CHICAGO — Both the outgoing and incoming CEOs of Coldwell Banker agreed Thursday that iBuying will be a “small component” of the real estate marketplace…
Posts published in “ibuying”
IBuying giant Opendoor acquires title and escrow company
By The Citizen on September 5, 2019
Opendoor believes that by acquiring OS National it will be able to provide consumers the “most streamlined and easiest closing experience.” Source: Inman News
How serious are Zillow and Redfin about iBuying?
By The Citizen on September 3, 2019
Zillow’s entry was in part a response to an existential threat to its business model, and much of the value it might derive is not…
iBuying giant Opendoor to begin offering home loans
By The Citizen on August 29, 2019
iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate…
Big swaths of the Bay Area saw home prices decline this year
By The Citizen on August 23, 2019
A new report from Compass shows that after strong appreciation in 2017 and 2018, home prices in places such as Sonoma and Santa Clara counties…
Is realtor.com becoming irrelevant?
By The Citizen on August 15, 2019
With no iBuyer strategy, yet many options, realtor.com is falling further behind in delivering value to both consumers and agents. Here’s why. Source: Inman News
Opendoor will expand into Salt Lake City, Boise and St. Louis
By The Citizen on August 6, 2019
The iBuyer plans to make offers on homes in Salt Lake City and Boise later this year, followed by St. Louis in 2020, the company…
Consumers demand convenience and transparency in closings
By The Citizen on July 26, 2019
Everyone involved in a real estate transaction is on the hook to create a better, more convenient closing process, one industry leader argued Friday. Source:…
Redfin CEO Glenn Kelman on Zillow, iBuyers and more
By The Citizen on July 24, 2019
Describing Zillow as “Godzilla,” Kelman also conceded that Redfin’s iBuying program will never grow to 50 percent of the market. Source: Inman News
Zillow’s Zestimate now uses photos when valuing homes
By The Citizen on June 27, 2019
The update relies on AI neural networks that can judge things like finishes and curb appeal. Source: Inman News