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iBuyer

noun

Etymology

Blend of instant + buyer. First attested in 2017.

  1. derived from *bʰewgʰ-✻
  2. derived from *bʰūgʰ-✻
  3. inherited from *bugjaną✻
  4. inherited from *buggjan✻
  5. inherited from bycġan
  6. inherited from byen
  7. formed as buyer — “buy + -er”
  8. compounded as ibuyer — “instant + buyer”

Definitions

  1. A company which offers to buy real estate (usually residential) quickly for cash, often…

    A company which offers to buy real estate (usually residential) quickly for cash, often without the level of due diligence exercised by traditional buyers and using computer algorithms to determine price.

    • So iBuyers - these are companies like Opendoor, Redfin and Zillow. And they started doing this a few years ago - buying homes.

The neighborhood

Vish — recursive loop

No curated loop yet for iBuyer. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA