iBuying ramps up after pandemic pause and despite hot real estate market for sellers

After taking a hit during the beginning of the pandemic, iBuying is ramping up with dozens of companies racing to streamline home offers online.

Seattle giants Redfin and Zillow Group to SPAC-backed upstarts Offerpad and Opendoor are all aiming for the opportunity to become a one-stop shop for sellers. Their ambitious plans went on pause last year when the pandemic began as home-buying efforts slowed.