Did iBuying Fail Its First Big Market Test?
Did iBuying Fail Its First Big Market Test? 3Zillow, Redfin, and others have stopped buying homes while they wait out market changes. They weren’t alone, many major real estate brands and startups either launched their own iBuying programs or entered into partnerships. One year ago, Opendoor raised $300 million on a $3.8 billion valuation. It seemed that all that remained was for the …
News story posted on 2020-03-30T09:02:00.0000000Z