iBuyer

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noun

A company which offers to buy real estate (usually residential) quickly for cash, often without the level of due diligence exercised by traditional buyers and using computer algorithms to determine price.

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Meanings

nouniBuyer (plural iBuyers)

plural iBuyers

  1. businessA company which offers to buy real estate (usually residential) quickly for cash, often without the level of due diligence exercised by traditional buyers and using computer algorithms to determine price.

    So iBuyers - these are companies like Opendoor, Redfin and Zillow. And they started doing this a few years ago - buying homes.

    2021 November 8, Stacey Vanek Smith, “iBuyers, Zillow, and 'the lemons problem'”, in The Indicator from Planet Money, via NPR

Origin

Blend of instant + buyer. First attested in 2017.

Full word history & related roots →
Cite this entry
APA

iBuyer. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/iBuyer

MLA

“iBuyer.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/iBuyer. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “iBuyer,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/iBuyer.

Source: iBuyer on Wiktionary, CC BY-SA 4.0.