Offerpad CEO Predicts Buyers and Sellers Will Get ‘Used To’ Working Together Directly
Brian Bair, chief executive officer of iBuyer Offerpad Solutions, said during his company’s Q2 earnings call that the real estate ...
Tag: iBuyer
Opendoor CEO Says Commissions Already Falling Ahead of Settlement Changes
Yesterday, Opendoor, the largest and oldest iBuyer, announced its financial results for the second quarter of 2024, also addressing recent ...
Offerpad Q1 Earnings: Revenue Way Down, Though Improvements Cited
In a Q1 earnings call May 6, technology real estate company Offerpad Chairman and CEO Brian Bair put as positive ...
Opendoor Predicts Falling Commissions, Hopes to Benefit From Settlement
Opendoor, the largest and oldest iBuyer, is still struggling to adjust its business model to a more restrictive, sluggish market ...
Consumers Set to Receive Refunds From 2022 Opendoor Settlement
This week, over 50,000 Opendoor customers will be receiving refunds based on a 2022 settlement agreement related to deceptive advertising ...
Offerpad Voices Optimism Despite Continuing Losses in Q4 2023
In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 ...
Opendoor Q4 Revenue, Homes Sold Plummet as CEO Looks to ‘Rescale Business’
Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, on Feb. 15 reported financial results for Q4 and ...
Opendoor Founder Eric Wu Departs Company
Above: Eric Wu Opendoor, the largest iBuyer by most metrics, announced that founder Eric Wu would be departing the company ...
Q3 Profits Slammed Shut on Opendoor Even as iBuyer Trims Overall Losses
For iBuyer Opendoor, “progress” in its third quarter earnings report came in the form of announcing a loss of “only” ...
Offerpad Touts Progress as Net Losses Continue to Lessen in Third Quarter
The iBuyer Offerpad continued to tout trimmed losses and increased number of homes acquired as improvements from Q2 to Q3 ...
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