DALLAS—Homebuying is notoriously synonymous with stress and most importantly, cash on hand. With the real estate market becoming increasingly competitive, cash buyers are beating out those who don't have access to immediate cash.
But that is changing with Ribbon's expansion to Texas. Now, homebuyers have the ability to make a non-contingent all-cash offer to sellers, ensuring a guaranteed close and less stress for both sellers, agents and buyers.
"With low-interest rates, many are looking to purchase a home, creating a significantly competitive market," said Shaival Shah, CEO and co-founder of Ribbon. "Entering Texas gives us an opportunity to assist more real estate agents help homebuyers find their dream homes, giving them the ability to make cash offers when necessary so as to create an equal opportunity for all to purchase a home."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.