2021 Agent Rankings Now Live!

RealTrends + Tom Ferry announce the 16th annual The Thousand list of America’s top 1,000 real estate sales professionals and teams.

Market Leaders

Ranking the top residential real estate firms in over 160 different metropolitan markets.

Florida Realtors® leaders advocate for affordable housing

It sounds simple: housing trust funds should be used for affordable housing. Florida Realtors wants a constitutional amendment securing this.

Newsletter

The RealTrends monthly newsletter is known as the trusted industry source for information on trends, strategies, analysis, people and news shaping the real estate industry of tomorrow.

Opendoor Plan Nationwide Expansion by 2020

Opendoor raises $325 million and plans nationwide expansion. Direct homebuyer plots expansion into 50 markets by 2020

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.

Opendoor buys homes directly from sellers, makes the necessary repairs and improvements, then turns around and sell the houses on its own marketplace.

Opendoor’s $325 million Series E funding round comes just 18 months after the company raised $210 million in its Series D round of funding.

READ: Can Opendoor Continue To Dominate The IBuyer Market With Impeding Competition?

Since then, the company expanded into new markets and launched a foray into mortgages as well.

Opendoor first began buying and selling houses in Phoenix and Dallas-Fort Worth in 2014, and is now operating in 10 markets, including Atlanta, Charlotte, Dallas-Fort Worth, Las Vegas, Nashville, Orlando, Phoenix, Raleigh-Durham, Tampa, and San Antonio.

READ FULL ARTICLE HERE

Most Popular Articles

2021 Market Leaders: Compass, flat-fee brokers make noise

RealTrends Market Leaders ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500 brokerage rankings.

Jul 22, 2021 By

Latest Articles

Michael Altneu named Coldwell Banker VP of luxury program

In his new position, Altneu is responsible for assisting a network of real estate agents across 2,900 offices and 40 countries and territories. Altneu said he looks forward to the challenge. 

Jul 28, 2021 By