Who are iBuyers?

Written By Brittany Ware (Super Administrator)

Updated at June 3rd, 2022

Institutional buyers, also known as Instant Buyers or iBuyers, are companies that purchase homes via Instant Sale. They are usually a faster, more conveinent option for many home owners. They often use algorithms and technology to buy and resell homes quickly. When selling a home to an iBuyer, you may get a cash offer in as little as 24 hours without the trouble of staging and showing the home over and over.

Types of iBuyers

Retail

Retail iBuyers purchase homes at market or near market value with minimal repairs required with the intention for reselling quickly. 

Top Retail iBuyers:

Opendoor

Offerpad

Wholesale 

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