This is some of your iBuyer competition and their status in the market:

Opendoor

Reportedly selling 25 houses per day. Raising another $200 million at a $2 billion valuation. Operating in Phoenix, Dallas-Ft. Worth, Las Vegas, Atlanta, Orlando, and Raleigh-Durham — and to expand into new markets.

Zillow

Real estate platform Zillow changed up its business model, announcing that it plans to pourchase and sell homes in Las Vegas and Phoenix. Zillow says it is working with their “premier agents” to handle the listings.

Offerpad

OfferPad has raised $30 million in equity and $230 million in debt. Currently in Phoenix, Las Vegas, Los Angeles, Tampa, Orlando, Atlanta, Charlotte and Salt Lake City. Expanding into Nashville and Houston.

Knock

Knock raised $32.5 million in private equity. They have a “trade-in model” with a presence in Atlanta, Charlotte, Raleigh, Los Angeles, San Diego, Phoenix, Chicago, Miami, Orlando, Tampa and Denver.

Dear Agents and Brokerages,

As difficult as inventory is to get these days, it will get even harder as iBuyers continue to expand their presences. If they’re not yet in your area, they may be soon.

Now you can fight back and become an iBuyer yourself. offerAI empowers any agent or brokerage with a unique URL for our iBuyer site and avoid any compliance issues (See sample on the right). Your URL can be anything you like (www.offerai.com/anyname). You’ll start receiving listing leads as homeowners landing on your URL request assistance from an agent.

offerAI uses a messenger bot to route potential sellers through an interaction that results in either a listing lead or a purchase. Most offers the bot makes will be rejected because they are too low. The user then has an option to connect with an agent to sell on the MLS instead. That’s where you come in! You will receive all of the listing leads from your offerAI page.

So feel free to promote your page as broadly as you can and watch the leads come in. We can even promote your page for you through one of our advertising packages.

Oh by the way, we don’t charge you anything for creating your URL. And we don’t collect any referral fees for the listing leads you earn through your page.

All the best,

Jack Burns, Founder & CEO, offerAI, Inc