Agents in my company are continuing to drop by my office or call me on the phone anxious to discuss the increased presence of a certain type of home buyer popping up in the Nashville and Middle Tennessee real estate market. These buyers are making cash offers for residential properties, sight unseen and close quickly. Who are these crazy people? Well, they are investor-backed companies called “Direct Buyers” or better known to the real estate industry and consumers as “iBuyers.” Many agents are still confused about the iBuyer home buying business model. iBuyers, such (2 comments)
John Giffen is an award-winning real estate broker, manager, agent, author, and real estate educator. He is Director of Broker Operations for Benchmark Realty, LLC, one of the fastest-growing independent real estate companies in North America.
His book “Do You Have a Minute? An Award-Winning Real Estate Managing Broker Reveals Keys for Industry Success” was recently released in paperback and audio formats and is available on Amazon.com and at select book stores. He also writes a bi-monthly column on Inman News covering various industry issues and professional standards of practice impacting REALTORS® and managing brokers.
Author Site: www.DoYouHaveAMinuteBook.com
Blog Site: www.JohnGiffen.com