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Pricing

Transparent pricing, known upfront.

When you make a RibbonCash Offer there are three outcomes:

If the buyer closes with their own financing the fee is 1.0%, if Ribbon steps in to reserve the home, the fee is 1.5 - 3.25% in addition to rent while we hold the new home.

If the home is already under contract and Ribbon is needed to rescue the closing, the fee is up to 3.50%.
ALABAMA
ARKANSAS
COLORADO
FLORIDA
GEORGIA
Illinois
Buyer closes with their financing
Ribbon reserves the home
Ribbon Boost &
 Ribbon Reserve
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
2.75%
3.25%*
3.50%
2.75%
3.5%
2.75%
2.0%
1.0%
1.0%
2.40%
2.90%*
3.0%
2.0%
2.0%
1.75%
3.0%
2.5%
1.0%
2.0%
2.5%*
2.5%*
2.0%*
2.25%
2.0%
1.5%
2.75%
3.25%*
2.9%*
2.5%*
2.5%*
2.25%*
2.5%*
3.25%*
2.75%*
2.5%*
2.9%*
2.5%*
3%*
2.4%
Ribbon reserves the  for 6 months
Ribbon reserves the  for 12 months*
Ribbon Rescue
3.0%
2.75%
2.25%
3.25%
3.0%
3.0%
INDIANA
Michigan
Kentucky
north carolina
missouri
1.0%
1.0%
Oklahoma
South Carolina
Tennessee
ohio
1.0%
1.0%
2.75%
3.0%
2.0%
1.0%
3.0%
2.4%
1.0%
Texas
1.0%
2.0%
3.0%
VIRGINIA
1.0%
2.50%
3.25%
*If you purchase the home from Ribbon within 12 months and have paid rent on time, you will receive 0.25% back.
FAQ

Frequently asked questions, answered

What if the home a buyer would like under appraises?

RibbonCash Offers include Appraisal Protection, which protects the purchase of the home even in the event the home under appraises.

How much does it cost to use Ribbon?

An outline of our pricing can be found here.

What is a Ribbon Fee and how is it paid for?

If an offer is accepted, a Ribbon fee is added. It is a small fee paid to us for our work in the offer process.

The Ribbon fee is usually paid in full by the buyer. However, RibbonCash fees may be waived if you obtain a mortgage through one of our partner lenders. You may also negotiate directly with the seller to cover the fee.

What if the home buying offer is not accepted?

There is no fee to pay if the offer is not accepted.

Do I have to pay two sets of closing costs if I am using RibbonReserve?

While two sets of closing costs exist when using RibbonReserve, we will pay customary buyer-paid closing costs on the first transaction and the buyer will pay customary closing costs at the repurchase (when the buyer purchases the home back from us). You will never pay double closing costs.

What happens if the buyer is able to secure financing and purchase their new home before Ribbon’s closing date?

That's great! Since RibbonBoost was used, they would be responsible for a 1% fee, instead of the RibbonReserve fee you'd need to pay if using RibbonCash. Please visit our pricing page here.

How does leasing work while using RibbonReserve?

If a buyer is using RibbonReserve then the daily rate is prorated to the day after we close on the property. We do not charge for closing day, as we do not guarantee funding same day.

The daily rate is determined once we complete the home valuation—and is based on carrying costs of the home, including cost of capital, taxes, insurance, and HOA dues. We do not charge a security deposit.

What if the buyer doesn't repurchase a RibbonReserve home?

A buyer will need to provide 30 days notice. They will be responsible for paying an early termination fee and will also forfeit any excess deposits (over the required fee amount they agreed to pay) at time the offer contract was accepted.