opendoor


The Latest

Opendoor's Eric Wu and Will Holmes (Twitter, LinkedIn, iStock)
National

New Opendoor program gives agents big bonuses

Agents working with Opendoor can start seeing more money in their pockets. The country’s largest iBuyer just launched a...

New Opendoor program gives agents big bonuses
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
This is your home on tech
National Issue

This is your home on tech

Listings With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be. CoStar bought national search portal Homesnap for $250 million in November, pitting the...

This is your home on tech
Offerpad's Brian Bair, Zillow's Rich Barton and Opendoor's Eric Wu. (Offerpad, Zillow, Opendoor)
National

How the “Big Three” iBuyers stack up

Until recently, iBuying was largely a two-horse race. Now, Offerpad’s decision to go public in a $3 billion SPAC deal has put rivals Opendoor and Zillow on notice. The deal, with a blank-check firm...

How the “Big Three” iBuyers stack up
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
From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu
National Issue

Making sense of the SPACe race

When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice...

Making sense of the SPACe race
Opendoor CEO Eric Wu (Twitter)
National

Opendoor projects revenue plummeted 45% in 2020

UPDATED, 9:01 p.m., Feb. 2: After Covid forced Opendoor into a five-month homebuying limbo in 2020, the newly public...

Opendoor projects revenue plummeted 45% in 2020
From left: Lionheart's Ophir Sternberg, Fifth Wall's Brendan Wallace, Chamath Palihapitiya, Supernova Partners' Spencer Rascoff and Proptech Acquisition II's Tom Hennessy (Getty, LinkedIn, iStock)
National

These blank-check firms are courting proptech deals

 It’s a good time to be a startup aspiring to go public. Investors plowed more than $83 billion into...

These blank-check firms are courting proptech deals

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