Will Instant Offer iBuyers Replace House Flippers?


Manage episode 231244939 series 2394432
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Zillow’s Zestimate is now competing with another new price-setting strategy that is giving sellers a more “real world” sales price. This new strategy involves iBuyers and what they would pay for a home. Sellers request an instant offer and can use that as a bargaining chip in their negotiations with a listing agent, challenging them to sell the home for a higher price. Or, they may decide to go with the iBuyer. www.NewsForInvestors.com

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