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Ribbon, Now Powered by Ribbon, Relaunches Product in Atlanta and Charlotte Real Estate Markets, Bringing Competitive Advantage to Buyers, and Certainty to Sellers

Ribbon, Now Powered by Ribbon, Relaunches Product in Atlanta and Charlotte Real Estate Markets, Bringing Competitive Advantage to Buyers, and Certainty to Sellers
August 16, 2023
8 min read
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Ribbon, powered by Ribbon, announces today that RibbonCash – its pioneering cash offer solution – has relaunched in Atlanta and Charlotte.

As one of the pioneers of powerbuying solutions, Ribbon has considered Atlanta and Charlotte as its historical home base, driving the company’s success since its founding in 2017. Ribbon’s product reached around 2 percent of the overall closings in the Atlanta market in 2022, an achievement indicative of the appetite for homeownership.

“The Ribbon and Ribbon teams could not be more excited to announce the return of RibbonCash to Charlotte and Atlanta,” said Jarred Kessler, CEO of Ribbon.

The Southeast in general remains competitive according to Bankrate’s Housing Heat Index. According to the index, despite price declines elsewhere in the United States, the Southeast has held steady due to comparatively affordable prices. Ribbon aims to tap into this reality for everyday homebuyers who seek ways to achieve homeownership for themselves or their family.

“We believe the Southeast maintains a culture of homeownership that withstands shifts in the market. Mortgage rates and inventory may ebb and flow, but achieving homeownership - and seeking the leading tools to compete - has not,” Kessler said.

“We continue to be bullish on Atlanta, Charlotte, and the Southeast overall.”

By working with real estate agents and loan officers, and not competing with them as a direct-to-consumer offering like iBuyers, Ribbon sustains its reputation for empowering the real estate ecosystem.

Ribbon acquired the assets of Ribbon in 2023. Both Ribbon and Ribbon have forged strong partnerships in residential real estate by using best-in–class technology that connects consumers with loan officers, real estate agents, and other participants in the homebuying and home selling experience.

Together, Ribbon and Ribbon are ushering in a new chapter for the real estate industry, creating a one-stop shop for financial solutions that serve homeowners, buyers, and sellers across the country.

Ribbon, Now Powered by Ribbon, Relaunches Product in Atlanta and Charlotte Real Estate Markets, Bringing Competitive Advantage to Buyers, and Certainty to Sellers
August 16, 2023
8 min read

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