DelPrete: iBuyer market share plummets, slow recovery ahead
IBuyers are buying homes again but with a more cautious approach. Once they prove they can survive the pandemic, they’ll still have to overcome the challenge of profitability
by Mike DelPrete Aug 18
Offerpad expands Florida footprint
The expansion into Port St. Lucie, Florida, is the first new market for the company since it began offering a home listing service and resumed buying homes
by Patrick Kearns Aug 12
Opendoor CEO: Despite COVID-19, iBuyers are 'full steam ahead'
'When consumers demand experiences, that’s when innovation happens,' Opendoor CEO Eric Wu said Tuesday during Inman Connect Now
by Patrick Kearns Aug 4
Keller Williams ends exclusive deal with Offerpad
Keller Williams will allow other investors to make all-cash offers on homes through Keller Offers, its iBuying division
by Patrick Kearns Jun 24
The Real Word: How the iBuyer business model is evolving
More this week: changing markets around big cities and a gift card project that supports local business and the community
by Byron Lazine Jun 19
The line between iBuyer and brokerage is blurring
Opinion
Opendoor and Offerpad will now list homes directly. Ultimately, this new service, still in the early stages and not fully rolled out, represents a way for iBuyers to make money without having to actually buy houses
by Mike DelPrete Jun 11
Zillow is buying homes again in 6 more cities
The iBuyer platform is buying homes again in Atlanta, Dallas, San Antonio, Austin, San Diego and Sacramento
by Patrick Kearns Jun 9
The Real Word: Should agents worry about Offerpad’s new service?
Opinion
More this week: why buyers should have representation with new construction and The Broke Agent’s winning meme templates
by Byron Lazine Jun 5
First Offerpad wanted to buy your home. Now it wants to list your home
Consumers can now choose a direct, quick-close sale or a more traditional listing process. The move may rankle many in the real estate industry, who have long worried about technology companies moving into the space traditionally served by real estate agents
by Patrick Kearns Jun 1
Former surgeon general tapped to help Zillow safely buy homes again
The company is bringing on Regina Benjamin, the former US surgeon general, to consult on and develop new safety protocols as it returns to iBuying
by Patrick Kearns May 18
Realtors are line of defense against banker greed
Opinion
The private sector and government leaders must be on guard as trillions of public dollars wash through the economic system and a broken economy can become a feasting ground for unsavory opportunists
by Brad Inman May 11
Redfin, Zillow to resume iBuying
Redfin is returning to homebuying immediately, while Zillow says a return is likely within a few weeks
by Patrick Kearns May 7
Massive new iBuyer report gives deep insight into Zillow, Opendoor
The 168-page report from Mike DelPrete takes a look at how the pandemic has impacted iBuyers and how they're positioned to thrive in an era of social distancing
by Patrick Kearns May 6
Offerpad fully resumes buying with safety certification
The company announced Wednesday its new safety procedures have been certified by HealthyVerify, a health safety organization
by Patrick Kearns May 6