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 ...
Tag: Opendoor
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” ...
Opendoor Partners With eXp as iBuyers Adapt to Survive
As the aftermath of an iBuyer boom-and-bust continues to play out, market leader Opendoor appears to be pivoting toward closer ...
More Losses for Opendoor as It Seeks to Regain Footing
Real estate technology company Opendoor was unable to report much positive news in its Q1 2023 earnings report May 4. ...
Executive Shakeups: How New Leaders at Big Brokerages are Steering Their Firms
In real estate, changing tides and market cycles are expected for those around long enough to navigate their share of ...
Opendoor Axes 22% of Its Workforce Amid Continued Headwinds
The headwinds that began in the middle of 2022 have yet to give an inch as companies try to weather ...
iBuyers Suffer Heavy Losses in Q4 After Losing Money on Home Sales
The past year—or at least the second half of it—wasn't too kind to large-scale iBuyers, and it showed as its ...
Consumers Can Now Accept Opendoor Cash Offers on Zillow in Select Markets
Consumers using Zillow in select markets can now add an Opendoor instant offer to their list of home-selling options while ...
Where Does iBuying Go From Here?
It's been an interesting month for instant buyers. From leadership shake-ups to another company bowing out of the game, there ...
Crucial Seller Questions You Wouldn’t Have Heard Just a Few Years Ago
As opposed to even recently when sellers would let their agent handle most everything, now many want to be more involved. Read more.
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