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Real Estate Technology
Opendoor moves into Los Angeles, will now spend up to $800K on a home
By
Mike Wheatley
| November 18, 2019
Real Estate Technology
,
US Real Estate
Opendoor buys OS National to offer escrow, title services
By
Mike Wheatley
| September 9, 2019
iBuying company Opendoor has made another acquisition, this time buying a national title and escrow service provider called OS National. Opendoor will now be able to integrate that firm’s title, escrow and closing services into its online home buying and selling platform, it said. Opendoor is the trailblazer in the iBuying industry, in which it […]
Mortgage
,
US Real Estate
Opendoor launches new mortgage offering
By
Mike Wheatley
| September 2, 2019
iBuying giant Opendoor announced last week it’s planning to enter the mortgage game. The company says it won’t just restrict its services to making instant cash offers on seller’s homes, but will now issue loans for buyers of its homes as well. The company said the idea is to speed up the time it takes […]
Featured News
,
Home Sales
,
US Real Estate
Research shows iBuyers typically cost sellers 13% to 15% more
By
Mike Wheatley
| August 12, 2019
Consumers who choose to use an iBuyer to sell their home often end up paying much higher fees than they would have if they’d gone with a traditional real estate agent, according to new research from Collateral Analytics. iBuyers are companies that provide instant cash offers and quick closings on a home, which can be […]
Featured News
,
Real Estate Technology
,
US Real Estate
Redfin teams up with Opendoor to expand its Instant Offers service
By
Mike Wheatley
| July 16, 2019
Web-based real estate brokerage Redfin is expanding the availability of its instant offers service via a partnership with iBuying company Opendoor. The partnership, announced last week, will allow homeowners who sell their homes on Redfin’s platform to get instant offers on their properties. The way iBuying works is that companies like Opendoor buy the homes […]
News
,
Real Estate Software Apps
,
Real Estate Technology
Opendoor to team up with real estate agents to better market its homes
By
Mike Wheatley
| October 29, 2018
Opendoor, one of the leaders in the iBuyer space, is testing a new program that involves co-listing properties with real estate agents outside of its organization. The company has already identified a number of real estate firm it intends to partner with in the program, as it bids to expand its business model that offers […]
Industry Technology
,
Real Estate Technology
Opendoor buys Open Listings to boost its home-flipping business model
By
Mike Wheatley
| September 13, 2018
Online real estate marketplace Opendoor is making its first acquisition, snapping up a discount brokerage called Open Listings. Open Listings is an end-to-end real estate platform aimed at buyers that offers them a 50 percent rebate on the buyer’s agent commission. The idea is that people can search through listings, book private showings, make an […]
Industry Technology
,
Real Estate Technology
,
US Real Estate
Opendoor plans major expansion into more U.S. markets
By
Mike Wheatley
| September 3, 2018
Real estate listings website Opendoor, which buys homes directly from sellers before doing them up and selling them on, says it’s planning to expand nationwide after enjoying significant success in the ten markets it currently operates in
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