Offerpad goes live in Indiana as part of Midwest expansion
The iBuyer has started buying and selling homes in the Indianapolis area as it eyes new markets in Kansas City, St. Louis and Columbus, Ohio
by Daniel Houston Jul 13
Tomo launches with aim to 'be the best at purchase mortgages'
The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston
by Matt Carter Jun 30
Offerpad is now a mortgage broker
The pioneering iBuyer is now a licensed mortgage broker in Alabama, Arizona and Colorado, with plans for rapid expansion into other states
by Matt Carter Jun 28
IBuyers are entering the previously untouched Northeast market: Mike DelPrete
Billion-dollar disruptors are coming to the Northeast market, featuring new models like instant offers, cash offers and buy-before-you-sell programs. Are agents and brokers ready?
by Mike DelPrete Jun 28
Offerpad draws from big companies as iBuyer prepares to go public
Four new members will join the iBuyer's board later this year, including a Zillow executive and the former chief executive officer of Move, Inc.
by Daniel Houston Jun 28
IBuyer transactions return to near pre-pandemic levels
IBuyer purchases by Redfin, Zillow Offers, Opendoor, Offerpad and Bungalo rose 20% in the first quarter of 2021, but remained down year over year, according to new data
by Daniel Houston Jun 25
Offerpad expands to 4 markets in Midwest, Southeast
In the second half of the year, the iBuyer will launch its services in Columbus, Ohio; Kansas City and St. Louis, Missouri; and Columbia, South Carolina
by Lillian Dickerson Jun 22
Flyhomes lands $150M to bring end-to-end homebuying to more markets
Seattle based-company operates brokerage, mortgage and closing subsidiaries involved in $2.6B in home sales
by Matt Carter Jun 10
Offerpad is a more profitable flavor of iBuying: Mike DelPrete
Offerpad's latest financials strongly suggest that a less venture-funded, less tech-enabled, more real estate-focused, and less breakneck version of iBuying can be (almost) profitable
by Mike DelPrete Jun 10
Knock CEO Sean Black sees a 'transaction revolution' on horizon
Ahead of Inman Connect next week, Knock CEO Sean Black dished on the tech trends he expects to accelerate this year
by Matt Carter Jun 10
Offerpad sees dip in revenue as it preps for public debut
The iBuyer's revenues were down year over year, but up compared to the end of 2020. The company is also nearing completion of a merger that will allow it to begin publicly selling shares
by Jim Dalrymple II Jun 9
The New Normal: What if the brokerage of the future isn't a brokerage at all?
Teams are less and less constrained by geography thanks to powerful new upstart companies, even as control of real estate technology becomes more centralized
by Jim Dalrymple II May 24
5 people to watch at Offerpad as the iBuyer continues to expand
Over the last half decade, the instant cash offer startup upended the industry in no small part due to the people who work there
IBuyer purchases recover to pre-pandemic levels: DelPrete
The business model is undoubtedly here to stay, but not without its recovery challenges
by Mike DelPrete Apr 21
Spencer Rascoff: iBuyers not to blame for supply shortage
The former Zillow CEO touched on iBuying, real estate companies going public and 'global asset inflation' during a discussion at Connect Now
by Jim Dalrymple II Apr 20