The iBuyer earned about $41 million in profit during the first three months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday.
Source: Inman News
Offerpad stays profitable for second quarter in a row
More from blank check companyMore posts in blank check company »
More from Brian BairMore posts in Brian Bair »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- 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
More from earnings reportMore posts in earnings report »
- Zillow ignores ‘noise,’ jabs from CoStar, as revenue climbs
- Offerpad sees declining revenue, but trims losses during Q2
- Q1 not so bad after all, nCino says in surprise sneak peek at earnings
- Compass grew virtually every metric that matters in Q1
- Opendoor saw rising losses in Q4, but managed to boost revenue
More from ibuyerMore posts in ibuyer »
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Here’s how to save canceled listings and improve success rates
- Offerpad home sales, acquisitions hit new low in Q3 2025
- Is the ‘proptech winter’ ending? This is what investors are watching
- Opendoor continues C-sweep with CFO swap
More from ibuyersMore posts in ibuyers »
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from offerpadMore posts in offerpad »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- From cash offer to collaboration: Offerpad empowers agents and sellers
- 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
More from opendoorMore posts in opendoor »
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
- Here’s how to save canceled listings and improve success rates
- Is the ‘proptech winter’ ending? This is what investors are watching
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from SPACMore posts in SPAC »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Better shares plunge more than 90% in Nasdaq debut
- After setbacks, Better goes public with plan to scale ‘greater heights’
More from spencer rascoffMore posts in spencer rascoff »
More from TechnologyMore posts in Technology »
- RateMyAgent and Curated Social merge to form Renowned platform
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Why 88% of agent conversations never make it to the CRM
More from ZillowMore posts in Zillow »
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- Zillow defends private listing rule, criticizes Compass in new filing
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Why 88% of agent conversations never make it to the CRM
Be First to Comment