Part 4: Broker Offers Guidance to iBuyer

December 19, 2019
Real Estate Broker’s Insider has been focusing its coverage on broker/owners who are trying new approaches to stay ahead of the fast-changing industry. In Houston, Charlotte, and other Sun Belt markets, major brokers are teaming with Zavvie, a company that promises to keep agents involved in the process by managing offers from multiple iBuyers. Better Homes…To read more — login/sign up

 

Part 3: Broker Launches iBuyer Platform

December 5, 2019
December 5, 2019 — Real Estate Broker’s Insider has been focusing its coverage on broker/owners who are trying new approaches to stay ahead of the fast-changing industry. In Tampa Bay, FL, Kenny Hayslett of RE/MAX Action First created an iBuying program. Offerpad, Opendoor, and Zillow Offers are buying homes in the Tampa market. So far, the…To read more — login/sign up

 

Traditional Brokers Adapt as iBuyers Proliferate

October 10, 2019
As Opendoor, Offerpad, and Zillow Offers sweep through the Sun Belt, many traditional brokers decry the new model, calling it financially unsustainable, an affront to their experience, and a ripoff for sellers. Other brokers say that, even if those criticisms are true, iBuyers aren’t going away any time soon. In the case of Better Homes…To read more — login/sign up

 

IBuyers Insist They’re Not A Threat, Agents Are Not Convinced

September 5, 2019
The new generation of iBuyers sees well-funded companies such as Opendoor, Offerpad, and Zillow Offers snapping up thousands of homes in Phoenix, Atlanta, and other markets. "We really noticed that consumer expectations were changing," says Josh Swift, senior vice president at Zillow Offers. "They want to click a button and have magic happen." The convenience…To read more — login/sign up

 

Zillow Accelerates Program for Buying and Selling Homes

June 7, 2018
In a long-anticipated move that has roiled the real estate industry and perplexed Wall Street, Zillow announced an ambitious expansion of its pilot program to buy and sell homes. Seeking to reassure the brokerage industry, which has chafed at Zestimates and groused about Zillow’s advertising practices, Zillow says it will use local agents to transact…To read more — login/sign up

 

Looking Ahead to 2018: Brokerage Industry Strong, But Challenges Remain

January 18, 2018
While doomsayers once expected real estate agents to go the way of travel agents and full-commission stock brokers, the business of real estate brokerage has remained surprisingly unscathed. Still, challenges remain in 2018 and experienced broker/owners warn against complacency. In an interview with Real Estate Broker’s Insider, Lennox Scott, head of John L. Scott Real Estate…To read more — login/sign up