iBuying


The Latest

Tomo Co-Founders Carey Armstrong and Greg Schwartz (LinkedIn via Schwartz and Armstrong, Getty)
National

Tomo digital mortgage startup enters Texas, Washington markets

Digital mortgage company Tomo entered the Dallas, Houston and Seattle markets today, aiming to help homebuyers compete with larger...

Tomo digital mortgage startup enters Texas, Washington markets
Habi cofounders Brynne McNulty Rojas and Sebastian Noguera Escallón (Habi)
National Weekend Edition

Colombian iBuyer Habi raises $100M in Softbank-led Series B

Colombia-based iBuyer Habi has raised $100 million in a Series B fundraising round led by Softbank. It’s the second-largest...

Colombian iBuyer Habi raises $100M in Softbank-led Series B
Opendoor CEO Eric Wu  (Getty, Opendoor)
National

Opendoor expands to Miami, 5 additional markets

As Opendoor hits a new milestone, the iBuyer is rolling out its operations in six new cities. Effective Tuesday,...

Opendoor expands to Miami, 5 additional markets
Opendoor CEO Eric Wu (iStock)
National

Opendoor revenue bounces back in Q1

Opendoor had some good news to share in its second earnings call as a publicly traded company. The company reported $747 million in revenue in the first quarter of 2021, an increase of 200...

Opendoor revenue bounces back in Q1
Rich Barton
National Issue

Inside Rich Barton’s quest to dominate homebuying

The lights were dimmed. Soft music played in the background as Dan Levy, clad in paisley pajamas, parted his...

Inside Rich Barton’s quest to dominate homebuying
Zillow CEO Richard Barton (iStock, Getty)
National

Zillow to grow workforce by 40% in 2021

Zillow is staffing up to take on the white-hot housing market. The listing giant and iBuyer said it plans to hire 2,000 employees this year — increasing its remote and in-person workforce of around...

Zillow to grow workforce by 40% in 2021
Opendoor CEO Eric Wu and Zillow CEO Richard Barton (Wu via Resolute Ventures, Barton via Getty)
National

iBuyers lost $1.2B over two years: report

The big iBuyer experiment continues to be very, very costly. Opendoor and Zillow lost a combined $1.2 billion buying and selling homes over the past two years, including $607 million in 2020, according to...

iBuyers lost $1.2B over two years: report
Opendoor CEO Eric Wu (Opendoor, iStock/Illustration by Alexis Manrodt for The Real Deal)
National

Opendoor revenue plunged 45% in 2020

In its first earnings as a public company, Opendoor reported a 45 percent drop in revenue attributed to its pause in home-buying in the early months of the pandemic. The iBuyer generated $2.6 billion...

Opendoor revenue plunged 45% in 2020
Zillow CEO Rich Barton (Getty, iStock/Photo illustration by Kevin Rebong for The Real Deal)
National

Zillow buys ShowingTime for $500M

Following a year in which home-buying services went virtual, Zillow has struck a deal to buy an online home-tour scheduler. The listings giant has struck a deal to buy ShowingTime.com, a home tour scheduler,...

Zillow buys ShowingTime for $500M
Opendoor CEO Eric Wu (Twitter)
National

Opendoor revenue plummets 45% in 2020

 After Covid forced Opendoor into a five-month homebuying limbo in 2020, the newly public company is projecting a 45 percent drop in annual revenue.  The instant homebuying startup projected $2.58 billion in 2020 revenue,...

Opendoor revenue plummets 45% in 2020
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