Ahead of Inman Connect New York, Zillow’s president dished about the company’s goal to build a housing super app, its interest in power buyers and…
Posts published in “ibuying”
Spencer Rascoff is bullish on iBuying. Here’s why
By The Citizen on March 8, 2022
Ahead of Inman Connect New York, the former Zillow CEO and “serial entrepreneur” spoke about how he leads teams, the value of Pacaso, and why…
How real estate agents can work with Keller Offers
By The Citizen on February 28, 2022
Keller Williams’ entry into the iBuyer arena, Keller Offers, connects its agents with homesellers who want cash offers or need help optimizing their home’s value…
Opendoor revenue rises more than 1,400% in Q4, but losses mount too
By The Citizen on February 24, 2022
The iBuying giant earned $3.8 billion in revenue between October and December last year. The latest numbers highlight the uniqueness of Opendoor’s growth strategy. Source:…
Offerpad turns a profit and tallies a revenue spike in Q4
By The Citizen on February 23, 2022
The company earned a profit of nearly $13 million during the final three months of 2021 while also handily beating revenue forecasts, according to a…
Redfin revenue soars 163%, even as losses return in Q4
By The Citizen on February 17, 2022
The company’s revenue jumped between October and December, handily beating analysts’ expectations. But Redfin also suffered a loss of $27 million, according to an earnings…
Redfin CEO: ‘We probably waited too long to build a national brand’
By The Citizen on February 17, 2022
During Inman Connect Now, Redfin CEO Glenn Kelman also noted that there is pressure on real estate agent commissions right now and expressed support for…
Zillow revenue soars, losses deepen in Q4 amid fast-moving iBuying exit
By The Citizen on February 10, 2022
Zillow’s now-shuttering iBuyer business sent revenue soaring, but also significantly amplified losses during the final months of 2021. Source: Inman News
What to watch for in Zillow’s first post-iBuyer earnings report
By The Citizen on February 10, 2022
Zillow’s last earnings report included news that Zillow Offers would shut down. Three months later, observers are waiting for the next pivot. Source: Inman News
Move Inc. sees revenue uptick fueled by lead gen and referral businesses
By The Citizen on February 3, 2022
Realtor.com parent Move Inc.’s revenue rose 9 percent year over year, which was less than the gains the company saw during the previous two quarters,…