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Kiplinger
Kiplinger
Business
Patricia Mertz Esswein

The Downside of Selling Your Home with an iBuyer

Model homes on top of stacks of coins.

Let’s be blunt. The traditional way of selling your home is a pain, what with preparing it to look its best, hiring an agent, showing it, negotiating with buyers and starting over when deals fall through.

There’s another option: selling to an iBuyer — short for "instant buyer" — who will purchase your home for cash, eliminating hassle and uncertainty. iBuyers use technology and algorithms to generate quick cash offers, allowing homeowners to sell with minimal effort.

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