Items Tagged with 'IBUYERS'

ARTICLES

  • WSJ: Phoenix is "petri dish" for America’s iBuying experiment

    Arizona's capital is proving ground for computerized flipping
    High-tech flippers such as Zillow and Opendoor are using algorithms to reshape the housing market, and Phoenix is the "proving ground," according to a Wall Street Journal story. The advent of iBuyers is just the latest challenge agents face in the Phoenix area, said Sam Miller, president-elect of the 10,000-member Phoenix Association of Realtors.
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  • Sale-leaseback company EasyKnock announces $215 million capital raise, launches new product for home shoppers

    Will buy your house from you, then let you live there while you shop around
    Sale-leaseback company EasyKnock just scored a massive cash infusion, announcing that it has secured $215 million in a debt-equity round, and launched a new product, a play off the sale-leaseback concept marketed toward homeowners looking to buy their next home. The new offering promises to edge out iBuyers with a quick sale at a better rate, plus the ability to let customers stay put while they contemplate their next move, cash in hand.
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  • [Pulse] Will iBuyers survive a buyer's market?

    The iBuyer concept is fresh and exciting, but it remains untested throughout a full market cycle
    The housing market is cyclical, and history shows businesses based on a perpetual seller's market do not last. Good housing markets are very forgiving, but when they turn, flawed concepts are rapidly and ruthlessly exposed. Selling homes in a seller's market is not difficult. But when the market turns and buyers gain the upper hand, will the iBuyer concept survive?
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  • Colorado real estate brokerage 8z Real Estate expands into homebuying

    Becomes latest company to jump on iBuyer trend
    In a move that’s becoming more and more commonplace, Colorado real estate brokerage 8z Real Estate revealed this week that it plans to begin buying and selling houses directly from the market. The company, which has 15 offices in Colorado and did more than $1 billion in real estate sales last year, is calling its iBuyer offering 8z Offers.
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  • WTH is an iBuyer?

    Instant offers for buying and selling homes are growing, and evolving
    More and more real estate transactions involve the participation of so-called iBuyers. But who are they, what do they do and are they a threat to real estate agents? Here's what we know so far.
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  • Keller Williams to begin buying and selling houses

    Real estate giant become latest to jump on iBuyer trend
    Following a path previously laid out by the likes of Zillow and Redfin, and taking a page out of the playbook of Opendoor, Offerpad, and others, Keller Williams is about to start buying and selling houses. Next month, Keller Williams will launch an iBuyer offering, which it is calling “Keller Offers.”
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  • Zillow begins buying and selling homes in Dallas

    DFW becomes 9th market where Zillow is buying houses
    Homeowners in the Dallas/Fort Worth area can now bypass the traditional real estate process and sell their house directly to Zillow, as the online real estate giant announced Monday that it is expanding its direct buying program to DFW.
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  • With foreclosures dwindling, investors turn to direct buyers for new single-family rentals

    Direct buyers offer inventory as other sources dry up
    In the wake of the housing crisis, institutional investors became some of the biggest buyers of foreclosed homes, buying the properties on the cheap and turning them into single-family rentals. Now, with foreclosure inventory shrinking, investors are turning to a new outlet to buy homes to turn into rentals – direct buyers.
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