From a transaction volume standpoint, the pandemic of 2020 was not kind to iBuyers. Overall volumes and market share are set to drop by 50 percent compared to 2019, a reflection of the iBuyer business model coming to a complete standstill followed by a slow recovery.
Source: Inman News
IBuyer market share set to drop by half in 2020: DelPrete
Published in Analysis, Data, ibuyers, ibuying, mike delprete, opendoor, Opinion, Select, teams, transaction volume and Zillow Offers
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