The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. …
Posts published in “ibuying”
Zillow expands ‘post-pay’ Premier Agent model to 2 new markets
By The Citizen on May 26, 2023
The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a…
Zillow appoints new CFO amid push to build ‘housing super app’
By The Citizen on May 18, 2023
Jeremy Hofmann has played a key role in the super app push so far and also oversaw Zillow’s acquisition of ShowingTime, the company said. Source:…
Opendoor CEO Carrie Wheeler on Q1 earnings and the iBuyer’s future
By The Citizen on May 5, 2023
The chief executive of the largest iBuyer spoke to Inman about Opendoor’s first-quarter earnings on Thursday — and expectations that the company is turning a…
Opendoor avoids epic 2022 losses in Q1, but revenue remains down
By The Citizen on May 4, 2023
The iBuying giant saw revenue dip 39 percent year over year at the beginning of 2023, according to a Q1 earnings call Thursday. It also…
Zillow, Redfin go head-to-head with new ChatGPT plugins
By The Citizen on May 3, 2023
The plugins will allow users to employ conversational language to ask the chatbot details about specific listings and the kinds of homes they seek to…
Zillow begins ‘critical’ year with mounting losses, falling Q1 revenue
By The Citizen on May 3, 2023
Zillow brought in $469 million in revenue, according to an earnings call Wednesday, falling 13 percent from the $536 million it brought in a year…
Eyes on inventory as Q1 earnings ramp up following a chilling 2022
By The Citizen on May 3, 2023
Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he’ll be watching as publicly traded real estate companies post Q1…
Opendoor and Zillow expand partnership into 3 new markets
By The Citizen on March 15, 2023
The firms said they would expand into Houston, Phoenix and Dallas. The expansion follows the group’s February announcement that they would offer their joint service…
The message is blunt: Real estate leaders anticipate a tough 2023
By The Citizen on March 8, 2023
Inman’s first-ever Intel leadership survey revealed that leaders think the market will be worse in 2023 compared to 2022 — but they also expect to thrive…