On stage at Inman Connect Las Vegas, DelPrete argued that most consumers don't need or want to navigate yet another dashboard or website. In many cases, they just want their agent
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
The iBuying giant dramatically boosted home sales during the second quarter of 2022, generating $4.2B in revenue, but ended up back in the red with $54M in losses
Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect
Regulators with the Federal Trade Commission on Monday accused the iBuyer of 'cheating' and 'tricking' consumers. Opendoor disagrees with the allegations but has agreed to settle the case
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company's history
HomeLight announced on June 29 that it planned to cut an unspecified number of jobs. Uher is confident in Power Buying and shares his views ahead of Inman Connect Las Vegas
Committee takes up the growing reach of institutional investors at a hearing this week. The biggest companies now own more than 280,000 single-family homes to rent
The iBuyer will now purchase and sell homes in Boston, Cincinnati and Albuquerque. The expansion comes amid a period of rapid growth for Opendoor
The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals
Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of 'headwinds' on the horizon
After 8 years, California-based iBuyer Opendoor reached profitability while logging a new revenue high of $5.2B, according to an earnings report released Thursday
The company's expansions come on the heels of its second straight profitable quarter.
Ryan Schneider said Zillow is competing with agents and lamented they're still writing checks to the company. 'It is a shame our industry let those companies get created,' Schneider said at ICNY