The company’s CEO Brian Bair was able to offer shareholders reassurance in the wake of Zillow’s iBuying flop by providing hard data to show that Offerpad’s business model is working.
Source: Inman News
Offerpad sees surging growth in Q3 across revenue, profits, homes sold
More from Brian BairMore posts in Brian Bair »
- Offerpad sees declining revenue, but trims losses during Q2
- IBuyer Offerpad cuts Q1 loss and boosts acquisitions as sales fall
- Offerpad losses mount as iBuyer acquires and sells fewer homes
- Impact of NAR’s commission rule change illuminated in Q3 earnings
- Offerpad dialed back its iBuyer acquisitions by 49% in Q3
More from earnings callsMore posts in earnings calls »
More from ibuyerMore posts in ibuyer »
More from Industry NewsMore posts in Industry News »
More from Markets & EconomyMore posts in Markets & Economy »
More from offerpadMore posts in offerpad »
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- He started the Opendoor stock rally. Now he wants the CEO out
- Opendoor grows revenue and trims losses in 2nd quarter rally
- Offerpad sees declining revenue, but trims losses during Q2
- ‘Meme stock’ surge lifts Opendoor out of delisting danger zone
More from profitsMore posts in profits »
- Cash to burn: Do real estate’s big players have enough in the bank?
- Inside Zillow’s far-reaching bid to jolt its mortgage business
- For home sellers, 2021 profits marked greatest windfall in years
- RE/MAX delivers record Q3 revenue amid RE/MAX Integra acquisition
- Staffing and recruitment among top challenges for property managers in 2021
More from Q3 earningsMore posts in Q3 earnings »
- RE/MAX revenue declined 3.4%, US agents continue to depart in Q3
- Mr. Cooper back online after ‘precautionary’ 4-day shutdown
- Fathom Realty continues to grow agent count with rebound in sight
- Weathering the storm: A Q3 2023 earnings roundup
- Tough times for mortgage lenders? UWM hired 1,000 employees in Q3
More from revenueMore posts in revenue »
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Once shaky, summer market picks up steam: Client Pipeline Tracker
- Agents lower hopes after summer’s tepid start: Client Pipeline Tracker
- Big cities drive the housing supply reset — for all the wrong reasons
- Listing recovery hits snag near end of spring: Client Pipeline Tracker
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from TechnologyMore posts in Technology »
More from ZillowMore posts in Zillow »
- Where the industry stands on the Compass-Anywhere deal: Top 5
- How the Compass-Anywhere deal could spur an ‘arms race’
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
- Compass agents see play for Anywhere as a power move
More from Zillow OffersMore posts in Zillow Offers »
- Compass CEO Reffkin continues anti-Zillow social media blitz
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Zillow CEO Rich Barton: ‘The real pain is probably coming’
- Ribbon suspends cash offer service, working on new tools for spring
- It’s the disruption, stupid! Redfin Now and the end of iBuying as we know it
Be First to Comment