Offerpad backer Spencer Rascoff thinks iBuying will survive without Zillow, but emerging companies need a better name for their services. Source: Inman News
Posts published in “ibuying”
Zillow Offers is dead. But Zillow (and iBuying) is here to stay
By The Citizen on November 16, 2021
At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what “Zillow 3.0”…
Los Angeles wants to ban iBuying
By The Citizen on November 13, 2021
Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Source: Inman…
RedfinNow meets 30-market milestone with Twin Cities launch
By The Citizen on November 12, 2021
Starting Friday, homeowners in Minneapolis and St. Paul can request an all-cash offer through RedfinNow. This is the 12th market RedfinNow has added this year. …
Multiple law firms investigating Zillow for potential securities fraud
By The Citizen on November 12, 2021
The investigations — which are relatively common after a company discloses very bad news — are a response to Zillow’s announcement that it will end…
Seasonality is back, iBuying is alive, and other big earnings takeaways
By The Citizen on November 11, 2021
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of…
Zillow or not, Opendoor revenue skyrockets 91% to $2.3B in Q3
By The Citizen on November 10, 2021
IBuying giant Opendoor posts another solid quarter as the coronavirus-induced boom in housing demand pushed the company’s revenue to new highs. Source: Inman News
EXp founder Glenn Sanford: ‘Zillow turned their tail and ran’
By The Citizen on November 10, 2021
Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying. Source: Inman News
EXp founder Glenn Sanford: ‘Zillow turned their tail and ran’
By The Citizen on November 10, 2021
Glenn Sanford made the comment while on stage at EXPCON about a week after Zillow revealed plans to abandon iBuying. Source: Inman News
EXp Realty CEO Jason Gesing on why eXp is growing so rapidly
By The Citizen on November 10, 2021
EXp CEO Jason Gesing also told Inman that franchising may see waning popularity, while iBuying is likely to remain a niche offering. Source: Inman News