Special offer

Spam prevention
Rainmaker
693,775
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Yes, they have entered our area.  Not a big influence, but they are here in Elk Grove/Sacramento.

Sep 30, 2021 05:32 PM
Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have seen no iBuyer activity in my area.

Have you checked the stats for iBuyers in your market, Gary Frimann, CRS, GRI, SRES 

Sep 30, 2021 05:23 PM
Ambassador
3,587,835
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Yes that's been going on for several years or so in Phoenix area.

Sep 30, 2021 11:48 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yes. Currently iBuyers have about 2% of market share and those within the business suggest 10% is not unreasonable if they can hold on for the economy to improve.
What I have found is these iBuyers in my area are OVERPAYING for real estate and selling at losses.
The good news is a sluggish economy and MORE iBuyers. Maybe they will caniblize each other.
I have actually used iBuyers to solve issues present with some home sellers. It a tool to use, a willing buyer who knowingly overpays.

Sep 30, 2021 01:21 PM
Rainmaker
1,311,357
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I am unaware of iBuyer activity in our area.

Sep 30, 2021 12:28 PM
Rainer
460,983
Clay R. Seay
Florida Homes Realty & Mortgage - Saint Augustine, FL

Yes, there are currently 64 homes owned by ZHPT in our County.

The most recent posted for sale a 4/2 wth 1856 sqft for $383,900. ZHPT paid $365,000 in August for the home. Only a 5% profit .

 

Sep 30, 2021 12:11 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Gary,

I am not aware of any here.  A

Sep 30, 2021 02:28 PM
Rainer
195,422
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

I haven't noticed it here.

Sep 30, 2021 11:24 AM
Rainmaker
805,799
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Haven't noticed it here.

Sep 30, 2021 06:14 PM
Ambassador
6,392,919
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Seeing plenty of them out there, not sure how successful they are.

Oct 01, 2021 12:38 PM
Rainmaker
5,868,372
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We have quite a few in the Denver metro area.

Oct 01, 2021 05:42 AM
Ambassador
3,125,386
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

No, I have not Gary.

Oct 01, 2021 05:37 AM
Rainmaker
5,216,337
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The downtown Chicago condominium market is definitely seeing more activity. As for iBuyers, have no clue.

Oct 01, 2021 04:12 AM
Rainmaker
628,764
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Unaware of them in our area

Sep 30, 2021 06:35 PM
Rainmaker
851,242
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Not being seen here... 

Oct 01, 2021 04:32 AM
Rainmaker
763,783
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

No, not yet, one more thing to be concerned about in the future.

Oct 01, 2021 09:49 AM