Last year was a massive year for iBuyers in the U.S. Great strides were made, many companies were acquired or merged, and both newcomers and established businesses threw their hats into the ring.
For example, did you know:
- IBuyers have a 0.2 percent market share in the entire U.S.
- In Phoenix (the iBuying hotbed), iBuyers have a 5 percent market share
- Opendoor alone has a 3 percent market share in Phoenix
Not to mention the various traditional brokerages making iBuying a part of their business and Zillow entering the game in 2018.
So, what’s the latest on the iBuyer landscape? How will it impact real estate agents’ bottom line?
Listen in as strategic and real estate tech adviser, Mike DelPrete lays out the current iBuying scene at Inman Connect New York.
Watch the full conversation above on Inman Select.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!