Zillow Offers lands in Miami with future plans to buy condos

Zillow Offers is officially live in South Florida. Starting Monday, sellers in Fort Lauderdale, Miami and other parts of South Florida can get a free, all-cash offer from Zillow.

Is realtor.com becoming irrelevant?

With no iBuyer strategy, yet many options, realtor.com is falling further behind in delivering value to both consumers and agents. Here’s why.

Offerpad to finance Keller Williams’ homebuying operation

Offerpad will provide the homebuying capital behind Keller Offers in 12 markets, giving KW agents a chance to rep both sides of a sales transaction for the iBuyer.

The top 5 takeaways from the real estate industry’s Q2 earnings

Zillow business shifts, Wall Street’s thoughts on profitability and a slow housing market were the biggest topics over the past two weeks.

IBuyers cost sellers up to 15% of a home’s value, study finds

Market analytics firm Collateral Analytics puts hard numbers on the much-debated costs of using iBuyers to sell a home.

Zillow is still losing money on every home it sells – but not as much as it was 6 months ago

Zillow lost, on average, $2,916 on each home it sold in the second quarter of 2019 after interest payments, earnings data shows.

Zillow announces new iBuyer markets as revenue soars 84%

The Seattle-based real estate tech giant also reported an overall net loss of $71.9 million in the second quarter of 2019.

Zillow Offers expands to Nashville

The Tennessee city marks the 15th market for the rapidly growing all-cash home offer platform.

WATCH: Why iBuyers might not be public enemy No. 1 after all

The industry is so big that, even at a 5 percent market share, the presence of iBuyers will be small, NRT CEO Ryan Gorman told attendees at ICLV.

Zillow’s competitive advantage? ‘Sustained unprofitability’

Real estate analyst Mike DelPrete argued during an Inman Connect panel on Wednesday that “red is the new black.”