An iBuyer is a real estate company that uses technology to make quick offers on homes. They typically assess a property's value through algorithms and data analysis, allowing homeowners to sell their houses without the traditional hassles of listing and showing. Once an offer is accepted, the iBuyer usually handles repairs and renovations before reselling the home. This process can be faster and more convenient than traditional home sales, appealing to sellers who prioritize speed and simplicity over maximizing profit.