The iBuyer’s revenues were down year over year, but up compared to the end of 2020. The company is also nearing completion of a merger that will allow it to begin publicly selling shares.
Source: Inman News
Offerpad sees dip in revenue as it preps for public debut
Published in Brian Bair, earnings, earnings report, ibuyer, ibuying, Markets & Economy, offerpad, opendoor, Select, spencer rascoff and Technology
More from Brian BairMore posts in Brian Bair »
- Offerpad narrows Q4 loss, expects to be back in black later this year
- Real estate CEOs: Big changes from bombshell suits ‘improbable’
- Offerpad scoops up more homes in Q2 as path to profitability emerges
- Offerpad executes 1-for-15 reverse stock split to head off delisting
- Offerpad narrows losses despite another quarter of falling revenue
More from earningsMore posts in earnings »
- Better hiring real estate agents to originate mortgages in 26 states
- Fathom Realty added 1,425 agents after raising fees last year
- Title technology provider Doma posts $124M 2023 net loss
- Guild Mortgage shrugs off 2023 loss as it pursues acquisitions
- LoanDepot trims 2023 net loss by 37%, retains ‘strong liquidity profile’
More from earnings reportMore posts in earnings report »
- Compass lifts agent count in Q4 but falls short of positive cash flow
- Blend now focused on growth in quest to return to profitability
- RE/MAX sees revenue decline for 5th consecutive quarter
- Opendoor can’t hang on to profitability as Q3 revenue craters
- Zillow sees losses rise in Q2 thanks to ‘tough’ market
More from ibuyerMore posts in ibuyer »
- Opendoor’s partnership with eXp officially goes live
- Offerpad narrows Q4 loss, expects to be back in black later this year
- Opendoor posts significant decline in revenue but narrows losses in Q4
- Flyhomes announces 3rd round of layoffs since 2022
- Opendoor founder Eric Wu leaving company to focus on startups
More from ibuyingMore posts in ibuying »
- Opendoor’s partnership with eXp officially goes live
- Opendoor posts significant decline in revenue but narrows losses in Q4
- Zillow reappoints venture capitalist Bill Gurley to board
- Opendoor founder Eric Wu leaving company to focus on startups
- Opendoor to double the number of homes it buys each month: CEO
More from Markets & EconomyMore posts in Markets & Economy »
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Floridians grapple with insurance changes as hurricane season nears
- Coastal cities lead as single-family rent growth soars to 10-month high
- Homebuyers emboldened in wake of $418M NAR settlement: Intel poll
- How accessible is your business for people with disabilities?
More from offerpadMore posts in offerpad »
- The biggest wins, losses and news from Q4 2023 earnings
- Opendoor’s partnership with eXp officially goes live
- Offerpad narrows Q4 loss, expects to be back in black later this year
- Real estate CEOs: Big changes from bombshell suits ‘improbable’
- Opendoor can’t hang on to profitability as Q3 revenue craters
More from opendoorMore posts in opendoor »
More from SelectMore posts in Select »
- Industry gets some clarity on mortgage commission rules
- Ex-HGTV star convicted of fraud sentenced to 4 years in prison
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Bye bye bye: Leave your team — without losing your connections
- Floridians grapple with insurance changes as hurricane season nears
More from spencer rascoffMore posts in spencer rascoff »
- Pacaso is now offering shares in homes for as little as $130K
- Pacaso, Serena & Lily offer luxury listing along Florida’s ’30A’
- Zillow’s Spencer Rascoff launches AI personal assistant heyLibby
- Property investing is so hard, even Spencer Rascoff steers clear of it
- Offerpad executes 1-for-15 reverse stock split to head off delisting
More from TechnologyMore posts in Technology »
- Reliance helps South Dakota’s oldest brokerage embrace the new
- Big Tech loses its appetite for office space, adding to landlord woes
- Agents feel the pain as BoomTown outage extends into another week
- BoomTown is dealing with a service outage. Now agents want answers
- HappyCo unveils joyful AI solution for multifamily property managers
Be First to Comment