Flipping

Will iBuyers End House Flipping?

https://www.freedommentor.com/will-ibuyers-end-house-flipping/ Will iBuyers end house flipping for small real estate investors? New companies such as OpenDoor, OfferPad, Zillow Offers, RedfinNow and Knock are being referred to as “iBuyers” and even large brokerages such as Keller Williams and Coldwell Banker now have an iBuyer branch. These iBuyers are buying houses for quick cash, renovating and then reselling; just like traditional house flippers have been doing for decades. However, they are doing it on a massive scale like never before seen in our industry’s history. Funded by billions in Wall Street money, they are buying thousands and thousands of houses in many major markets across the US and expanding rapidly. And they have many traditional real estate investors frightened! This video delves deep into the subject and how iBuyers will impact small real estate investors.

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