Other industry leaders who landed top spots on the prestigious Swanepoel Power 200 ranking include eXp’s Glenn Sanford, Realogy’s Ryan Schneider and Compass’ Robert Reffkin. …
Posts published in “rich barton”
Real estate in 2021 was weird, wild and always unpredictable
By The Citizen on December 13, 2021
The year saw explosive rivalries, wild stock market performances and plenty of rage. Source: Inman News
Zillow stock rebounds on news of stock buyback, iBuyer selloff
By The Citizen on December 3, 2021
Zillow’s stock bounced back to the highest level in a month as the portal announced a stock buyback plan and its speedy progress on sunsetting…
Zillow close to unloading more than half of its iBuyer homes
By The Citizen on December 3, 2021
Real estate giant also announces $750 million stock buyback following the company’s stock price tumble after Zillow Offers shutdown. Source: Inman News
Zillow after Zillow Offers: Here’s what happens next
By The Citizen on November 4, 2021
Experts envision the company pivoting to the comparatively easier business of working with buyers after the failed experiment of scooping up homes from sellers. Source:…
These venture capitalists predicted Zillow Offers’ demise
By The Citizen on November 4, 2021
Opendoor co-founder Keith Rabois and “The Big Short” investor Steve Eisman predicted the end of Zillow Offers as soon as it began. What did they…
Zillow Offers collapse is proof of the Zestimate’s inaccuracy
By The Citizen on November 4, 2021
Zillow’s decision to shut down its iBuyer is more than just a response to volatility of the Zestimate, but an indication technology can’t solve everything. …
Zillow was outsmarted by the market
By The Citizen on November 3, 2021
Access to too much capital often blurs good real estate investor judgment. Over-leveraged investors can easily lose everything. Source: Inman News
The Zestimate comes back to bite: Reactions to the end of Zillow Offers
By The Citizen on November 3, 2021
Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to…
Zillow sees revenue tick up as tension mounts over iBuyer fallout
By The Citizen on November 2, 2021
The popular portal raked in $1.7 billion during the third quarter of 2021, though it also lost $328 million — much of it from iBuying. …