Items Tagged with 'direct home buyer'

ARTICLES

  • Zillow bringing its direct homebuying program to Denver

    Second expansion this summer
    For the second time in less than a month, Zillow is expanding its direct homebuying program. Last month, the online real estate giant announced that it is planning to bring its direct buyer program to Atlanta. Now, the company is expanding again, announcing Wednesday that it is also planning to begin directly buying houses from sellers in the Denver area.
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  • Opendoor raises $325 million, plans nationwide expansion

    Direct homebuyer plots expansion into 50 markets by 2020
    One of the biggest players in the growing direct homebuyer segment is about to get much, much bigger. Opendoor, an online marketplace that buys homes directly from homeowners, announced Wednesday that it secured $325 million in new funding and is planning a nationwide expansion of its homebuying platform.
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  • Direct homebuyer FlyHomes raises $17 million, plans expansion into mortgages

    Funding round led by prominent Silicon Valley venture capital firm Andreessen Horowitz
    There’s a growing player in the burgeoning direct homebuying segment that now boasts the backing of one of Silicon Valley’s top venture capital firms. Seattle-based FlyHomes recently announced that it raised $17 million in its Series A funding round, which was led by Andreessen Horowitz, which previously invested in Facebook, Airbnb, Foursquare, Skype, Twitter, and others.
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  • Direct homebuyer OfferPad secures $150 million in funding to power growth

    Targeting $1.5 billion in volume in 2018
    There certainly appears to be no shortage of money interested in investing in the burgeoning direct homebuyer segment. Opendoor has been raising money hand over fist, a newcomer named Perch launched last week with $30 million in funding, plus Zillow and Redfin both recently expanded into direct buying. The other growing player is OfferPad, which announced this week that it recently secured $150 million in new funding to continue growing its direct buyer business.
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  • Direct homebuyer Perch raises $30 million to fund expansion

    Currently available in San Antonio, Texas
    The move towards institutionalizing the home-flipping business has another player: Perch. The company, which is based in New York, launched recently and is currently buying houses directly from homeowners and selling those houses in San Antonio, Texas. The company plans to grow beyond San Antonio and has secured $30 million in funding to power that growth.
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  • Gamechanger: Zillow to begin buying and selling houses

    Follows lead of Redfin and other direct homebuyers
    Nearly one year ago, Zillow shook up the real estate industry when it announced that it was getting into the home selling business by launching “Zillow Instant Offers.” As it turns out, that was just the beginning. Zillow announced Thursday that it will begin buying homes and selling homes directly to and from homeowners.
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  • Real estate startup Knock launches home trade-in program, plans 10-state expansion

    Will buy homeowner’s house, and move them into new home
    Imagine selling your old house and buying a new one is just as easy as trading in your old car for a new one – that’s the world that Knock, a real estate startup, is trying to create. Knock, which operates currently in Atlanta with plans to expand, is launching a “home trade-in platform,” which the company claims will “revolutionize” the real estate process.
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