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  • Amazon and Realogy gang up on Zillow to entice homebuyers

    You purchase toilet paper, computers and paper towels through the Amazon website. Now, you can buy your next house. The world’s largest retailer is partnering with Realogy, the largest U.S. residential brokerage, to match homebuyers with real estate agents through a program called TurnKey. In return, customers get up to $5,000 of Amazon products and services. And, yes, that includes Alexa-enabled smart home devices.

Items Tagged with 'direct buyer'

ARTICLES

  • Opendoor and Redfin join forces to begin buying houses in Phoenix and Atlanta

    Opendoor will being buying houses via Redfin’s platform
    In what may seem like a surprising partnership between two would-be competitors in the burgeoning iBuyer market, Opendoor and Redfin are joining forces to buy homes in Phoenix and Atlanta. The companies announced this week that homeowners in those two cities will now be able to request a direct offer for their home from Opendoor through Redfin’s website and mobile apps.
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  • Colorado real estate brokerage 8z Real Estate expands into homebuying

    Becomes latest company to jump on iBuyer trend
    In a move that’s becoming more and more commonplace, Colorado real estate brokerage 8z Real Estate revealed this week that it plans to begin buying and selling houses directly from the market. The company, which has 15 offices in Colorado and did more than $1 billion in real estate sales last year, is calling its iBuyer offering 8z Offers.
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  • Keller Williams to begin buying and selling houses

    Real estate giant become latest to jump on iBuyer trend
    Following a path previously laid out by the likes of Zillow and Redfin, and taking a page out of the playbook of Opendoor, Offerpad, and others, Keller Williams is about to start buying and selling houses. Next month, Keller Williams will launch an iBuyer offering, which it is calling “Keller Offers.”
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  • Direct buyer Offerpad planning significant expansion, beginning in Texas

    Begins operating in Houston metro area, San Antonio expansion coming soon
    Last year, Offerpad secured $150 million in funding, which the direct homebuyer said it planned to use for business expansion. Late last year, Offerpad began operating in Tucson, Arizona, and expanded into the Dallas-Fort Worth metroplex. As it turns out, that won’t be the company’s only foray into Texas.
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  • Knock raises $400 million, plans massive expansion of home trade-in program

    Direct buyer now operating in five markets
    Around this time last year, Knock, a real estate startup that buys homes directly from homeowners, unveiled an expansion plan that would see the company grow its business beyond its first market of Atlanta. Since then, the company has indeed expanded and is now operating in five markets, but the company has much bigger plans than that. And now, the company has the money to reach those goals.
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  • With foreclosures dwindling, investors turn to direct buyers for new single-family rentals

    Direct buyers offer inventory as other sources dry up
    In the wake of the housing crisis, institutional investors became some of the biggest buyers of foreclosed homes, buying the properties on the cheap and turning them into single-family rentals. Now, with foreclosure inventory shrinking, investors are turning to a new outlet to buy homes to turn into rentals – direct buyers.
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  • Worried you can’t get a mortgage in time? Ribbon will buy the home you want for you

    Real estate startup raises $225 million to fund national expansion
    There’s a new real estate startup that is buying homes directly from homeowners, but unlike direct buyers like Opendoor, Offerpad, and Perch, and real estate giants like Zillow and Redfin, which focus on buying homes from sellers, Ribbon is buying homes for buyers. And now, the company has some serious financial backing to power its planned growth.
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  • Opendoor secures $400 million investment from Japan’s SoftBank

    Growing direct homebuyer now has $3 billion in financial backing
    Growing direct homebuyer Opendoor now has $3 billion in financial backing (yes, that’s “billion” with a “b”) thanks to a sizable new investment from Japanese technology company SoftBank Group. Opendoor announced Thursday that it secured a $400 million investment from SoftBank Vision Fund, SoftBank’s investment arm. But that's not all the funding Opendoor recently secured.
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  • Coldwell Banker getting into the direct home buying business

    Direct buying program could expand to other Realogy brands
    Have we reached a tipping point in the trend of massive real estate players beginning to buy homes directly from homeowners? It looks like that may be the case, as one of the nation’s biggest real estate brands is planning to launch its own direct buying business, and its siblings may not be far behind.
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  • Opendoor buying Open Listings to build one-stop shop for home buying and selling

    Growing direct buyer acquires low-commission real estate site
    Opendoor is about to take a huge step forward in its attempt to create a true one-stop shop for the entire real estate experience. Opendoor announced Tuesday morning that it has acquired Open Listings, a real estate site that offers homebuyers a 50% refund on the fees their real estate agent would have received. With the acquisition, Opendoor now touches all parts of the real estate process.
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