Real estate franchisor recommends agents who help clients sell a home to Offerpad only accept 1% fee from Offerpad in the transaction, with potential opportunity to re-list the same home for Offerpad for another 1% commission
Opinion
Plus, the Garth Brooks parody you don't want to miss
The 'iBuyer Map' from Mike DelPrete and Remine closely tracks home purchases by Opendoor, Zillow Offers and Offerpad
Offerpad will provide the homebuying capital behind Keller Offers in 12 markets, giving KW agents a chance to rep both sides of a sales transaction for the iBuyer
The iBuyer plans to make offers on homes in Salt Lake City and Boise later this year, followed by St. Louis in 2020
The industry is so big that, even at a 5% market share, the presence of iBuyers will be small, NRT CEO Ryan Gorman told attendees at ICLV
Brokerages can now white-label the tool for their own site
Opinion
They might work for those in a hurry to sell, but there are several downsides to iBuyers, and you should make them widely known
The push into the Pacific Northwest marks the 12th market in which the all-cash home offer service operates
The tech-powered brokerage joins a crowded field that already includes Opendoor, Zillow Offers and Offerpad
Opinion
There’s enough business out there for everyone, we just need to take our expertise and adapt it for today’s consumer
The 3 largest iBuyer companies are now competing directly in several major metro markets
John Campbell, an analyst with Stephens, is upgrading his investor outlook for Zillow, Redfin and eXp Realty, saying they represent the future while downgrading calls for Realogy and RE/MAX
The company's homebuying and selling platform is officially live in Orlando, Florida, its 11th market
Bryan LaFranchi, formerly a senior sales manager at Zillow Group, will now lead Offerpad's Homebuilder Alliance program that lets sellers put cash offers toward newly-built home purchases