Zillow Offers listings grow, surpassing Offerpad, gaining on Opendoor

In a little more than a year, Zillow Offers has quickly expanded to 11 markets nationwide, and the number of homes it has listed for sale at any given time is rising rapidly, catching up to other major rival “iBuyers” and even exceeding them in some ca…

Real estate is at a ‘tipping point,’ analyst says

Traditional models shouldn’t be fully counted out, but they need to change, according to John Campbell. He’s downgraded Realogy’s target share price from $16 per share to $8 per share and lowered RE/MAX’s target stock price from $45 per share to $37 pe…

Where do SoftBank’s struggles leave Opendoor, Compass and real estate tech?

The Vision Fund’s commitment to real estate remains intact, according to a person familiar with its thinking. By the fund’s estimation, it’s still early innings for industry disruption, the person said.

Offerpad hires Zillow vet, promises cash offers within 1 hour

Offerpad, the Arizona-based online fast homebuying and reselling company, announced Wednesday that it has hired Bryan LaFranchi to lead its program in which homesellers can get all cash for their old properties and put the money toward the purchase of a newly-built home. 

Zillow’s way or the highway?

IBuyer expert and real estate analyst Mike DelPrete explains how market incumbents are stepping up their game to adapt to a shifting business landscape ahead of Inman Connect Las Vegas on July 22-26.

Opendoor CEO used scholarship cash to become big landlord

CNBC profile explored the personal experiences that led Eric Wu to found Opendoor, an iBuyer based in San Francisco valued at $3.8 billion.

Opendoor sued for trademark infringement over its mortgage brokerage

Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with the United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in Austin and has 315 employees, according to its website. 

Zillow will buy and sell homes in LA, Austin, San Diego and more

Zillow announced on Thursday it’s expanding its direct-to-consumer homebuying and selling platform known as Zillow Offers to Austin, Los Angeles, Sacramento, San Antonio, San Diego and Tampa within the next year. 

Indie brokerage launches unconventional iBuyer program

Texas-based brokerage JP & Associates Realtors announced Tuesday it has teamed up with a tech company to launch an agent-centric cash offer program.

8z Real Estate is latest brokerage to jump into the iBuyer business

Colorado-based real estate brokerage 8z Real Estate is the latest to offer a direct-to-consumer home buying and selling platform, known as an “iBuyer.”