This Could Put Home Flippers Out Of Business
iBuyer programs from Zillow and Redfin are taking advantage of home sellers by offering property owners a significantly below-market offer, all cash and a quick close. Zillow and Redfin will then renovate the home, in essence becoming a home flipper, and will put the house back on the market for a large profit, leaving the original homeowner out of a lot of potential profit. Compass Concierge helps homeowners by paying the upfront costs to fix up and renovate their property to improve the home's value and to give homeowners more money for retirement and savings.