iBuying

Over the past three years, iBuying has exploded onto the scene. While the overall percentage of homes bought and sold over the Internet remains relatively low -- about 1% of the 1.6 trillion dollar real estate market -- those numbers have doubled annually since 2017.

With start-ups like Opendoor raising huge amounts of outside capital and leveraging big-time debt, iBuying doesn't seem to be going anywhere soon (impending recession notwithstanding); but, is iBuying really a disruption, or is it a step towards the next big shake up in real estate?

These pages will take a look at the history of realty, how we got to iBuying today, its affect on underwriting, and, finally, we'll take a look at what some of the overlapping disruptions may be that lead to a much deeper disruption in the real estate marketplace.