I was doing some research today (I'm very new to the industry) and read an interesting article about iBuying. I was curious to see what everyone's thoughts were with more experience in the industry. Click here for link to article. Is this something to worry about? How do you foresee this impacting people within the industry?
I would only be worried about it if I were a shareholder in one of those iBuying companies. They can probably make money in an upmarket, but as soon as demand softens, I predict several will go bankrupt.
Thank you @Greg Scott !