The line between iBuyer and brokerage is blurring
Opinion
Opendoor and Offerpad will now list homes directly. Ultimately, this new service, still in the early stages and not fully rolled out, represents a way for iBuyers to make money without having to actually buy houses
by Mike DelPrete Jun 11
Zillow is buying homes again in 6 more cities
The iBuyer platform is buying homes again in Atlanta, Dallas, San Antonio, Austin, San Diego and Sacramento
by Patrick Kearns Jun 9
Opendoor returns to homebuying in 5 more cities
The iBuyer is offering homeowners contact-free selling in Dallas-Fort Worth, Atlanta, Charlotte, Nashville and Tucson
by Patrick Kearns Jun 3
Zillow CEO Rich Barton: 'This crisis feels a lot different'
Barton discussed what he calls 'the great re-shuffling' Tuesday at Inman Connect Now
by Patrick Kearns Jun 2
First Offerpad wanted to buy your home. Now it wants to list your home
Consumers can now choose a direct, quick-close sale or a more traditional listing process. The move may rankle many in the real estate industry, who have long worried about technology companies moving into the space traditionally served by real estate agents
by Patrick Kearns Jun 1
Zillow returns to homebuying in 5 more markets
The company resumed buying homes through Zillow Offers last week following a nearly 2-month pause due to COVID-19
by Patrick Kearns May 27
Former surgeon general tapped to help Zillow safely buy homes again
The company is bringing on Regina Benjamin, the former US surgeon general, to consult on and develop new safety protocols as it returns to iBuying
by Patrick Kearns May 18
Is Zillow eyeing acquisitions with a new round of capital?
The company is seeking to raise $1B through stock and senior note offerings
by Patrick Kearns May 12
Zillow CEO: 'You're seeing years of technology progress get accelerated down into months'
Rich Barton highlighted how COVID-19 is greatly accelerating the need for technology transformation in the real estate industry on an earnings call
by Patrick Kearns May 7
Redfin, Zillow to resume iBuying
Redfin is returning to homebuying immediately, while Zillow says a return is likely within a few weeks
by Patrick Kearns May 7
Zillow hits $1.1B in revenue in Q1 as losses continue to grow
The full impact of the company's decision to halt homebuying in late March due to COVID-19 is not yet clear
by Patrick Kearns May 7
Massive new iBuyer report gives deep insight into Zillow, Opendoor
The 168-page report from Mike DelPrete takes a look at how the pandemic has impacted iBuyers and how they're positioned to thrive in an era of social distancing
by Patrick Kearns May 6
Opendoor layoffs are a retreat, not a defeat
Opinion
This tactical move is by no means a sign that iBuyers will fail. Opendoor’s deep pockets allow it to weather the current storm and remain intact (albeit smaller)
by Mike DelPrete Apr 16
Corral multiple iBuyer offers with new web app OfferBarn
Opinion
The president of a 200-agent boutique brokerage in Atlanta developed a solution for helping agents educate clients on the rise of iBuyers
by Craig C. Rowe Apr 10
The Real Word: Why iBuyers are pressing pause
Plus, what delayed mortgage payments could mean to homeowners and fact-based, reassuring content you can share with your network right now
by Byron Lazine Mar 27