Compete with cash offers. Stand out from the competition.

Become a Power Buyer.

How it works

1

Obtaining a pre-approval from a Power Buyer approved lender to learn the max offer you will qualify for.

2

Find the property you wish to purchase.

3

Power Buyer will work with your lender to determine the max Power Offer price we will support for the property.

4

You and your agent can elect to make an all cash offer and waive financing and appraisal contingency up to the max Power Offer price.

5

If your offer is accepted, you pursue standard financing.

6

If the financing is secured on the closing date with your Power Buyer approved lender you will pay a Power Buyer fee of 1%. If the financing is secured with a lender other than your pre-approved lender the fee will be 2% of the purchase price.

How it works

1

Obtaining a pre-approval from a Power Buyer approved lender to learn the max offer you will qualify for.

2

Find the property you wish to purchase.

3

Power Buyer will work with your lender to determine the max Power Offer price we will support for the property.

4

You and your agent can elect to make an all cash offer and waive financing and appraisal contingency up to the max Power Offer price.

5

If your offer is accepted, you pursue standard financing.

6

All-cash offers win bidding wars

All-cash offers are 4x more likely to be accepted, according to a recent study.

Waive financing & appraisal contingency with confidence.

If you can’t secure financing by closing, we buy the property and then rent it to you. After you’ve secured financing, you can buy it from us at the same purchase price.

Fees as low as 1%

Get the power of an all-cash offer for 1% of the purchase price.

Frequently asked

What does the Power Buyer program cost me?

The fee to use the Power Buyer program is between 1% and 3% of the purchase price. When you make an offer through the program, you deposit 3.0% of the purchase price within 72 hours of executing the purchase offer. If you secure financing on the closing date from your pre-approved lender, Power Buyer keeps 1% as a fee. If you secure financing from a lender other than the pre-approved lender, Power Buyer keeps 2.0% as a fee. If Power Buyer has to buy the property outright, you pay the full 3%.

If I cannot secure financing and I choose to rent property from Power Buyer, how is the rent determined?

Rent is determined as the fair market value plus estimated costs, and is agreed upon upfront, before the purchase contract is signed, so there are no surprises.

Do I have to rent the house from Power Buyer if I am unable to secure financing?

No, you do not. However, if you don’t close on the house, you will lose your 3% deposit, and our team will put the house back on the market.

What if the property fails an inspection?

In the event of the property failing inspection(s), the purchase may be cancelled by our team. In the event that happens, you will get your full 3% deposit refunded, and earnest money deposit returned, as subject to the terms of the purchase contract.