Knock hires Goldman Sachs to help it go public
The company behind the fast-growing Home Swap program is knocking on Wall Street's door. Knock CEO Sean Black confirms the hiring of Goldman to take his company public
by Craig C. Rowe Mar 29
How much are iBuyers paying for customer acquisition?
Opinion
Customer acquisition costs for major iBuyers is roughly similar at $3,000-$4,000, which is about 2-4X more than Redfin
by Mike DelPrete Mar 24
Pacaso raises $75M and soars to unicorn valuation
The co-ownership startup for second homes also raised $1 billion in debt funding
by Patrick Kearns Mar 24
How the marriage between Spencer Rascoff and Offerpad came to be
Spencer Rascoff and Offerpad CEO Brian Bair spoke to Inman about the behind-the-scenes moves that led to Offerpad's decision to go public via a special purpose acquisition company
by Patrick Kearns Mar 18
Spencer Rascoff's SPAC is taking Offerpad public
One of the nation's largest iBuyers is going public with the help of a former rival executive
by Patrick Kearns Mar 18
Offerpad brings iBuyer, listing solutions to Denver and Nashville
With the expansion, the real estate services company is bringing its offering to nearly 300 new ZIP codes
by Patrick Kearns Mar 15
Sellers choose 'buy-before-you-sell' offers 5X more than iBuyer offers
Bridge programs have lower service fees and alleviate seller worries about buying in an inventory-starved market, according to a new report from real estate tech firm Zavvie
by Andrea V. Brambila Feb 25
Opendoor's revenue plunged nearly 50% in 2020, according to SEC filing
The newly public company revealed in US Securities and Exchange Commission filings Tuesday that it expects to report $2.58B in revenue in 2020, down from the $4.7B in 2019
by Patrick Kearns Feb 3
The 10 biggest real estate tech stories and trends of 2020
COVID-19 may have led to increased tech acceleration, but technology was already reshaping the industry even before the pandemic struck
by Patrick Kearns Dec 18
Offerpad expands full suite of services to Denver and Nashville
Announced Wednesday, the Denver and Nashville launches mark the first new markets for the company since it expanded into Birmingham, Alabama, in early 2020
by Patrick Kearns Dec 9
Offerpad partners with nation's largest private new homeseller
The deal with New Home Star is a first for Offerpad, whose Homebuilder Alliance program counts more than a dozen direct builder partnerships but, until now, no sales firms
by Patrick Kearns Dec 3
Offers from iBuyers are getting weaker: zavvie report
Total iBuyer purchases plummeted 82% year over year in Q3, according to the report
by Patrick Kearns Dec 1
Offerpad remakes its C-suite as its business model evolves
Steve Johnson joins Offerpad as chief operating officer, as the company expands its real estate offerings beyond iBuying
by Patrick Kearns Nov 18
Offerpad adds 2 executives to C-suite
David Connelly is joining Offerpad as chief growth officer from Citigroup and Ben Aronovitch is joining as chief legal officer from Taylor Morrison Home Corporation
by Patrick Kearns Nov 11
Former Zillow exec Greg Schwartz wants to make buying a home easier
New startup Tomo is aiming to improve the real estate transaction experience with a $40M seed round
by Patrick Kearns Oct 27