Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow iBuyer lawsuit
iBuyer Offerpad released its Q4/year-end financial results Monday, which included generating $114.1 million in revenue with 312 sold homes, a 34.5% YoY decline. The company
Back in 2014, a company called Opendoor launched what was a novel business model at the time—letting people sell their homes “with a few clicks
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
