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zavvie Reveals new iBuyer and Power Buyer Report

RIS Media

Despite one of the most robust seller markets in real estate on record, with homes selling “faster than you ever thought possible,” iBuyers registered a breakout year in 2021, increasing business fivefold year-over-year according to a new report from zavvie. “Yet iBuyers had a breakout year,” he added.

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Zavvie Releases Seller Preferences Report

RIS Media

Released recently zavvie, the report also details that iBuyers are back. And in Q2 2021, iBuyer purchases rocketed to nearly double their Q1 2021 total. – iBuyer purchases by Opendoor, Zillow Offers, Offerpad and Redfin Now, on average came in at 104.1% iBuyer service fees dropped in Q2 2021 to 5.1% versus 7.2%

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How To Buy and Sell a Home at the Same Time—in Today’s Haywire, High-Interest Rate Housing Market

Realtor.com

For instance, sellers can skip the traditional listing process entirely and field offers from investors and iBuyers who’ll buy their home quickly with all cash. Hardy points to the strategy of becoming a “certified homebuyer,” which allows sellers to close quickly, without the need for a loan contingency.

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