iBuyers Will Buy Your House, But What Will They Cost You?
by Kyle Stoner and Thomas O’Shaughnessy Tech companies have entered the real estate market. They’re using algorithms to sniff out deals and snap up properties. They’re the new “Instant Buyers” or iBuyers. This is home flipping on an industrial scale, sponsored by Silicon Valley. Companies like Zillow and Opendoor close deals and resell properties at…
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