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iBuyers Rebound as Power Buyers Rapidly Expand

RIS Media

The data show that consumers gained a huge advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. According to our latest zavvie Seller Preferences Report, iBuyers rebounded last year, increasing business fivefold year-over-year during an historic seller’s market.

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Zavvie Releases Seller Preferences Report

RIS Media

Stefan Peterson, zavvie chief data officer and co-founder, explains the impact on the typical consumer: “A Denver buyer with a traditional mortgage and a loan contingency had to make offers on an average of seven homes before winning the day.” Released recently zavvie, the report also details that iBuyers are back.

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zavvie Releases 2022 Seller Preferences Report

RIS Media

According to the report, consumers gained an advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. iBuyers registered a breakout year in 2021, by increasing revenue fivefold year-over-year according to a new report from zavvie. Using a Cash Offers program, homebuyers averaged just 1.1

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zavvie Reveals new iBuyer and Power Buyer Report

RIS Media

According to zavvie, consumers gained a huge advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. national market share, compared with about 14,000 in 2020, when the pandemic temporarily paused iBuying—a 5x increase. Using a “cash offers” program, homebuyers averaged just 1.1

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How to Sell Your House Without a Realtor: 14 Steps to Selling FSBO

HomeLight

Selling with an agent: Using the CMA as a guide, Realtors® draw on localized industry experience to advise homeowners about determining a home’s ideal list price — one that isn’t too low or too high. Your house is spotless, if you can ignore the open house signs and marketing flyers strewn across the dining room floor.