The company announced Tuesday it’s seeking to raise $1 billion through stock and senior note offerings. Source: Inman News
Posts published in “Zillow Offers”
Zillow CEO: ‘You’re seeing years of technology progress get accelerated down into months’
By The Citizen on May 7, 2020
Rich Barton highlighted how COVID-19 is greatly accelerating the need for technology transformation in the real estate industry on an earnings call. Source: Inman News
Redfin, Zillow to resume iBuying
By The Citizen on May 7, 2020
Redfin is returning to homebuying immediately, while Zillow says a return is likely within a few weeks. Source: Inman News
Zillow hits $1.1B in revenue in Q1 as losses continue to grow
By The Citizen on May 7, 2020
The full impact of the company’s decision to halt homebuying in late March due to COVID-19 is not yet clear. Source: Inman News
Massive new iBuyer report gives deep insight into Zillow, Opendoor
By The Citizen on May 6, 2020
The 168-page report from Mike DelPrete takes a look at how the pandemic has impacted iBuyers and how they’re positioned to thrive in an era…
Opendoor layoffs are a retreat, not a defeat
By The Citizen on April 16, 2020
Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it…
Corral multiple iBuyer offers with new web app OfferBarn
By The Citizen on April 10, 2020
The president of a 200-agent boutique brokerage in Atlanta developed a solution for helping agents educate clients on the rise of iBuyers. Source: Inman News
The Real Word: Why iBuyers are pressing pause
By The Citizen on March 27, 2020
Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss delayed mortgage payments and iBuyers’ decision…
Zillow suspends homebuying in all 24 Zillow Offers markets
By The Citizen on March 23, 2020
Zillow CEO Rich Barton cited safety concerns and said the company plans to fully resume iBuying once health concerns pass. Source: Inman News
Opendoor temporarily suspends homebuying, citing safety concerns
By The Citizen on March 19, 2020
A spokesperson for the iBuyer said the company’s priority is “the safety and well-being of our customers, employees and the general public.” Source: Inman News