RedfinNow's model, known as iBuying, will test homeowners' appetite for fast sales in a sellers' market. The company is the first major iBuyer (the “i” stands for “instant”) to buy and sell in Seattle.
source https://www.seattletimes.com/business/real-estate/redfin-is-first-major-ibuyer-to-sell-in-seattle/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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