iBuying in Denver’s Housing Market is in Full Force as Sellers Opt for Convenience Over Profit
The size of the iBuying market in Denver will depend on the desire for that convenience, industry leaders say. Matthew Leprino, with the Colorado Association of REALTORS®, says he’s heard chatter that iBuying could reach as high as 25% of the market in the coming years. “But there are also people who think this is just a flash in the pan and it could be gone next year,” he said. “I don’t see it as something that replaces real estate agents completely, but it does reinforce the idea that if you’re going to be a real estate company in 2019 and beyond, you also have to be a tech company and cater to clients in a way they’re most comfortable doing business.”
Kelly Moye, with Remax Alliance, says its up to agents to not only let their clients know how much money could be left on the table through an iBuying deal, but also to make the transaction as seamless as possible so that the client feels they’re receiving quality service.
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