Zillow and iBuyer Opendoor Extend Partnership to 11 More Markets

June 2, 2023
Share this Post: 

Former iBuying rivals Zillow and Opendoor have announced that they have expanded their partnership to 11 more markets across the United States.

Having begun in February in Atlanta and Raleigh and been expanded to Houston, Dallas and Phoenix in March, the project is now live in 16 local markets, mostly across the country's so-called 'sun-belt'.

Opendoor And Zillow Markets Gif

The partnership between Zillow, which exited the iBuying business in 2021 after spectacular losses, and specialist iBuyer Opendoor allows the portal's users to see what their home might be worth using the Zestimate tool before either connecting with one of Zillow's Premier Agents or selling through Opendoor.

The partnership between the two former rivals has raised a few eyebrows in the industry with some, such as industry veteran Brad Inman, suggesting that Zillow might be trying out Opendoor before buying the business or perhaps that the deal between the two already includes some sort of equity share.

June 2, 2023
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Shutterstock 569669149
MLS Backed U.S. Portal Nestfully Adds Key Florida Partnerships

The U.S. real estate portal Nestfully has added listings from two of Florida's largest MLSs, BeachesMLS and Miami Realtors SEFMLS....

Read More
Shutterstock 83040667
Mexican Portal Propiedades.com Releases Products to Help Agents Digitize More Inventory

The Mexican real estate portal Propiedades.com has released a suite of products to encourage more agents and sellers to list...

Read More
Product Roundup: OneDome, Realestate.co.nz, OnTheMarket, Otodom, Xinyi, SeLoger

It has been quite some time since we shared a set of product launches from around the industry. From improved...

Read More
Prosus Boardroom
Prosus Hires Interim CEO 24Hrs After Incumbent Resigns

On Monday, Naspers and its international unit Prosus announced the sudden resignation of CEO Bob van Dijk, who left his...

Read More

Editor's Pick