Category: Zillow Offers - Page 8 - Homes in the United States

Opendoor plans to hire nearly 100 tech engineers in Canada

By The Citizen on November 2, 2021

The new team members will be based in Toronto and will work on financial platforms and technology infrastructure. Source: Inman News

What to Watch for: Zillow’s Q3 2021 earnings results

By The Citizen on November 2, 2021

With Zillow Offers woes and souring public opinion at their backs, Zillow has a few headwinds heading into Q3 earnings on Tuesday. Here are four…

Zillow shooting for 7,000 home sales at $2.8B after iBuying pause

By The Citizen on November 2, 2021

The news comes weeks after the company announced a pause in its iBuying and follows reports it was underpricing homes in a number of cities. …

As Zillow pumps brakes on buying, other stunned iBuyers forge ahead

By The Citizen on October 18, 2021

Zillow says it’s facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow’s abrupt pause, say they aren’t suffering from the same…

Zillow hits brakes on buying new homes for remainder of 2021

By The Citizen on October 18, 2021

Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to…

Opendoor boosts homebuying power with $9B borrowing limit

By The Citizen on October 7, 2021

In a Securities and Exchange Commission filing on Oct. 4, Opendoor revealed it has entered into an amended mezzanine debt facility with a $3 billion…

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

By The Citizen on September 23, 2021

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said…

Zillow rakes in $1.3B revenue in second quarter, but sees profits slip

By The Citizen on August 5, 2021

The company’s net income between April and June clocked in at $10 million — better than one year ago but short of the heights of…

IBuyer offers are clocking in at an average of 104% of market value

By The Citizen on July 29, 2021

Amid a highly competitive market in the first half of 2021, iBuyers began making more competitive offers and expanding the range of homes they were…

Connecting with Veronica Figueroa: Our new normal demands world-class service

By The Citizen on June 9, 2021

Ahead of Inman Connect, the eXp Realty team leader says agents have the chance to offer service that keeps clients coming back. Source: Inman News

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