Return of the iBuyers: Opendoor gets back to buying

Opendoor is back in businesses and ready for remote sales. The SoftBank-backed iBuyer, which suspended home purchases in March, said it will resume operations in Phoenix this week. To do so, the company will now do virtual tours. And it’s rolled out a new service called Home Reserve, where it will buy homes on behalf of customers who want to sell their old home first. Opendoor is one of several so-called iBuyers that purchase homes,

source https://therealdeal.com/2020/05/04/return-of-the-ibuyers-opendoor-gets-back-to-buying/