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  Written by Bailey Peterson

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  Edited by Jessica Johansen

Written by Bailey Peterson

Bailey Peterson is a Product Manager at Clever Real Estate, where he helped lead content strategy for Real Estate Witch and its sister brands. He's an authority on real estate commission rates, home selling costs, and flat fee MLS companies.

Edited by Jessica Johansen

Jessica Johansen is a Content Editor for Real Estate Witch and its sister publications in the Clever Real Estate family of brands. She specializes in editing articles on real estate commission rates, selling without a realtor, and foreclosed homes.

iBuyers offer cash payment on a lightning-fast timeline and, unlike the mildly unsavory cash buyers who put up “We Buy Houses for Cash!” signs next to highway off-ramps, present a modern, hi-tech image straight out of Silicon Valley.

However, you’ll likely pay a premium for the convenience that iBuyers offer. In addition to the service fee, you should also be aware that the offers they provide will likely be less than what you can get on the open market.