Can I submit a HUD foreclosure to ExpressOffers?
Yes, however, when looking at HUD deals, pay attention to the offer restrictions of the other listing or on the HUD foreclosure website. Typically, the first 7 to 21 days are reserved for owner occupied offers ONLY. Investor offers will only be considered after this period has expired. We can NOT submit HUD properties to our investors for an offer until AFTER that period has expired. Additionally, many of our iBuyers have staff dedicated to watching these sites. You would be much better served finding sellers in your local market that may need an ExpressOffers option.
What is ExpressOffers?
ExpressOffers What is it? ExpressOffers is our proprietary iBuying software platform that connects eXp Agents to our marketplace of Institutional Investors (iBuyers). You identify properties for the investors using their Buy Box criteria and receive ...
Texas State ExpressOffers Procedures
Situation 1: Do you have this property already under a Listing Agreement? YES: STOP. Reach out to your Managing Broker. All ExpressOffers MUST represent the iBuyer, Intermediary may not be used. Listing Agreement will need to be terminated. NO: ...
Colorado ExpressOffers Procedures
Jes and I created a video to explain why we have to do the procedure this way. Watch it here. Situation 1: You found an off market property that would be a candidate for the ExpressOffers program: Check to ensure the property completely fits a Buy ...
Is there a limit to the number of properties I can submit?
YES. Agents are encouraged to do their homework on the properties before they submit to the ExpressOffers software platform for consideration. You are allowed to submit 3 properties a day. These properties must fit the buy box exactly AND make sense ...
What are the basic steps for submitting a property to ExpressOffers?
These are the basic steps for the following situations. Each state is governed by its own forms, contracts, agency and license law. ExpressOffers Basic steps ( off market property): Check the Buy Box to make sure that your property matches all 10 ...