by | Apr 4, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
This week, over 50,000 Opendoor customers will be receiving refunds based on a 2022 settlement agreement related to deceptive advertising practices, according to an announcement by the Federal Trade Commission (FTC). A total of $62 million is going back in the pockets...
by | Feb 16, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, on Feb. 15 reported financial results for Q4 and full-year 2023. The numbers, like so many industry companies after the bruising year, were not good. While the company earned...
by | Dec 18, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Above: Eric Wu Opendoor, the largest iBuyer by most metrics, announced that founder Eric Wu would be departing the company effective Jan. 1, almost exactly a year after he relinquished his CEO responsibilities. “We’ve built something impactful that’s helped over...
by | Nov 3, 2023 | Brokers, Industry News, Latest News, National, News, Premier |
For iBuyer Opendoor, “progress” in its third quarter earnings report came in the form of announcing a loss of “only” $106 million, unquestionably better than the nearly $1 billion lost in Q3 2022. It was a reversal of fortune from the company’s second quarter, when it...
by | Oct 4, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Tech |
As the aftermath of an iBuyer boom-and-bust continues to play out, market leader Opendoor appears to be pivoting toward closer partnerships with the traditional real estate industry, announcing this week a new partnership with eXp intended to be the “first step of a...