[VIP] iBuyer Comparison: Zillow, Opendoor, Offerpad – PHX Q2/2019

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Inman Las Vegas was last week, and while I heard quite a bit of interesting stuff, and had a number of interesting meetings (some of them with some of you), I've been far too busy to write. My apologies.

But I wanted to share something that I've been working on for a bit and see what you all think. This is a comparison of the three largest iBuyer companies: Zillow, Opendoor and Offerpad. The data is for Q2 of 2019, and comes from the oldest and most established iBuyer market of Phoenix.

As I think you will see, there are some numbers that just jump out at you. Let's look at the numbers first, then engage in some speculation about what accounts for them.
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