Redfin, Opendoor, Zillow and the Great iBuyer Game

A few weeks ago, Zillow put its first home under contract as a seller in Phoenix, consummating its entry into the “iBuyer” space. Zillow joins a fleet of competitors—including Opendoor, Offerpad, Knock and Redfin Now—that let home sellers close in days instead of months by directly buying homes at a (mostly) fair price and flipping … [Read more…]