Ribbon makes massive cuts, leaving fewer than 30 workers
In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the company had laid off workers and would now 'be a company of less than 30 people'
by Jim Dalrymple II Nov 21
Ribbon suspends cash offer service, working on new tools for spring
The New York-based power buyer had been purchasing homes on behalf of RibbonCash clients who were unable to close a deal with their own financing
by Matt Carter Nov 11
Ribbon expands footprint in Arkansas, Colorado and Illinois
In Hot Springs, Arkansas, Ribbon will work with agents at Crye-Leike, which also partnered with Ribbon when it launched services in Alabama
by Matt Carter Oct 5
Ribbon back in expansion mode with push into Illinois and Michigan
Less than 2 months after layoffs, the power buyer is now in 17 states and says it's still on track to meet a goal of being operational in half of the US by the end of the year
by Matt Carter Sep 15
CoStar, Adena Hefets take top Inman Innovator awards at ICLV
Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at Connect Las Vegas on Friday
Ribbon slashes one-third of workforce to adjust to 'new reality'
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
by Matt Carter Jul 28
Ribbon partners with Coldwell Banker Heritage for Ohio launch
Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states
by Matt Carter Jun 8
Power buyers: What to know about real estate’s buzziest new buyer tools
The innovation wave has hit the buy-side, with power buyers emerging as this year's buzziest business model. Here's everything you need to know to power up your clients' purchasing prowess
by Marian McPherson Nov 29
Ribbon jump-starts 2022 expansion push with 2 new markets
The homeownership startup has December and January launches planned for markets in Alabama and Virginia. The company plans to be in 25 states by the end of next year
by Marian McPherson Nov 19
Ribbon raises $150M round, vows to expand into half of US by 2023
Currently, the homeownership startup operates in North Carolina, South Carolina, Tennessee, Georgia, Texas and Florida
by Libertina Brandt Sep 15
'We're turning every consumer into an iBuyer': Ribbon CEO
The founders of two cash-offer companies — Ribbon's Shaival Shah and Homeward's Tim Heyl — discussed how they are working to 'empower' agents at Connect Now
by Matt Carter May 18
Cash offer startup Ribbon launches appraisal protection service
The company will now cover the difference for under-appraised homes purchased through its RibbonCash Offers service
by Marian McPherson Apr 28
Cash offer startup Ribbon raises $330M in cash and debt
Ribbon sees itself as a kind of credit card for homebuying and aims to make consumers who need financing more competitive
by Jim Dalrymple II Oct 29
Ribbon will turn any home bid into an all-cash offer
The tech startup, backed by a Trulia co-founder, is live in Charlotte and plans to expand into 12-15 markets in the next year
by Emma Hinchliffe May 14