Despite the super competitive 2021 market, it still looks like Q2 will bring a boom of first-time buyers. It's been quite a year, and people are itching to move out of smaller spaces and get some equity by buying property.
With low interest rates and record-setting sales, every buyer and realtor in Georgia is getting ready; are you?
In 2020, first-time home buyers made up 33% of the buying market and that's expected to grow this year. With older and younger millennials looking to become first-time buyers and a huge shortage of inventory, it's the most downright competitive thing we've ever seen. This is why all realtors need to know about Ribbon.
As the U.S. housing market enters what could be the busiest quarter in a decade or more, Ribbon has entered as a resource to bring clients the absolute best experience possible and best shot at getting their dream homes - with cold, hard cash.
Georgia is one of the hottest real estate markets in the country right now; according to Atlanta Agent, pandemic times have translated to record-low inventory, leading to "multiple-offer frenz[ies] not seen in the last 15 years or more." The average amount of days on the market is also declining, and with Ribbon, your clients will get access to the coveted all-cash offer.
Once you sign up for Ribbon, you can give your clients non-contingent, all-cash offers with fast close dates. With a higher percentage of sellers preferring (or requiring) all-cash offers than ever, this gives your clients the biggest advantage in the game.
All of a sudden, you've got the strongest offer. Agents using Ribbon in the buying process have a 90% chance of having their offer accepted. Ribbon has a team of dedicated customer success representatives available to agents so you can get families into homes faster.
Ribbons also offers The Flexible Move-In Program, which means they purchase on behalf of the buyer until the client can repurchase the home back, within 6 months.
Ribbon charges no fee to real estate agents and with guaranteed closing, it's a no-brainer. If you're curious, check it out before the Spring boom!