A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said…
Posts published in “ibuying”
Startup iBuyer Flyhomes expands to Austin, Dallas and Houston
By The Citizen on September 22, 2021
In addition to three new Texas markets, the company operates in Seattle, Boston, Portland, the Bay Area and Southern California. Source: Inman News
Opendoor launches self-guided virtual walk-throughs for sellers
By The Citizen on August 26, 2021
Homesellers using Opendoor can now complete their interior home inspection through uploaded videos and photos, according to a company announcement on Tuesday. Source: Inman News
Keller Williams Pres. Marc King on a hot market, iBuying and that IPO
By The Citizen on August 23, 2021
Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he’s confident that real estate agents…
Keller Williams hires former eXp, Zillow exec to oversee iBuying
By The Citizen on August 19, 2021
Raymond “RJ” Jones will spearhead both Keller Offers, the company’s iBuying program, and Keller Manage, a soon-to-launch program that’ll provide home maintenance services. Source: Inman…
Offerpad posts first profitable quarter ahead of public offering
By The Citizen on August 18, 2021
The Arizona-based iBuyer took in $376.8 million in revenue during Q2 2021, and its net income grew to $9.2 million, giving the company its first…
Opendoor reports $1.2B in revenue, beats expectations in Q2
By The Citizen on August 11, 2021
The iBuyer also experienced a loss of $144 million between April and June and sold a total of 3,481 homes. Source: Inman News
IBuyers are paying above market — and reselling for more: Mike DelPrete
By The Citizen on August 11, 2021
Home prices are rising across the U.S., and iBuyers, led by Opendoor, Zillow and Offerpad, are paying record-high, above-market values for the homes they’re buying,…
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
By The Citizen on August 5, 2021
The company’s net income between April and June clocked in at $10 million — better than one year ago but short of the heights of…
Huge number of homeowners willing to consider an iBuyer: Poll
By The Citizen on July 28, 2021
The vast majority of respondents to a 1000watt survey — 82 percent — said they either were more likely to trust information from Zillow than…