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RE/MAX President Nick Bailey takes on iBuying and investors
'All those in favor of expropriating every house that Zillow owns, say aye,' tweeted one American as Berlin's vote to seize 240K apartments rippled across the globe
In addition to the new Texas markets, the company operates in Seattle, Boston, Portland, the Bay Area and Southern California
IBuyers are closer than ever to profitability. But the overwhelming majority of profits are coming from record home price appreciation, which won't last and is on the decline
The iBuyer went public a day after merging with the Spencer Rascoff-led Supernova Partners Acquisition Company. The company will now be known as 'Offerpad Solutions'
Halo's SFR2O offers aspiring homeowners the opportunity to own based on their future propensity to financially manage a mortgage instead of their current economic position
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Zoodealio creates an exclusive dashboard for homeowners to know their options
Homesellers using Opendoor can now complete their interior home inspection through uploaded videos and photos, according to a company announcement on Tuesday
Opinion
Ribbon helps buyers buy before they sell, rescues bad deals and gives first-time buyers a way to win deals in what might be the industry's first hybrid fintech-proptech application
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Learn how top producer Dan Noma created a new way to help sellers understand their options
The Arizona-based iBuyer took in $376.8M in revenue during Q2 2021 and its net income grew to $9.2M, giving the company its first profitable quarter
Home prices are record high, and iBuyers are paying above market values for the houses they buy, but they're also reselling them for more than ever before
Beating out institutional investors in a bidding war is a lot like beating out other buyers, but with a bit of a twist. Agents should aim to become fluent in all the relevant tools available
Driven by high purchase and sale volumes and the rise in home values, iBuyers will have blowout quarters with record revenues
Institutional investors are a growing presence in the US real estate market. The savvy agent should learn how to adapt to their ways — even if it feels a little bit unnatural