by Brit Owen | Nov 9, 2022 | Agents, Brokers, Industry News, Latest News, National, Premier, Teams |
Mere hours before it’s slated to report its earnings for the third quarter, Redfin has announced that it is getting out of the iBuying game. In a shocking Wednesday SEC filing, Redfin announced that it would be sunsetting RedfinNow and firing 13% of its...
by Beth McGuire | Nov 3, 2022 | Agents, Best Practices, Brokers, Industry News, Latest News, News, Premier, Teams, Technology |
A day after letting go of nearly 550 workers, or 18% of the company’s workforce, real estate technology company Opendoor on Thursday Nov. 3 announced staggering losses, with a net loss of $928 million compared to $57 million in Q3 2021. In its latest earnings report,...
by Jesse Williams | Oct 14, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
It was all anyone could talk about for weeks: the “demise” of Zillow Offers. That may sound hyperbolic today, but last year, the Seattle-based tech giant shocked the real estate industry when it announced that it was sunsetting its iBuying operation and...
by Brit Owen | Aug 5, 2022 | Industry News, Latest News, National, News, Premier |
It was an interesting week for Opendoor. On the heels of being fined by federal regulators, the company has had to juggle a mixed bag of announcements throughout the first week of August, culminating in a shocking partnership and an earnings report underscoring the...
by Jesse Williams | Aug 3, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
What a way to kick off a new month. That’s likely on the minds of one of iBuying’s most prominent players, Opendoor, as it launches a new product after being fined by federal regulators. Days before the Arizona-based company is expected to report its...