Home sale contingency Pre-approval Technology 
Realty Biz
MARCH 14, 2021
So-called iBuying companies continue to rack up major losses, with the two largest companies in the industry, Opendoor and Zillow, losing a combined $607 million from their business of buying up homes and selling them in 2020. Opendoor and Zillow lost a combined $650 million in the previous year as well, DelPrete said.
Realty Biz
MARCH 8, 2021
Once pre-approval has been secured, Opendoor will then pair buyers with one of its affiliated real estate professionals who will review their offer before submitting it on their behalf. Opendoor will then back that offer with cash, meaning buyers can submit their offer free of financing, appraisal or home sale contingencies.
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HomeLight
MARCH 21, 2022
American Homes 4 Rent , serving metropolitan areas in 12 states including Arizona, Colorado, North Carolina, and Tennessee. An iBuyer , also known as an instant buyer , is a business that uses real estate market data and technology to make immediate offers on houses, sight-unseen, after being contacted by an owner. Orchard Move First.
HomeLight
MARCH 13, 2023
They need to sell quickly to stop foreclosure or stop a tax sale,” says Joseph. When time is of the essence, a cash sale could be the quickest solution. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all.
HomeLight
APRIL 29, 2022
HomeLight Trade-In : Removes the stress of buying and selling a home at the same time. HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. Home Estimate : Use this resource to research your home value.
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