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iBuyers Rebound as Power Buyers Rapidly Expand

RIS Media

According to our latest zavvie Seller Preferences Report, iBuyers rebounded last year, increasing business fivefold year-over-year during an historic seller’s market. ” iBuyers registered a breakout year in 2021. Collectively, iBuyers purchased more than 71,000 homes in 2021, about a 1.3% national marketshare.

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The Next Evolution of iBuyers: ‘Power Buyers’

RIS Media

In addition to the well-known iBuyers, these include a more recent category of companies such as EasyKnock, Homeward, Knock and Ribbon. zavvie facilitates thousands of agent requests for Power Buyer and iBuyer offers each month. zavvie facilitates thousands of agent requests for Power Buyer and iBuyer offers each month.

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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

Record-low inventory in markets across the U.S. 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. And Knock expanded from three markets at the end of 2019 to 49 markets by the end of June 2021. versus 7.2%

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zavvie Releases 2022 Seller Preferences Report

RIS Media

iBuyers registered a breakout year in 2021, by increasing revenue fivefold year-over-year according to a new report from zavvie. Market conditions from October through December, along with record-low inventory, presented a challenge for iBuyers, whose value proposition is speed, certainty and convenience to home sellers.

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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

Getty Images (3) Buying a house while simultaneously selling your current home is always a treacherous tight wire to traverse—but in today’s high-priced, high-interest-rate housing market, it’s both a blessing and a curse. How disruptive will it be to have the home I live in on the market?

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