Opendoor to Start Buying Homes from Zillow Users, Including in Boston
Zillow users will soon be able to request a cash offer from iBuyer Opendoor, which recently began serving the Boston metro area.
Zillow users will soon be able to request a cash offer from iBuyer Opendoor, which recently began serving the Boston metro area.
A new analysis of MLS data and public records by Redfin researchers shows that iBuyers are surging back into the real estate market in the industry’s core metro areas after putting operations on pause thanks to the pandemic.
Researchers at Redfin, the discount brokerage and listings website, say iBuyers bought 48 percent fewer homes in the last quarter of 2020 than they did a year earlier.
While embracing these promising technologies is essential to staying current with clients, understanding the limitations of these new platforms must also be considered when helping clients determine the best path forward when it comes to buying or selling a home.