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
Zavvie expands reach to 52,000 more agents with new partnership
The iBuyer for brokerages announced on Monday its selection as a Preferred Alliance Program member of Berkshire Hathaway HomeServices and Real Living Real Estate
by Lillian Dickerson | Jun 8
Homesnap's Mazur: It's time for agents to go all in
In multiple talk tracks at Tech Connect, leaders in sales, fintech and proptech all agreed on one thing: The COVID-19 pandemic has totally changed how people market, sell and buy real estate
by Craig C. Rowe | Jun 4
Mike DelPrete: Don't call it a comeback (just yet)
Real estate tech strategist Mike DelPrete explains pre- and post-shelter-in-place market trends and how real estate agents can prepare for the future
by Marian McPherson | Jun 4
Glenn Kelman: Waves of migration, consolidation coming to real estate
The Redfin CEO said Wednesday the coronavirus pandemic is helping fuel changes in real estate imagery and consumer behavior
by Jim Dalrymple II | Jun 3
Trulia co-founder Pete Flint tells agents to 'lean into' transaction revolution
During Connect Now, Trulia co-founder and NFX Managing Partner Pete Flint explained what agents must do to stay relevant during the digital transaction revolution
by Marian McPherson | Jun 3
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
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
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
Offerpad fully resumes buying with safety certification
The company announced Wednesday its new safety procedures have been certified by HealthyVerify, a health safety organization
by Patrick Kearns | May 6
W+R Studios announces new virtual product Cloud CMA Live
A new version of the popular CMA creation tool integrates with video conference platforms for coronavirus-compliant listing presentations. There's also live markup and built-in objection handling
by Craig C. Rowe | May 5
Opendoor returns to homebuying with contact-free selling
The company is returning to Phoenix on May 4 and Raleigh-Durham on May 11 with 2 new platforms while updating its self-touring app for buyers
by Patrick Kearns | May 4
By the numbers: How hard has COVID-19 hit real estate?
It has already had a massive impact on our personal and professional lives. Now find out how COVID-19 is poised to continue transforming the real estate industry
by Christy Murdock Edgar | Apr 28
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
Zillow CEO: 'There's no coronavirus playbook'
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
by Patrick Kearns | Mar 24
Offerpad is the latest iBuyer to pause new home purchases
Following in the footsteps of Redfin, Zillow and Opendoor, Offerpad has temporarily stopped making offers on homes due to safety concerns, effectively putting an end to the purchasing side of nearly all iBuyers nationwide for the foreseeable future
by Patrick Kearns | Mar 23
Opendoor temporarily suspends homebuying, citing safety concerns
A spokesperson for the iBuyer said the company's priority is 'the safety and well-being of our customers, employees and the general public'
by Patrick Kearns | Mar 18
RedfinNow temporarily suspends homebuying amid market slump
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
by Patrick Kearns | Mar 18
How will iBuying fare in a world of social distancing?
Opinion
Today’s market environment will finally shine a light on how the iBuyer business model will react as consumer demand wanes, and there are certain recognizable advantages
by Mike DelPrete | Mar 18
What are the benefits and risks of alternative financing?
Find out what products real estate pros are using to help their buyers buy — and what to watch out for if you choose an alternative finance option
by Christy Murdock Edgar | Mar 17