Opendoor will now let any builder sell new homes through its ‘trade-up’ program

Opendoor will extend its home trade-up program beyond its pilot program with Lennar to all builders, the iBuyer announced Wednesday. Customers for this program visit a homebuilder office, find a home from a builder that they want to move into right awa…

OfferPad raises $150 million in equity and debt

OfferPad raised $50 million in equity financing led by the private equity firm LL Funds, a returning OfferPad investor, and $100 million of debt financing through an extension of OfferPad’s existing credit facilities. OfferPad raised this funding durin…

How agents are reacting to the iBuyer wars

Zillow may as well have declared war on iBuyers when it announced it would start buying and selling homes on its own. The intense competition between Zillow, Opendoor and OfferPad has agents paying close attention.

OfferPad cuts ties with Zillow over Instant Offers expansion

OfferPad says it was not given any advance warning from Zillow ahead of Zillow’s move to expand Instant Offers by becoming an investor/homebuyer and seller in its own right.

Capital Connect NY 18: Playing the disruption long game

Purplebricks, Knock and Opendoor are three disruptors that have a way of stirring things up in real estate. What do these companies have planned for agents and consumers? How do their business models work? What’s in store for the future …

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 …

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 …

Knock announces new home trade-in model and expansion to 10 cities

Knock wants to do more than guarantee market price when they sell your home. The iBuyer will list your old home and buy your new one in a home trade-in …

Who in their right mind would sell to an iBuyer?

SAN FRANCISCO — Why would homesellers choose to pay a high commission while running the risk of selling their home at a discount? Or to ask the question another way: Who would choose to use an “iBuyer?” …

Knock brings former Yelp marketing VP on board

Knock, an Opendoor competitor and consumer end-to-end platform that promises to sell homes within six weeks or buy the home for market value, announced the hiring of former Yelp VP of International Marketing Colleen Curtis and QuickAd founding team mem…