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iBuyer Real Estate Guide for 2022: What Is an iBuyer?

HomeLight

We also include information about HomeLight’s Simple Sale platform, an online home-selling program that provides competitive all-cash offers for homes across the country. An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly.

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7 of the Top iBuyer Companies That Want to Buy Your Home in 2022

HomeLight

By selling your house to one of the iBuyer companies, you can avoid many of these headaches. The term iBuyer refers to a group of high-tech house flipping businesses have grown rapidly in recent years since their introduction in the mid 2010s. HomeLight Trade-In allows you to buy a new home before selling your old one.

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13 of the Top House Buying Companies in 2022

HomeLight

House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Doug Van Soest , who owns a house flipping business in Southern California, purchases an average of 40 to 50 homes per year and says he typically aims for at least a 10% return on his investment.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.