From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market. Source:…
Posts published in “ibuying”
Zillow’s new listing policy: Punishment disguised as fairness
By The Citizen on April 11, 2025
Darryl Davis outlines the way Zillow’s actions and policies are designed for its own benefit, not for the benefit of sellers or real estate professionals. …
Rentals, tech and efficiency drive real estate’s Q4 earnings
By The Citizen on February 27, 2025
Real estate brokerage Q4 earnings winners surged ahead by betting on rentals, AI-driven efficiencies and streamlined operations. Source: Inman News
Opendoor saw rising losses in Q4, but managed to boost revenue
By The Citizen on February 27, 2025
The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025…
Stay tuned: The tumult of 2024 leaves real estate on a cliffhanger
By The Citizen on December 23, 2024
What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that’s certain is that real estate’s next…
Tim Heyl on Homeward’s power buyer pivot in a high-rate cycle
By The Citizen on September 9, 2024
The power buyer CEO also weighs in on whether traditional iBuyers will ever see their Goldilocks moment and turn a regular profit. Source: Inman News
Offerpad gets new CFO as stock hovers near record low
By The Citizen on May 24, 2024
Peter Knag joins the company in the middle of a rough real estate market, and when iBuying specifically appears to have lost some of its…
Opendoor revenue dips and losses rise amid Q1 transaction slump
By The Citizen on May 2, 2024
Opendoor drew $1.2 billion in revenue between January and March, according to first-quarter earnings data released Thursday. The new numbers reflect a tough market, but…
Opendoor’s partnership with eXp officially goes live
By The Citizen on February 29, 2024
The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents. Source: Inman News
Opendoor posts significant decline in revenue but narrows losses in Q4
By The Citizen on February 15, 2024
In an earnings report Thursday afternoon, Opendoor CEO Carrie Wheeler struck an optimistic tone and pointed to the “potential for a more normalized macro backdrop”…