Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer‘s services nationwide, according to an announcement on Thursday. Offerpad operates in 14 states. The partnership ...

An iBuyer is a company that purchases and buys homes directly from sellers using an algorithm. Selling to an iBuyer can be convenient if you need a quick sale or don't want to go through the stress of ...

As optimism for iBuying grows, Rocket Homes is not sitting on the sidelines. The Rocket Companies subsidiary plans to launch its own iBuying program in the coming months. The company will hire ...

Yesterday, real estate media publisher Inman reported on the halt of the iBuyer business model by Opendoor and RedfinNow, two large real estate operators. Under the iBuyer model, a company acquires a ...

in the open market is casting new light on the property tech sector, particularly the “iBuyer” market in which companies buy homes from consumers and aim to sell them at a profit.

While online real estate marketplace Zillow may be exiting the world of iBuyers, Berkshire Hathaway is starting to dip a toe into the potential of this home selling tool in the Jacksonville area.

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I believe that the iBuyer business model is inherently broken and that it is incapable of producing a sustainable profit. Opendoor's capital base has been decimated by losses on home sales, severely ...