Get Started

Pricing

Our Plans

Flexible plans that put you in control and guarantee closing

CURRENT HOMEOWNERS

Buy Before You Sell

Ribbon reserves the buyer's new home so they have time to obtain their mortgage
Learn more
First-Time Homebuyers

Offer Upgrade

Give your client the most powerful offer in real estate
Learn more
ALREADY UNDER CONTRACT

Deal Save

Save your client's home from falling out of contract
Learn more

Transparent pricing, known upfront.

Your client will pay a small transaction fee at closing in addition to rent while we hold the new home.
North Carolina
SOUTH Carolina
TENNESSEE
GEORGIA
TEXAS
RIBBON RESERVES
RIBBON RESERVES
Buy Before You Sell &
Offer Upgrade
2.0%
2.0%
2.4%
2.4%
2.0%
1.0%
1.0%
1.0%
1.0%
1.0%
BUYER FINANCES
Deal Save
3.0%
3.0%
3.0%
3.0%
3.0%
FAQ

Frequently asked questions, answered

How much does it cost?

A transaction fee of 2-3% as well as pro-rated rent on the new home until it's repurchased. The cost varies by state and which service is being used. Visit the Buy Before You Sell, Offer Upgrade and Deal Save pages for more information.

How is the transaction fee paid?

The fee will be fully negotiated on the purchase contract and allocated to Ribbon at closing. The Ribbon fee is added into the buyer's earnest money deposit (and/or DD deposit in North Carolina) when submitting the offer. Instead of deducting the buyer's deposits from the purchase price at closing, Ribbon will just absorb the deposits on the final closing statement.

What if the offer is not accepted?

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

Do I have to pay two sets closing costs?

While two sets of closing costs exist, Ribbon 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 Ribbon). 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?

If the buyer secures financing and purchases the home, the transaction fee is reduced to 1% for reserving the home and providing security.

How does rent work?

Rent is based on the carrying costs of the home (our financing fees, insurance, taxes, HOA fees etc) however this does not cover renter's insurance. Rent is charged from the day the home is purchased by Ribbon until the date the buyer repurchases it back from us, pro-rated by the day. A security deposit is not required.

What if the buyer doesn't repurchase the home?

In this case, your buyer is still in their lease, but Ribbon may need to sell the home to another landlord. Our Ribbon guarantee is that we will purchase the home after the inspection period (or Due Diligence in North Carolina). If you decide that you no longer want the home after this period, then the total amount due to Ribbon will be the Ribbon fee, due diligence money (if applicable), earnest money deposit, and 2 months rent (or fulfill 6 month lease).