Well… for now this is just a weblog. I have many plans for this site, but this is the first one to be (almost) built out. All of my past LinkedIn articles are here, and all of my future serious posts will be here. If that costs me eyeballs, I doubt it will tax me […]
Tag Archives: iBuying
My ultimate goal is always excellence – can’t find anything to fix – but my everyday goal is simply better: I want to do better every day, understanding that excellence is worth pursuing even if I never quite manage to catch it. So I want to celebrate the Phoenix iBuyers in that regard: They seem […]
“Understanding #iBuying: As an investment analogy, the #iBuyers’ quest for success would be like an ordinary millionaire buying an apartment community as a loss-leader in order to gain access to the precious on-site vending-machine concessions.” I wrote that a couple of days ago, but I’m not all the way in love with it. It’s plenty […]
Today’s news: #iBuyers have gulled some sellers. Tomorrow’s headlines: Sellers pit #iBuying #iDiots against each other.
The big iBuyer news is the Collateral Analytics paper on the high cost of selling a home to a (fake) bot: “In all, the typical cost to a seller appears to be in the range of 13% to 15% depending on the iBuyer vendor.” That seems like a bold claim, and I think these folks […]
Demography is destiny, and nobody knows that like the hopeful seller of a six-bedroom home. Is that seller an iBuyer? Danged if it ain’t! But no one hopes like a note-holder – and yet there is no reason to project moral hazard in any direction except catastrophic, and iBuying promises to make that all worse: […]