Will the Return of iBuyers Be a Challenge for Your Business?

A contactless transaction may be appealing as COVID-19 hovers over the country. But iBuyers face challenges in growing their market share back to pre-pandemic levels. iBuyers make instant cash offers to sellers who wish to bypass the traditional MLS marketing route, but tend to pay higher fees for the convenience.

iBuyers have mostly resumed purchases, albeit at a slower pace, but will their promise of contactless closings amid social distancing protocols cause further disruption in the real estate industry, or are sellers favoring public listings to capture more equity in a now-booming housing market? Read more about it.