Seller Beware: iBuyer Platforms Under Scrutiny After Opendoor FTC Action
AuthorReal Estate Experts. Date:
In the 21st century, there is no shortage of companies looking to disrupt every industry. From the way we hail a ride (Uber, Lyft) to the way we find a place to stay while on vacation (Airbnb), there is seemingly no limit to what can be done with a little creativity and some coding. The latest industry to face this disruption is real estate. In the past few years, a new breed of real estate company has popped up, promising to make buying or selling a home easier than ever before. These companies are often referred to as iBuyers, and they use technology to streamline the process of buying and selling homes. Sounds great so far, right? Who wouldn’t want a company that makes buying or selling a home easier? But as with any new technology, there are always risks and potential pitfalls. And in the case of iBuyers, there … Continued
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