Find Best iBuyer Companies Near You

Get connected with reputable real estate iBuyers in a few clicks!


National Directory of Real Estate iBuyers


National Directory of Real Estate iBuyers

iBuyers in real estate provide liquidity to sellers in the property market. Instead of requiring sellers to go through a lengthy listing and sale process, home iBuyers execute instant home purchases by utilizing algorithms to calculate the value of a property and then make an all-cash offer. iBuyer companies generate a profit by getting a relative discount and/or fees on home purchases in exchange for a rapid sale process. While a conventional sale usually generates a higher return for sellers, iBuyers compensate by offering fast liquidity. HouseCashin provides a current directory that lists top-rated iBuyers in your local area, to allow you to find the best iBuyers for selling them property online.

Frequently Asked Questions

The term iBuyer stands for “instant buyer”. These companies are known as “instant” online house buyers due to their ability to provide homesellers with same-day all-cash offers. Most iBuyers are AVM iBuyers and utilize an Asset Valuation Model (AVM). AVM is a tool used to bring disparate data sources (e.g. county records, tax collectors, real estate purchases, comparable properties, construction permit records) together to provide an accurate sign-unseen valuation of a property. This allows iBuyers to make instant offers on properties. These offers are usually contingent on some follow-up diligence - usually an informal inspection or photos provided by the seller. These photos are then used as confirmatory due diligence. An iBuyer’s valuation algorithm will provide an initial offer value for a property. This confirmatory due diligence then allows an iBuyer to finalize the purchase (assuming the photos don’t reveal, for example, water damage or cracked tiling).

iBuyers make their money by purchasing properties for either a discount or for a fee in return for an immediate offer and a quick closing. Their business model requires them to then resell (or occasionally rent, although this is much less common) the property for fair market value as quickly as possible. Instant home buying is an inherently risky business model for any iBuyer program, as they are exposed, like any other real estate investor, to the risk that the property they purchase

  • has hidden defects
  • might see market-based devaluation or
  • might involve an extremely long sale process.

Most iBuyers utilize real estate brokers to facilitate an iBuying sale process. While a traditional real estate transaction might involve fees of around 5-6% of the total sale price, real estate brokers utilized in an iBuying process will generally cost much less than that. Given the fact that the bulk of the work that a real estate broker normally does is already completed, and that there is only the buyer's agent involved in the transaction, the seller doesn’t pay the normal 5-6% commission. They only pay half - about 3% for the buyer’s agent service. Some iBuyers will charge a percentage based-commission for their services while still purchasing the property for its as-is value. These fees are usually in the 5-7% range. Other iBuyers will make a profit by purchasing a property for a small discount against the fair market value and then relisting the property at the fair market price. iBuyers will also sometimes request that home sellers make repairs prior to closing a transaction. iBuyers are rarely in the business of making renovations, so they want to ensure that properties are move-in ready.

iBuyers essentially allow home sellers to transfer the risk of listing a property (e.g. long listing times, sale fails, uncertain offers) onto an iBuyer in exchange for either a fee or a discounted sale price. The large number of iBuyers currently in the market ensures that this cost to home sellers is usually moderate. iBuyers are absolutely worth the cost for home sellers that need cash fast and are unable or unwilling to deal with the risks and time inherent in a standard home listing process. Using an iBuying service is usually a better home selling strategy than listing a property and advertising as a “motivated seller”.

iBuyers offer enormous benefits for home sellers that need a rapid sale of their home or who are simply unwilling to expose themselves to the risk and hassle of a traditional home sale process. Home sellers who have a contingent offer and simply can’t afford to let their property sit on the market are a great example of sellers that would benefit from iBuying. On the other hand, using an iBuying company means that, after all fees, the seller will have lower total proceeds than if they sold their property for its market price. Further, they also miss out on the opportunity for a bidding war during a hot market.

While both are involved in real estate transactions, an iBuyer actually purchases a property while a realtor simply functions as a broker (middleman) for transactions.iBuyers usually utilize realtors to help execute an iBuying transaction. There is also a big difference between using an iBuyer vs a real estate agent hired for a traditional sale. With an iBuyer the homeowner sells the property fast and doesn’t need to market it hoping to find a buyer with the best offer. In this case, the property is sold for a lower than market price and with higher fees than in a traditional sale. Unlike using an iBuyer, hiring a realtor normally means selling the property for its market value, trying to net the highest possible proceeds. As a rule, this option takes the seller time and out-of pocket expenses to renovate, repair, and market the property, unlike when using a iBuyer.

While iBuyers and house flippers are both involved in generating income from the purchase and sale of property, there are some key differences between ibuying vs home flipping. Unlike house flippers, iBuyers rarely perform significant renovations to a property prior to selling. iBuyers make an offer before visiting a property (and then adjust the fees if the condition of the property is worse than expected), which is not very common for most home flippers. Unlike many investors, iBuyers do not operate through the open real estate market. Instead, they provide all-cash offers to home sellers that come to their websites. However, this approach is also used by regular investing companies.

When evaluating real estate iBuyers, a home seller should carefully check their reviews alongside their fee structure. HouseCashin provides a list of top-rated iBuyers in your location with current reviews and in-depth detail on their services. Because iBuyers are able to provide same-day offers, it also makes sense to entertain offers from at least two competing iBuyers. It can also be useful to have a second iBuyer to ensure that a seller has an alternative if their first process falls through.

Are You a Credible Real Estate iBuyer?

We are always looking for reputable real estate iBuyers for our national preferred vendor directory. If you own or work for a credible real estate iBuyer company that offers quick home buying services, apply to get listed in our popular vendor directory!