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Special Issue Archive
Opendoor, a $3.8B iBuyer start up, fires staffers, asks others to move to Phoenix HQ
July 01, 2019 09:45AM
The $3.8 billion iBuyer startup Opendoor is shaking things up internally. The company started firing about 50 of its roughly 1,300 employees in June,...
National Cheat Sheet: House flips hit pre-crisis levels, ‘cannabiz’ entices the real estate sector… & more
April 12, 2019 06:00PM
Report finds house flips returning to pre-financial crisis levels House flipping is still almost as prevalent as it was before the 2008 financial crisis,...
Back to humans? Opendoor program will refer some sellers to partner agents
April 10, 2019 10:30AM
Opendoor CEO Eric Wu said in March that agents needed to face up to automation and accept an “adviser” role. Now it looks like...
National Cheat Sheet: US home sales drop again, JLL buys HFF for $2B… & more
March 22, 2019 06:00PM
Report: ‘Shift’ as US home sales decline, inventory grows U.S. home sales continued to fall in February, dropping 4.2 percent, even as inventory grew by...
Opendoor’s valuation hits $3.8B with latest funding round
March 20, 2019 01:00PM
The iBuyer startup Opendoor has raised $300 million, bringing its valuation up to $3.8 billion. The latest funding round was led by General Atlantic,...
Outside agents notch a victory over Opendoor. But it may be short-lived.
March 18, 2019 03:30PM
Over the last decade, agents have been squeezed by the proliferation of online listings portals and automated valuation models. Now, with well-funded “iBuyers” poised...
Opendoor is testing co-listing agreements with agent teams
October 24, 2018 11:30AM
Home-flipping startup Opendoor is testing co-listing properties with agents outside the company. The company has selected about a dozen agent teams for its “preferred...
Tired of the hassle of selling your home? Try this all-cash alternative
April 27, 2018 09:45AM
It’s the oldest fix-and-flip pitch in American real estate: “We’ll buy your home, guaranteed, no matter what its condition, and we’ll pay you quick...
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