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What is iBuying? It's not really explained in the article. I'm guessing it's where redfin acts as the agent and facilitates the sales online, but I'm not sure.

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Redfin buys and flips houses themselves.

Interesting, competing with their own customers.

Not too different from what Amazon does: use their own customers' data to crush them in competition.

This is exactly similar to what all retailers do.

Zillow also does this.

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