Zillow turned their tail and ran'
Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying
by Jim Dalrymple II Nov 10
Zillow offloads 2,000 homes to New York City investment firm: Report
Pretium Partners has agreed to buy some of Zillow's homes as the listings portal exits the iBuyer business, The Wall Street Journal reports
by Daniel Houston Nov 10
Zillow raced to catch up with Opendoor in a secret initiative called ‘Project Ketchup’: Report
Zillow may have damaged relationships with repair contractors in its race to gain market share from rival iBuyers, Business Insider reports
by Daniel Houston Nov 9
Coldwell Banker Bain acquired by Houston title insurance company
Coldwell Banker Bain chair Bill Riss has sold his majority interest in the company to US RES Holdco, an affiliate of Houston title insurance company Stewart Information Services
EXp's Glenn Sanford on iBuying, the metaverse, stocks and more
Ahead of eXp's EXPCON event, Sanford also discussed agent compensation and his company's latest earnings results
by Jim Dalrymple II Nov 9
From crypto to Zillow: 5 key issues to watch at eXp's conference
EXp has managed to place itself at the forefront of numerous real estate trends. Its first companywide event since the pandemic may offer hints at where it's going in the future
by Jim Dalrymple II Nov 9