iBuyer Blog and News
iBuyers resume home-buying operations
After hitting the pause button in March because of the coronavirus pandemic, Opendoor, Offerpad, and Zillow have just announced their intentions to resume making cash offers to homeowners looking to sell [...]
EasyKnock: A New Method for Cashing In On Your Home
EasyKnock CEO Jarred Kessler defines EasyKnock as a proptech company that is not trying to make a transaction. He’s clear that EasyKnock isn’t in the flipping business and wants to be the [...]
RedfinNow and Opendoor temporarily suspends iBuyer program
RedfinNow and Opendoor temporarily suspends iBuyer program amid economic turmoil sparked by the coronavirus pandemic. The spokesperson for Opendoor said the company has been closely monitoring the escalation of COVID-19 [...]
In some cases, homeowners made more profit selling their home to an iBuyer
One of the biggest (and newest) players in the sell houses for cash world is the tech-savvy and data-driven iBuyer, short for “instant buyer.” If you're a home seller who [...]
Zillow’s iBuyer sends revenue soaring but losing millions
After betting heavily on iBuying, Zillow Group’s revenue more than doubled in 2019 to $2.7 billion, the company said Wednesday. Over the course of 2019, Zillow sold 4,313 homes at [...]
iBuyers Purchased More Than 10% of Homes in 8 Neighborhoods This Year
Eight neighborhoods—in Phoenix, Charlotte, Fort Worth, and Raleigh—had iBuyer purchase rates of 10% or more through October of 2019. iBuyers purchased 13.7% of the homes sold so far in 2019 [...]
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