The vast majority of homesellers, particularly those in younger generations, would likely consider selling to a real estate company that buys homes directly from private sellers online, known as an iBuyer.
That’s according to a survey from iBuyer Opendoor, which collected data via web-based survey firm Qualtrics from 1,290 people 660 buyers and 630 sellers nationwide who are planning to buy or sell a home in the next 12 months. The survey period was from November 30, 2020, to December 11, 2020.
According to Opendoor’s National Real Estate and Consumer Trend Report, 71 percent of seller respondents said they were likely to consider selling their home to an iBuyer. That figure goes up to 80 percent for millennials (those aged 24-39) and 75 percent for those in Generation X (aged 40 to 55). Only 47 percent of baby boomers (aged 56 to 74) said they were likely to consider selling to an iBuyer.