The iBuyer’s $1.1 billion in Q4 revenue wasn’t enough to offset a loss of $113 million. However, CEO Carrie Wheeler said the company entered 2025 as “a leaner, more efficient business.”
Source: Inman News
Opendoor saw rising losses in Q4, but managed to boost revenue
Published in affordability challenges, Carrie Wheeler, consumer demand, earnings, earnings 2024, earnings Q4 2024, earnings report, home sales, housing market, housing market headwinds, ibuyer, ibuying, inman, lock-in effect, market headwinds, Markets & Economy, mortgage rates, Music City, nashville, offerpad, opendoor, real estate headwinds, real estate market, Real Estate Market Headwinds, real estate success, Redfin, residential real estate, Select, spring homeselling season, sustained profitability, Technology, the new york times and Zillow
More from affordability challengesMore posts in affordability challenges »
- It’s a higher-for-longer world, and we’re just living in it: Economist
- These are the 31 markets where home prices have fallen the most
- Amid a fairly flat market, May held some nice surprises: Economist
- Home prices climbed in February — but the momentum is cooling
- Existing-home sales fall to slowest pace since 2009 amid rising costs
More from Carrie WheelerMore posts in Carrie Wheeler »
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
- Drunken gunman, new legal filing, Roseanne Barr: Inman’s Top 5
More from consumer demandMore posts in consumer demand »
More from earningsMore posts in earnings »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
More from earnings 2024More posts in earnings 2024 »
- LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
- Douglas Elliman wraps 2024 with hefty $76M net loss for year
- Rentals, tech and efficiency drive real estate’s Q4 earnings
- Matterport lost $256M in 2024 as it continued scaling before merger
- UWM is hiring after banner year for purchase mortgage lending
More from earnings Q4 2024More posts in earnings Q4 2024 »
- Fathom Realty now offering agents 20% commission split option
- Investors surprised by nCino’s $18.6M Q4 loss, cautious guidance
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
- LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
- Douglas Elliman wraps 2024 with hefty $76M net loss for year
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
- EXp Q4 earnings mixed as revenue ticks up but agent count falls
More from home salesMore posts in home sales »
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Lower mortgage rates spur homebuyers, but mostly refis
- Pending home sales remain stuck in the mud in September
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
More from housing marketMore posts in housing market »
- Stop freaking out about 50-year mortgages. They might save the housing market
- The inventory surge is sputtering. See how your market stacks up
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- Recession? Membership? Blessings? Inman Top 5
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
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 ibuyingMore posts in ibuying »
More from inmanMore posts in inman »
- Inman is celebrating 30 years of community, and you’re invited
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- The inventory surge is sputtering. See how your market stacks up
- Zillow defends private listing rule, criticizes Compass in new filing
More from lock-in effectMore posts in lock-in effect »
- How to win more listings in a locked-in market environment
- 5 data-backed tips for leading your clients through 2025
- Is the mortgage lock-in effect ending? These numbers offer clues
- What is the Federal Reserve, and how does it impact real estate?
- Coldwell Banker exec says current market is a ‘growth window’
More from market headwindsMore posts in market headwinds »
More from Markets & EconomyMore posts in Markets & Economy »
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
- What’s driving multifamily’s market resurgence?
- The inventory surge is sputtering. See how your market stacks up
- Homebuying off to strongest November start since 2022
More from mortgage ratesMore posts in mortgage rates »
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Demand for mortgages cools as rates rebound from 2025 low
More from Music CityMore posts in Music City »
- It’s a higher-for-longer world, and we’re just living in it: Economist
- Gatekeeping, portal wars, ‘Armageddon’: Inman’s Top 5
- Listing bans, lawsuits, and a ‘big, beautiful bill’: Inman Top 5
- Compass, Zillow, Redfin and the rest: It’s Inman’s Top 5
- Amid a fairly flat market, May held some nice surprises: Economist
More from nashvilleMore posts in nashville »
- Inman is celebrating 30 years of community, and you’re invited
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
- Why multifamily occupancy and rent growth rise or fall
- The anatomy of a viral real estate post (that also gets you clients)
- This real estate agent faked it ’til she made it. Social media paved the way
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 real estate marketMore posts in real estate market »
- The inventory surge is sputtering. See how your market stacks up
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Finish 2025 strong by checking these 10 to-dos off your list
- Yes, the current market is brutal, but ‘boomsday’ is on the way
More from real estate successMore posts in real estate success »
More from RedfinMore posts in Redfin »
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
More from residential real estateMore posts in residential real estate »
- Inman is celebrating 30 years of community, and you’re invited
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- The inventory surge is sputtering. See how your market stacks up
More from SelectMore posts in Select »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Stop waiting for permission: Why leadership starts with self-trust
- Leadershift: How brokers and team leaders can prepare for 2026
More from TechnologyMore posts in Technology »
- 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
- Real partners with MAXA Designs on agent marketing platform
More from the new york timesMore posts in the new york times »
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Douglas Elliman begins expanding overseas
- The path for Compass-Anywhere: Take the Intel Index survey today
- LendingTree founder, CEO Doug Lebda dies in ATV accident
- Bess Freedman on the market, private listings and 2026
More from ZillowMore posts in Zillow »
- 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
- Zillow hit with new class-action suit over alleged broker kickbacks
- Despite unease, Compass poised to retain most Anywhere agents
Be First to Comment