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iBuyers Rebound as Power Buyers Rapidly Expand

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Apr 11, 2022

According to our latest zavvie Seller Preferences Report, iBuyers rebounded last year, increasing business fivefold year-over-year during an historic seller’s market.

Even as skeptics asked, “Who needs an instant offer from a tech company if you can sell your house on the open market faster than you ever thought possible for more money than you ever expected?” iBuyers registered a breakout year in 2021.

The numbers should silence doubters. Despite a major iBuyer exiting the market (Zillow), Opendoor, Offerpad and RedfinNow significantly increased their purchasing activity.

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