What Is an iBuyer? Kitsap Peninsula Expert Bre Enbom Explains

If you’re considering selling your home on the Kitsap Peninsula, you may have heard the term iBuyer. But what exactly does it mean, and how does it work? Local real estate expert Bre Enbom explains what iBuyers are, how they operate, and whether this modern selling option is right for homeowners in Bremerton, Silverdale, Poulsbo, Port Orchard, Bainbridge Island, and Gig Harbor.

Understanding iBuyers

An iBuyer is a company that uses technology to make fast, cash offers on homes. These companies aim to simplify and speed up the selling process by reducing the traditional complexities of listing, marketing, and negotiating. Popular iBuyers include Opendoor, Zillow Offers, and RedfinNow.

iBuyers typically provide:

• Quick cash offers based on automated valuation models (AVMs)
  
  

• Faster closings, sometimes within a week or two
  
  

• Convenient selling experience with fewer showings and negotiations
  
  

Advantages of Using an iBuyer

• Speed and convenience: Great for homeowners who need to sell quickly or avoid the traditional listing process.
  
  

• Certainty: Sellers receive a guaranteed offer without worrying about buyer financing falling through.
  
  

• Fewer contingencies: iBuyers often purchase homes “as-is,” reducing repair or inspection negotiations.
  
  

Considerations Before Selling to an iBuyer

• Potentially lower sale price: iBuyers may offer less than market value to account for fees and reselling costs.
  
  

• Service fees: Companies typically charge a service fee ranging from 5–10%, which can be higher than traditional agent commissions.
  
  

• Market limitations: iBuyers may not operate in all Kitsap Peninsula neighborhoods or for unique property types.
  
  

Local Expertise Matters

Bre Enbom emphasizes, “While iBuyers can be a convenient option for some, most Kitsap Peninsula homeowners benefit from working with a local Realtor® who understands neighborhood values, market trends, and can maximize your home’s sale price.” Traditional selling strategies often yield higher returns, especially in desirable areas like Bainbridge Island waterfronts or Poulsbo family neighborhoods.

Next Steps

If you’re considering selling your Kitsap County home—whether to an iBuyer or via the traditional market—consult Bre Enbom, Kitsap Peninsula real estate expert, to explore all options. She provides personalized guidance, local market insight, and strategies to get the best value for your property.