2022 Experienced a Surge in Consumer Demand for New Ways to Buy and Sell
Even while the overall housing market faced uphill challenges in 2022, more Americans are seeking alternative ways to buy and sell real estate as innovative solutions increase nationwide availability,...
View ArticleiBuyer Offerings: A Good Strategy for Brokerage Owners?
Moderator: Kymber Lovett-Menkiti, President, Keller Williams Capital Properties, Washington D.C., Broker Relations Liaison, National Association of REALTORS® (NAR) Panelists: Cindy Ariosa, Senior...
View ArticleiBuyers Suffer Heavy Losses in Q4 After Losing Money on Home Sales
The past year—or at least the second half of it—wasn’t too kind to large-scale iBuyers, and it showed as its two most prominent players, Opendoor and Offerpad, continued to struggle financially during...
View Articlezavvie Announces New Product Offering Manager for Power Buyer Solutions
zavvie announced that it has brought on Marc Kaplan as the company’s new product offering manager, who will oversee the development and growth of zavvie’s Power Buyer solutions, including Cash Offer...
View ArticleHow to Sell a Home For Cash
Even with changes in the housing market, plenty of buyers still exist. Though if you don’t want to wait for top dollar, you might be asking, “Can I sell my house for cash?” This could allow you to sell...
View ArticleOpendoor Axes 22% of Its Workforce Amid Continued Headwinds
The headwinds that began in the middle of 2022 have yet to give an inch as companies try to weather the changing tides of a rebalancing housing market and economic volatility. While many struggle with...
View ArticleExecutive Shakeups: How New Leaders at Big Brokerages are Steering Their Firms
In real estate, changing tides and market cycles are expected for those around long enough to navigate their share of market changes. While agents and brokers are typically left deciding which career...
View ArticleDespite Easing Losses, Offerpad Earnings Woes Persist in Q1
With the iBuyer sector still in flux under shifting market conditions, the first three months of the year weren’t easy on Offerpad. However, despite the company’s challenges, executives appear...
View ArticleOpendoor Partners With eXp as iBuyers Adapt to Survive
As the aftermath of an iBuyer boom-and-bust continues to play out, market leader Opendoor appears to be pivoting toward closer partnerships with the traditional real estate industry, announcing this...
View ArticleOpendoor Predicts Falling Commissions, Hopes to Benefit From Settlement
Opendoor, the largest and oldest iBuyer, is still struggling to adjust its business model to a more restrictive, sluggish market but is carefully watching the recent National Association of REALTORS’®...
View Article