Remove ibuyer
article thumbnail

Real estate agents absolutely worth it, new consumer survey says

Housing Wire

Nearly three-quarters (73%) of recent home sellers say agents are the best way to sell, with 77% opting for traditional full-service agents—outpacing all other methods, including FSBO and iBuyers , by a wide margin. About 35% of those who sold to cash buyers and 33% of iBuyer users would choose a different method if they could do it over.

Agents 476
article thumbnail

Inside the Realogy-Blackstone iBuying venture

Housing Wire

The main remaining iBuyers – Opendoor and Offerpad – are growing fast but report net losses. The main remaining iBuyers – Opendoor and Offerpad – are growing fast but report net losses. Realogy says it is real serious about its two-year-old iBuying division, RealSure. And that was impetus for hiring for me, for hiring a CEO.

Agents 367
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What went wrong at Redfin?

Housing Wire

Some of these companies are much younger and are in a heavy growth stage, so its not an exact comparison. At the same time, agent counts at other publicly traded companies have exploded, with The Real Brokerage (+1,173%), Fathom Realty (+136.6%), Compass (+78.8%) and eXp Realty (+64.9%) leading the way.

Brokerage 411
article thumbnail

Opendoor launches… a brokerage?

Housing Wire

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. The company, armed with $1.5 Under such a model, traditional agents hired by Opendoor will be listing and selling the home. Meanwhile, Zillow Group quietly became a corporate broker in New York and Arizona.

Brokerage 538
article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

The original model was pioneered by the iBuyers and is historically the most expensive model for consumers. The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers.

article thumbnail

Selling your home? Here’s how to do it fast!

Housing Wire

Staging your home — or making it look as appealing and move-in ready as possible — can make a huge impact on its marketability. In fact, according to a report from the National Association of Realtors, over half of seller’s agents say staging either slightly or greatly decreases a property’s time on the market. . Consider an iBuyer.

Staging 493
article thumbnail

EasyKnock snares an additional $5 million in Series B funding round

Housing Wire

Viola FinTech is a cross-stage venture fund that invests in global FinTech companies alongside leading venture investors. Last month, EasyKnock teamed up with zavvie on a new bridge solution , and with realtor.com as a partnership with other iBuyers to offer more options to home sellers.

Staging 430