Two leading iBuying companies - Zillow and Opendoor - are paying home sellers close to market prices, according to a study by Mike DelPrete, a leading real estate industry author and analysts. The study looked at 20,000 transactions and determined that the iBuying firms charged a 6% to 9% fee vs. the typical 5% to 6% commission paid on most home sales.
“You can say pretty conclusively that iBuyers are making fair offers on the homes they buy,” said Mr. DelPrete.