The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14 percent from Q2 and 26 percent from a year ago.
Category: opendoor
Opendoor nabs execs from Google, LegalZoom for leadership team
The company has hired Selim Freiha to serve as its chief financial officer and Shrisha Radhakrishna to serve as its chief technology and product officer.
Anywhere joins Compass in push for Clear Cooperation change
Compass on Thursday reiterated its call to ditch NAR’s pocket listing rule. But documents newly obtained by Inman also show that Anywhere shares some of Compass’ concerns.
Opendoor rolls out mobile truck with instant offers in Nashville
“The Offer Mobile” is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor’s instant offers to consumers’ front doors.
Opendoor’s partnership with eXp officially goes live
The companies’ integrated technology will streamline the process to make Opendoor cash offers available to eXp’s tens of thousands of agents.
Robert Reffkin relinquishes stock unit awards for $7M cash bonus
An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000.
What the biggest names in real estate really thought of 2023
Fourteen of the real estate industry’s biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new year.
Opendoor founder Eric Wu leaving company to focus on startups
Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to focus on building new things.
Opendoor to double the number of homes it buys each month: CEO
CEO Carrie Wheeler told Intel that Opendoor wants to purchase 2,000-plus homes per month and that the company is leaning into partnerships like the ones it has with Zillow and eXp.
EXp streamlines ExpressOffers iBuyer program with Opendoor deal
Opendoor is now the primary cash offer solution behind eXp’s ExpressOffers platform. Agents will soon be able to request a cash offer on qualified properties directly through an eXp dashboard.