Opinion
This week, Bryon Lazine and Nicole White discuss Zillow's latest move to pause homebuying, the client who shot his agent after buying a home sight unseen, and the agent who posed for listing photos in the buff
Opinion
Other iBuyers saw the signals and made adjustments while Zillow kept on buying; either it missed the signs or proceeded anyway. Regardless, it’s a timely reminder that growing an iBuyer business is challenging
Zillow says it's facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow's abrupt pause, say they aren't suffering from the same issues
A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory 'fairly conspiratorial,' and iBuyers themselves said they still have a tiny share of the market
In addition to the new Texas markets, the company operates in Seattle, Boston, Portland, the Bay Area and Southern California
Homesellers using Opendoor can now complete their interior home inspection through uploaded videos and photos, according to a company announcement on Tuesday
Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he's confident that real estate agents will survive today's period of disruption. This and more as Inman takes a Deep Dive into all things Keller Williams, all week long
Raymond 'RJ' Jones will spearhead both Keller Offers, the company's iBuying program, and Keller Manage, a soon-to-launch program that'll provide home maintenance services
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
The iBuyer also experienced a loss of $144M between April and June and sold a total of 3,481 homes
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
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
82% of homeowners in 1000watt survey said they either were more likely to trust information from Zillow than from a real estate agent or to trust them about the same
The partnership will give agents at Sibcy Cline Realtors the ability to present a variety of different selling options to their clients
A large majority of Americans think now is a good time to buy and sell, though only a minority think the market will stay strong for another year