What is an iBuyer?

ibuyer contract

An iBuyer (Instant Buyer) is a real estate investor that uses automated valuation models and other technology to make cash offers on homes quickly. Since they rely on a mountain of data points on comparable home sales, an iBuyer will often purchase homes sight unseen.

The disruption in the real estate industry has created new options for consumers; however, this also poses questions and can often be misinterpreted as an investment company that’s going to fix and flip your precious home.

iBuyers make money by purchasing the home at a slight discount, adding value to the home to improve its worth, through the financing they offer, or through a fee. They may fix up the home, relisting it for sale on the MLS or with a local real estate agent after improvements have been made, or offer to finance the home using their own in-house financing programs.

The advantage of knowing within 24 hours what your personalized offer is of your home, provides an immediate sense of empowerment. You are in control starting the first day and our Customer Success Representatives are here to guide you through a process that works best for your specific situation. Do you need to close in 10 days to not miss out on another home? 90 days to relocate to another state? Metrowest will work to ensure you are empowered when selling your home, one of the most important assets of your life.

Metrowest is not an iBuyer, but we work with all the iBuyers in the Denver marketplace to get you multiple competitive offers and a Go To Market listing valuation, and we’ll help you break down your options in a side by side comparison and see which works best for your unique situation. .We use owned-technology, along with decades of real estate human-experience so we can offer you the max amount of money possible for your home.

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