Inman named iBuyer its ‘Person of the Year’

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Inman’s Person of the Year isn’t human at all, but it does represent a phenomenon that sparked the most revolutionary change in the homeselling process since the advent of the MLS.

The label “iBuyer” refers to a group of institutional investors leveraging technology companies to purchase homes instantly from sellers who desire convenience and speed, and who may willingly take a price discount in exchange for a fast sale — in some cases as short as three days.

Last year’s Person of the Year was “the Everyday Realtor.”