Opendoor co-founder Keith Rabois and “The Big Short” investor Steve Eisman predicted the end of Zillow Offers as soon as it began. What did they…
Posts published in “ibuyers”
On Tuesday, Zillow announced that it would shutter Zillow Offers, its embattled iBuyer program. With plans to unload 7,000 homes at an estimated $2.8 billion,…
The news comes weeks after the company announced a pause in its iBuying and follows reports it was underpricing homes in a number of cities. …
Users of realtor.com will now be able to see a preliminary offer from Opendoor in real time via the search portal’s My Home dashboard, it…
Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to…
In a Securities and Exchange Commission filing on Oct. 4, Opendoor revealed it has entered into an amended mezzanine debt facility with a $3 billion…
“All those in favor of expropriating every house that Zillow owns, say aye,” tweeted one American as Berlin’s vote to seize 240,000 apartments rippled across…