Dictionary

iBuyer en · NOUN

Etymology

Blend of instant + buyer. First attested in 2017.

Meanings

1. A company which offers to buy real estate (usually residential) quickly for cash, often without the level of due diligence exercised by traditional buyers and using computer algorithms to determine price.
   • So iBuyers - these are companies like Opendoor, Redfin and Zillow. And they started doing this a few years ago - buying homes. 2021 November 8, Stacey Vanek Smith, “iBuyers, Zillow, and 'the lemons problem'”, in The Indicator from Planet Money, via NPR:

Forms

Relateds

iBuying