Key Industry Terms
What is an iBuyer?
Understanding iBuyers within the ExpressOffers Platform An iBuyer, or "instant buyer," is a specialized entity that leverages advanced technology, including data analytics and proprietary algorithms, to make immediate, as-is purchase offers on homes. ...
What is Gross Rental Yield?
This is a method to evaluate or compare properties quickly. The Gross rental yield for your rental property is its annual rental income divided by your property’s value/price (multiplied by 100 to get the percentage). The property’s price is ...
Understanding Cap Rate in Residential Real Estate
The Capitalization Rate, commonly referred to as Cap Rate, is a critical concept in residential real estate investing. It's a metric that provides insights into the potential rate of return on a real estate investment property. The Cap Rate is ...
Understanding ARV Percentages
When we talk about 70-80% of the After Repair Value (ARV), we're essentially discussing the profit margin an investor aims for. This percentage serves as a guide, not a rigid law, and individual investors may adopt strategies that seek more or less ...
Understanding After Repair Value (ARV) in Real Estate Investments
What is ARV? After Repair Value (ARV) is a forecast of a property's market value after undergoing all necessary repairs and upgrades. It's vital for agents, investors, and homeowners to assess the potential profitability and value enhancement of a ...
What is a Buy Box?
The Buy Box is a list of criteria that a property must meet to qualify for purchase. These criteria can include broad basics like location, property size. Our ExpressOffers platform has validation matching, once you submit your property our matching ...
Popular Articles
Configure Gmail to Send As your eXp Email - US/CA Only
Note: This will NOT change where you RECEIVE emails from your @exprealty.com, @expcommercial.com, or @expreferral.com email address. To change the email account where you RECEIVE emails from your eXp address, please follow these instructions: How to ...
What is ExpressOffers?
What is ExpressOffers ExpressOffers®, exclusive to eXp Realty, simplifies selling by connecting sellers with a network of investors for quick, as-is sales. This platform offers swift, competitive proposals without hassle of fixing up, staging or ...
How do I get certified with ExpressOffers?
You need to take the following ExpressOffers on demand training classes to become a certified ExpressOffers agent: 101 - Core Concepts 102 - Disclosure & Mechanics ExpressOffers Platform Demo ExpressOffers Certification: this is where you receive ...
What is an email alias and how can I log into my eXp email?
An email alias is simply a forwarding email address. The mail server simply forwards email messages addressed to an email alias on to another, the specified email address. So in your case, when email is sent to firstname.lastname@exprealty.com, it ...
How do I create my FREE expressoffers.com agent URL?
You can create your ExpressOffers agent URL by yourself and start using it immediately in your marketing efforts! This free tool gives you a unique web page to share with potential sellers interested in getting a cash offer. The seller can then enter ...