What is it?
iBuyer services are a new concept in the real estate industry. In the iBuyer scenario, a seller sells their home directly to the iBuyer company. The iBuyer is usually a brokerage or large clearinghouse. Sellers usually give up a significant amount of value in exchange for convenience and quick turnaround. Most iBuyer programs buy homes as-is, and can close as a cash purchase in 1-2 weeks. For sellers who are willing to give up 5-10% of their home’s value, this can be an attractive option.
What Are My Options?
At the moment, there actually aren’t any iBuyer options in the Seattle area from any of the major players. Our team is continually monitoring this segment, and will work to partner with them as they become available in the future in order to provide this as an option to our clients.