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

 

Instant Sale Programs Expand

October 18, 2018
Zillow says its home-flipping program is "doing great" — so much so that it will launch its Zillow Offers home-buying program in Denver and Atlanta this fall. Meanwhile, Redfin is expanding Redfin Now, its program for buying properties directly from sellers. And NRT’s Coldwell Banker brand will be launching its own iBuyer service called cataLIST Cash…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