Glossary
iBuyer
A technology-driven company making fast, automated offers, usually at a smaller discount than a flipper but with service fees that can offset the difference.
iBuyers use automated valuation models to make quick offers on properties meeting their criteria. The headline price can be close to market, but service fees of 5-8% can significantly reduce net proceeds. Always compare the estimated net — after fees — against what a listed sale would return.
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