Zillow iBuying revenue soars — but losses mount
Zillow’s revenue doubled to a record $745.2 million during the third quarter, driven by its year-old iBuying program. For...
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Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago
Realogy’s defense against the growing horde of iBuyers landed in Chicago this week. The brokerage conglomerate, in partnership with...
Don’t call it flipping: Zillow insists its iBuying is different
Zillow’s push into instant homebuying has led to both soaring revenues and losses for the listing giant, and CEO...
Gimme squatter: When iBuying homes draw unwanted attention
A prospective buyer who toured an Opendoor house in Arizona last month was surprised to find a couple with...
Opendoor not looking to replace all agents — just some: CEO
“I guess it’s good to be hated.” That was Opendoor CEO Eric Wu’s riposte to a question from Recode’s...
Not betting on iBuying would be an “existential threat”: Zillow CEO
Since returning in February to lead the company he founded 14 years ago, Rich Barton is muscling Zillow into...
Virtual firm eXp jumps into iBuying craze
Virtual brokerage eXp Realty is getting into the instant-homebuying game. The fast-growing firm said Thursday it will join the ranks of Redfin, Zillow, Keller Williams and Opendoor by offering sellers the chance to instantly...
Aggressive iBuyer Opendoor acquires title and escrow company
Following the announcement of its new home lending program, iBuyer Opendoor has acquired title and escrow company, OS National....
Offerpad and Keller Williams team up amid iBuying craze
Amid an iBuying craze, Keller Williams and Offerpad are teaming up to buy and sell more homes. Through a...
iBuying pays off for Redfin, as revenue soars 39%
Demand for instant home-buying has started to pay dividends for Redfin. The Seattle-based discount brokerage said second-quarter revenue rose...
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