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Loans are available for any home purchase, not only Opendoor-owned properties
With revenue up from Q1, the iBuyer is “incredibly bullish” about the future. We're “setting ourselves up so we can have an excellent 2027,” the CEO said.
The iBuyer is repurchasing approximately 45.3 million of its own shares, a move that it said will reduce shares outstanding by 5%.
Opendoor reported $883 million Q2 revenue and a $162 million net loss, then announced $650 million 0% converts and a $158 million buyback.
One operates a profitable global marketplace with a 20% net margin; the other posted a $1.3 billion loss last year.
Atlas acquired CloseClear.ai, while HomeVestors bought BlueSquIDX. Plus, Opendoor lending division ends beta period; Agent Buddi expands safety lineup; more.
The back-office system is now available to indie, franchise-affiliated firms. Plus, Breezy opens Underbuilt Radar to consumers; Cloze adds Open House app; more.
The company said its new platform, which launched for agent applicants last month, aims to provide property valuations within 3% of a home’s final sale price.
The app replaces paper sign-in sheets with digital check-ins that create contact records, log attendance and collect visitor feedback.
openmoove, the Cardiff-based communication platform orchestrating UK residential property transactions, has confirmed that material information will be provided free of charge to e...
Property technology company Openmoove has announced it will provide material information services at no cost to estate agents and property sellers, responding to upcoming governmen...
Offerpad CEO Brian Bair says buying is ramping in 2026 after losses since 2022, as the firm adds fou products and refines its buy box.
Listing creators and direct channels may capture more value as private networks expand and buyers search beyond portals.
A new platform for off-market property transactions has launched in the UK, offering sellers the ability to list properties privately whilst maintaining competitive buyer interest...
Proptech firm iamproperty has joined the Open Property Data Association, becoming part of an industry-wide initiative to standardise property information across UK transactions. Th...
Developed from technology first built at Homepie, PACT is part of FSBO.com’s broader effort to digitize transactions from listing through closing
Lofty’s House.ai aims to deliver better-prepared buyers to agents, but key details behind its “offer-ready” designation remain unclear. The post Lofty Introduces House.ai to Assess...
Offr, a digital buying platform backed by Barclays, has partnered with PropertyStream to launch Transact, a white-labelled platform enabling estate agents to manage property transa...
New platforms are disrupting real estate by providing homebuyers and sellers options, sometimes helping them avoid real estate agents entirely.
Ahead of potential OpenAI and Anthropic IPOs, some Bay Area homeowners are asking buyers to pay with private AI shares.
Kelley Blue Book Homes is expanding into seller leads with ZIP-based subscriptions. Here’s what agents should know before the August rollout. The post KBB Homes Expands Into Seller...
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