Offerpad CEO Sees Commissions Falling as iBuyer Cuts Losses
Real estate technology firm Offerpad hosted its Q3 earnings call on Monday, Nov. 4—during which CEO Brian Blair fielded questions not just about his company’s
Real estate technology firm Offerpad hosted its Q3 earnings call on Monday, Nov. 4—during which CEO Brian Blair fielded questions not just about his company’s
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
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
The past year—or at least the second half of it—wasn’t too kind to large-scale iBuyers, and it showed as its two most prominent players, Opendoor
Moderator: Kymber Lovett-Menkiti, President, Keller Williams Capital Properties, Washington D.C., Broker Relations Liaison, National Association of REALTORS® (NAR) Panelists: Cindy Ariosa, Senior Vice
If you are selling your home, the idea of using an instant buyer could look attractive. iBuyers are real estate companies that offer cash without
We’ve all heard the popular phrase “up the ante,” which Merriam-Webster defines as “setting a higher standard or goal—often.” In real estate, we are continually
WHAT: As iBuying in real estate continues to grow, more and more brokers are trying to navigate this trending shift in business to generate more
A new report by Clever Real Estate of about 1,000 homeowners shows that 66% of homebuyers don’t think iBuyers yield higher sale prices than traditional
The first three months of 2022 proved fortuitous for two of iBuying’s most prominent players, Opendoor and Offerpad, as both companies capped the first quarter
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