Opendoor

Are iBuyer competitors an “existential threat” to Zillow? 

The burgeoning iBuying industry is giving smaller companies a chance to challenge the housing market’s behemoth, Zillow Group. That’s according to a new report by Mike DelPrete, a real estate strategist who compared companies like Opendoor, which purchased more than 10,000 homes to renovate and sell in 2018, with Zillow, which bought fewer than 1,000.