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iBuyers Rebound as Power Buyers Rapidly Expand

RIS Media

The data show that consumers gained a huge advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. Buyers using a mortgage needed to make offers on seven houses before winning the bid. The Rapid Rise of Power Buyers. submitted offers before successfully purchasing a home.

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zavvie Releases 2022 Seller Preferences Report

RIS Media

According to the report, consumers gained an advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. Buyers using a mortgage needed to make offers on seven houses before winning an offer. Using a Cash Offers program, homebuyers averaged just 1.1