'IBuyers' like Opendoor and OfferPad could boost sales, reduce commissions

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Dive into the latest Technology affecting RE, July 17, 2018

Platforms like Opendoor and OfferPad could drive Americans to move more frequently, resulting in more home sales, according to a report from investment banking firm Evercore ISI. Such companies, which the report terms “iBuyers,” use new technology to make quick offers on homes and close in days.