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Exclusive Invite: Manage Multiple Offers with Ribbon - Shared screen with speaker view
Robin Kielar
21:51
Does this have to be a listing we have preapproved with Ribbon or any listing we have?
Regina Davis
25:21
Greetings, I’ve just become aware of Ribbon. How does the engagement work for a buyer? Does it become a rent to own scenario? Please advise. Thank you.
Regina Davis
25:54
yes
Shaival Shah
27:18
Hi Regina, wonderful question. We have several options for your various buyer needs. Yes, we can upgrade buyers to cash and if they can secure their mortgage by closing, we can help them upgrade and win. If they need more time to close (home to sell or needed to close in 14 days to win), we will step in and buy the home on their behalf. You client would pay short term rent and when they are ready to secure their mortgage, rent concludes and we transfer the home to them at the original purchase price.
Chelsea Vanderpool
27:41
just beginning to learn about Ribbon. can this platform replace Dotloop, zipforms, etc...?
Regina Davis
29:17
Thank you Shaival
Chelsea Vanderpool
31:18
how about Android users?
Wei Gan
31:24
Hey Chelsea, Great question! A lot of the agents we work with who already have Dotloop or Zipforms in place will use Ribbon to generate and collect offers since it’s so much faster, there’s an iPhone app to do it on-the-go, you can collect multiple offers… And then once they need to record it for their brokerage, export the documents and put into their document storage system for brokerage compliance.
Wei Gan
32:19
We’re also going to be integrating with these platforms over time. We’ve found this the best way to start because then you don’t need your brokerage to change their software, while you as an agent can use these free, powerful tools.
Wei Gan
33:37
For Android, we’re definitely looking to build for all platforms that Realtors use! 🙏 We would love to stay in touch if you’re interested in being an early user after we develop the app
Johnika Joseph
34:17
Will this work with SC properties as well?
Wei Gan
36:59
Hey Johnika, thanks for your question! As of today, these tools are NC only, but we’re building for other states as we speak with SC prioritized, especially since most of our agents in South Charlotte / Waxhaw do business in SC
Johnika Joseph
37:23
Thank you
Robin Kielar
41:16
Great tool are the Ribbon addenda loaded in the system if we are going Ribbon as purchaser back up
Shaival Shah
42:13
Hi Robin, great question. Yes indeed. All of the Ribbon documents and addenda are automatically included and added!
Sue Kerata
42:27
If a Buyer does Cash through Ribbon Upgrade, can the fee be added to the contract as Seller Paid closing cost? Will the fee be on the HUD?
Chelsea Vanderpool
42:58
Can a buyer agent make an offer without the app, if we're an android user until the play store app comes out?
Shaival Shah
43:04
Hi Sue, yes indeed. We built our pricing model to empower realtors to negotiate the fee into the contract directly via SPCC
Shaival Shah
44:28
mobile web = www.ribbonhome.com from your phone
Shaival Shah
45:50
Listing Agent: Attract and Manage Multiple Offers. And gives the buying agents the option to submit a standard, traditional mortgage-based offer OR upgrade to a cash offer on your listing.
Robin Kielar
46:56
Thanks and great job!
Johnika Joseph
47:04
thank you all
Chelsea Vanderpool
47:04
Thank you.
Barry Yates
47:11
thanks
Eden Kidane
47:12
Thank you! great job
Regina Davis
47:19
Thank you
Joel Hargett
47:20
Thank You
Wei Gan
47:21
Thank you everyone!
Erin Ferguson
47:24
thank you!
Patrick Gorman
47:26
Thank you everyone
Beau Ferguson
47:28
thank you!
JP Morgan
47:35
Thank You!