Knock expands to Charlotte and already has a ticker for IPO in 2020

Knock is making good on its expansion promises and getting ready for an IPO in 2020. The iBuyer expanded to its second city and reserved its NYSE ticker …

The plan for Opendoor? Vertical integration and more

Opendoor’s future involves vertical integration, international expansion and maybe an IPO, CEO Eric Wu said in an interview earlier this month. Wu shared some insights into his fast-growing company in a Facebook Live interview with Inman moderated by RealScout CEO Andrew Flachner …

ICNY 18: The iBuyers are coming for real estate

Heavily-funded, tech-driven investors that make quick offers on homes and close in days are among the latest startups raising eyebrows in the real estate industry. And they’re betting that the promise of fast and easy transactions will help them overtake traditional real estate brands — soon …

Is Opendoor testing a new listing brokerage service?

If the Yelp review is authentic, Opendoor’s test suggests the company is willing to explore a new business model that doesn’t see it buy homes …

OfferPad launches Uber-like ‘Agent-on-Demand’

Buyers will soon be able to use their smartphones to access Phoenix listings owned by OfferPad, an “iBuyer” that uses technology to quickly buy and resell homes …

7 reasons instant home purchase offers aren’t good for sellers

Sue stood in her parents’ San Diego garage, overwhelmed by the years of stuff they’d accumulated and the volume of repairs needed. Add to that the fact that she lived out of state. This sale wasn’t going to be easy …

Redfin first brokerage to launch Opendoor competitor

Redfin is testing a new program that allows homeowners to sell a property to Redfin for as little as a 7 percent commission. The high-tech Seattle-based brokerage revealed the service, called “Redfin Now,” in a recent filing for an IPO of $100 million …

From this moment on, nothing will be the same in real estate

The thick tension around recent announcements speaks volumes to their heft. Only when something is truly disruptive or threatening do people flip out. A major industry firestorm is raging since Zillow launched Instant Offers, like nothing I have seen i…