Pardon my absence. More work means less time to write about it. I’ve been writing a ton about #iBuyers, actually, but I’ve been doing it from iBuyerSpy.com. I encourage you to pursue my work there, and I vow to share some of it back here, as well.
Here’s a sample to get us started: iBuyers can’t close. Their ineptitude is your opportunity.
Josh Malone says:
Holy smokes! I can’t imagine a buyer visiting a single property fifteen times. I hope Ibuyer and the like are just a fad, but unfortunately it seems that there are always some people willing to risk a lot to save a little. I wonder if there is any accurate data on their return business.
January 15, 2020 — 4:41 pm
Brad Yzermans says:
Greg, great video. I started following your blog back in the early days and was fortunate enough to be invited to and attend one of the gang’s meet ups in OC maybe 4-5 years ago.
This iBuyer phenomenon is crazy! Me being mortgage lender, I had a buyer sell her departing home with OpenDoor and see she got absolutely screwed. The agent who had helped her buy that home was her cousin and that cousin was willing to help her sell for a very small fee….but she didn’t choose him eventhough he helped her buy her next home!
Apparently, some(maybe many) people are willing to throw away $15,000 to $25,000 for the luxury of not having to have potential buyers tour her home or an agent conduct open houses.
I had no idea you launched ibuyerspy.com…looks great.
January 23, 2020 — 12:24 pm