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 »
More from housing marketMore posts in housing market »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
- ‘More persistent headwinds’ plague housing market as prices barely budge
- NAR’s new consumer profile shows agents how to thrive in 2026
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 »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Change strategy as the market shifts to win the listings long game
- Can agents use AI to help with contracts and disclosures?
- 5 lead-generation metrics you must review before 2026 begins
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
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 »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
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 »
- Stock market gains push luxury homebuyers ahead in October
- October brought the strongest buyer’s market in 12 years: Redfin
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- Inman is celebrating 30 years of community, and you’re invited
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
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 »
- Inman unveils winners of the 2025 Best of Proptech Awards
- 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
More from real estate marketMore posts in real estate market »
- Brokers are losing to ChatGPT. Here are 10 new AI rules of the road
- 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
More from real estate successMore posts in real estate success »
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from residential real estateMore posts in residential real estate »
- Can agents use AI to help with contracts and disclosures?
- Walshe murder trial: Defense floats new story in opening statement
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- The most iconic house in Los Angeles is now for sale
- Coldwell Banker nabs 1,300-agent affiliate from Berkshire Hathaway
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
More from the new york timesMore posts in the new york times »
- Zillow reverses course and removes climate data from listings
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- The fallout from NAR’s big reversal: Take the Intel Index survey today
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
More from ZillowMore posts in Zillow »
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
- Zillow reverses course and removes climate data from listings
- After failed NAR vote, brokerages beef up referral disclosures
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- Delistings and discounts jump as holiday season approaches
Be First to Comment