Category: ibuyer - Page 8 - Homes in the United States

Offerpad cutting more jobs in conjunction with $90M raise

By The Citizen on February 2, 2023

The struggling iBuyer confirms the company has laid off an unspecified number of employees, with more details coming on the Feb. 22 fourth-quarter earnings call. …

Offerpad buys more time with $90M raise as end of runway approaches

By The Citizen on February 1, 2023

Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say. Source:…

Compass went public 2 years ago. Can it recover from its stock slump?

By The Citizen on January 25, 2023

Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares…

Layoffs hit rent-to-own company Home Partners of America

By The Citizen on January 19, 2023

Layoffs come a week after the shutdown of RealSure, Home Partners’ iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management. …

Opendoor explores the possibilities of a move in new ad campaign

By The Citizen on January 19, 2023

The campaign dubbed “This is a Door” pays tribute to the unexpected possibilities that go along with turning a new chapter in life, such as…

Lower signs Opendoor as first mortgage platform customer

By The Citizen on January 17, 2023

Lower’s “mortgage as a service” platform lets brands offer digital-first mortgages through application programming interface and no-code solutions. Source: Inman News

After a near 90% fall, analytics firm sees Opendoor shares rising to $6

By The Citizen on January 12, 2023

A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching. Source:…

Compass faces first downturn amid pressure to cut costs

By The Citizen on January 11, 2023

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major…

Anywhere lays off more workers, announces end of RealSure iBuyer

By The Citizen on January 10, 2023

The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months…

Windermere debuts zavvie-powered comparison tool for sellers

By The Citizen on December 5, 2022

Windermere Offers will allow people working with the brokerage’s agents to compare various options for selling their homes. Source: Inman News

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