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Zillow’s Pivot Not a Sign of an iBuying Collapse

October 21st, 2021
The innovative practice of iBuying, at least on the surface, seems like a tremendous shift—a new, growing force with the potential to rock the real estate industry in myriad ways. Pundits, observers and brokers have regularly shared predictions as to...

Katie Finnegan Named First CEO of RealSure Joint Venture

October 27th, 2021
Realogy Holdings Corp. recently announced the appointment of Katie Finnegan as chief executive officer of RealSure®, the company’s iBuyer arm. Finnegan will work to accelerate growth and enhance RealSure’s residential real estate transaction solutions. In her new role, Finnegan will be responsible for...

Zillow Flames Out of iBuying, Cites ‘Unpredictability’

November 2nd, 2021
In another shocking blow to real estate giant Zillow, the company announced late Tuesday that it would sunset its iBuying arm, Zillow Offers, and bow out of the iBuying game as the company failed to find stability and success flipping...

Zillow Sells 2,000 Homes to Controversial Investment Firm

November 10th, 2021
Zillow has reportedly taken the first steps in unloading its unprofitable backlog of i-Bought homes. According to the Wall Street Journal, the real estate giant agreed to sell 2,000 homes to rental investment firm Pretium Partners. After announcing an end...

Post-Zillow, Offerpad Posts Strong Q3 Results On Strength of ‘Ground Game’

November 18th, 2021
After the demise of Zillow’s iBuying service, real estate observers were anxious to hear from other players in the industry, with many positing that the entire iBuyer model might be in jeopardy. One of those players, relative newcomer Offerpad, announced...

zavvie Releases New Seller Preferences Report

December 1st, 2021
A new zavvie Seller Preferences Report details the explosive growth of Power Buyers and changes in the iBuyer landscape throughout the U.S. between July and September. In the third quarter of this year, iBuyers doubled their acquisitions from any prior...

Zillow Sees Stock Bump After Selloff of iBuying Properties

December 3rd, 2021
Zillow is getting a slight reprieve from its recent iBuying woes. The real estate giant is enjoying a modest stock rebound following a Dec. 2 announcement that it has sold or is in the process of selling more than half...

zavvie Partners With Divvy Homes on Rent-to-Own Program

December 15th, 2021
zavvie and Divvy Homes recently partnered to provide a more accessible, affordable and innovative rent-to-own buying solution for real estate brokers and their agents. Divvy Homes uses technology to help renters transition into homeowners. The Divvy Homes rent-to-own program is...

Filing Deadline Approaching for Zillow Lawsuit

January 3rd, 2022
Bernstein Liebhard, a national investor rights law firm, recently released a statement regarding the class-action lawsuit against Zillow, reminding those who purchased or acquired securities of Zillow Group, Inc. between Feb. 10, 2021 and Nov. 2, 2021 that the deadline...

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