Christy Schwartz, the iBuyer’s longtime chief accounting officer, was named interim CFO. She’ll replace Selim Freiha, who served as CFO for less than a year. …
Posts published in “ibuying”
Opendoor’s resurrection: Will there be an iBuyer afterlife?
By The Citizen on September 17, 2025
The old paradigm of iBuying is over, Revaluate’s Chris Drayer writes. Whatever happens next may put real estate agents back at the center of the…
Opendoor announces new CEO: Shopify’s Kaz Nejatian
By The Citizen on September 10, 2025
Nejatian has a background as a lawyer, and most recently helped build teams and products at Shopify since 2019. His appointment follows Carrie Wheeler’s resignation…
Next question for Opendoor: ‘Kill agent partnership,’ or work with real estate pros?
By The Citizen on August 22, 2025
After a stock rally and CEO ouster, investors are turning their attention to what’s next for Opendoor. Some say the company must work with agents.…
He started the Opendoor stock rally. Now he wants the CEO out
By The Citizen on August 13, 2025
Investor Eric Jackson takes credit for leading retail investors to buy a stock that was worth 51 cents a month ago. Next, he wants to…
‘Meme stock’ surge lifts Opendoor out of delisting danger zone
By The Citizen on August 1, 2025
While shares in rival iBuyer Offerpad also went on a rollercoaster ride in July, the company’s market capitalization remains below the New York Stock Exchange’s…
Opendoor reaches $39M settlement in pricing algorithm suit
By The Citizen on June 17, 2025
IBuyer Opendoor on Friday agreed to pay $39 million to settle a federal securities class-action suit that accused the real estate tech company of misleading…
Compass CEO Reffkin continues anti-Zillow social media blitz
By The Citizen on June 13, 2025
Compass CEO Robert Reffkin has taken to Instagram and LinkedIn to further criticize Zillow’s listing ban, saying the portal has leveraged off-market business tactics to…
Opendoor sheds more employees following Nasdaq delisting threat
By The Citizen on June 12, 2025
After posting losses in 16 of the past 18 quarters, Opendoor implemented the latest in a string of layoffs on Wednesday, primarily on the iBuyer’s…
Opendoor planning reverse stock split in face of delisting threat
By The Citizen on June 7, 2025
Shares in the iBuyer have traded for as little as $0.58 on the Nasdaq in recent days — well below the $1 threshold companies must…