iBuyer
Sometimes, selling your home is a daunting, overwhelming task, and for those who want to get it done as quickly and painlessly as possible, instant offer programs from iBuyer brokerages are a godsend. For the uninitiated, instant offers from iBuyers are typically cash bids for a home that promise fast sales and quick closings. Several…
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A 16,000-square-foot distribution center is under construction in Farmers Branch, statewide employment is on the rise, the W.T. Waggoner Building will be converted into a hotel, and squatters are taking over iBuyer self-tours, all in this week’s roundup of real estate news.
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Opendoor has made no secret that it wants to dominate the entire real estate industry. In fact, just last month founder Eric Wu told Inc. that he believes the five-year-old company will “build the largest marketplace of homes.” And while the company is on pace to purchase $5 billion in homes this year, other companies…
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There is a lot of talk to sort through when it comes to “disruptors” in the real estate industry, including the focus on technology and alternative listing models, such as flat-fee listings and or iBuyer sales. But that’s not where the real disruption is happening — those are just strategies, says Andy Bearden, founder…
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By Matthew Templeton Managing Principal KW Urban Dallas Why is there so much movement in the iBuyer world? First: What is an iBuyer? An iBuyer is an institutional or business-based investor that uses automated valuation models (using data and algorithms to estimate value and trends over time) to make offers on properties in the market…
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