Valley home buyers and sellers are increasingly using online “iBuyer” services, much to the chagrin of local real estate agents.
Some of those agents say customers are missing out on a knowledge base not easily replicated by internet- based services that look to swallow up market share in the Phoenix market.
According to a new report, Phoenix was among the prime targets for iBuyers such as Zillow and Opendoor from data collected for the second quarter of this year. The report, from Zillow, said iBuyers took up “a market share of 5% or more” in places like Phoenix, Atlanta and Dallas.
