Key Highlights
- com’s new Seller’s Marketplace offers sellers information about options and information for selling their home
- com created partnerships with iBuyers to offer sellers side-by-side comparisons of listings
Building upon their earlier partnership with EasyKnock to offer realtor.com customers the option of finding out the value of their homes without having to move in the midst of the COVID pandemic, realtor.com created partnerships with additional iBuyers to offer their customers even more home selling options. The reality of all these iBuyer partnerships is realtor.com’s new Seller’s Marketplace.
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Realtor.com’s Seller’s Marketplace offers home sellers side-by-side comparisons of listings and connections with Opendoor, EasyKnock, HomeGo and WeBuyHouses.com. Home sellers merely enter basic information about their homes to Seller’s Marketplace (such as number of bedrooms, number of bathrooms, square footage, year the home was built, specific amenities, renovations/updates, lot size, etc.) With this information, sellers are then given side-by-side comparisons of sale price estimates, timelines and more with no upfront cost or commitment to any of these iBuyers.
David Masters, director of product management at realtor.com, said, “Seller’s Marketplace is a one-stop-shop for home selling information, resources and connections. Rather than becoming an iBuyer ourselves, realtor.com aims to be a trusted and unbiased source that points consumers in the right direction and enables them to make the right decisions for their home and their family.”
Seller’s Marketplace provides information about various iBuying and sale-leaseback programs to sellers. Sellers are given “instant offer” options via the partnering iBuyers, information about and access to home equity, selling a house “as is” and selling a house with an agent and listing it on the market “traditionally.”
According to Jeremy Brandt, CEO of WeBuyHouses.com, “The new realtor.com service empowers homeowners with information about selling alternatives and helps them to understand which option might work best for their situation.”
Thanks to realtor.com and HousingWire.
Also read: Home Sales Seen as Only Bright Spot in Economy, Will the 2020s Change Now We Buy Homes?, Tappable Home Equity Hits Record $6.5T in Q1 2020
