A software platform for your off-market real estate proeprties where buyers and sellers can quickly list, manage, and communicate effectively for a faster and more transparent sale. Since there are no commission fees, most properties are listed at least 6-10% below market value.
We currently support all iPhones with iOS versions 9.0 and later and any Android devices with 6.0 (Marshmallow) and later.
No. Offerfast does not charge any fees to buy or sell from our platform.
Offerfast does not allow any piggybacking of properties that are not owned or assigned to lister. We reserved the right to cancel any piggyback listing flag by users.
No. If you need help with the real estate documents, we can recommend you to a licensed real estate attorneys and agents who will walk you through the contract to make sure everything is correct, and all the terms are covered.
You will need to negotiate your commission with the buyer or seller on your own. There is no place within the app to add your commission.
List price and negotiated purchase price will be the net amount due to Seller. Buyer is responsible for ALL normal closing costs. Normal closing costs include property taxes, title insurance, escrow fees, HOA fees and any other cost associated with the property.
Earnest money is a deposit made to a seller showing the buyer's good faith in a transaction, and typically, held in a third-party escrow company. It is required with all offers and generally non-refundable. As a buyer, make sure you understand the terms of the earnest money deposit and the circumstances under which you can cancel the contract and retain the earnest money.
Because seller prices are discounted for quick close, most sellers expect the purchase to be made with either cash or a hard money loan. Some sellers may offer financing or outside lending.
Most sellers expect close of escrow date to be about 10 days unless seller is offering financing.
Properties are generally sold in its current existing condition (“AS IS”) with no repairs to be made. Seller makes no warranty to Buyer, either express or implied, as to the condition of the property. Buyer is responsible for their own due diligence and verifying all facts and figures prior to making an offer and purchasing the property.
Creating account with verified email and mobile phone number allows a user to fully access all the features along with built-in communication to instantly notify all users. Otherwise, guest accounts can only view available properties.
Within the app, there are built-in chat messenger to communicate between users and push notification to instantly alert users.
A user will receive an alert when there is a new listing, a chat message, a property shared with you, price reduction on a property in your watchlist, a new offer, and a friend invite. NOTE: A new listing notification can be turn on/off from your profile settings.
If you allow the app to share the device’s address book, then a contact from your address book can be invited as a friend if the contact has an OfferFast account. If the contact is not registered, the contact can be invited to install the OfferFast app. Once the contact accepts your invitation to create an account, the account is automatically invited as a friend.
A friend invite can also be sent by selecting “Add Friend” from the user’s profile. When the friend invitation is accepted, the users become friends.
A group can be added from the Friends menu under the Groups tab. Any number of friends can be added in a group. A group can then be used to share a listing.
In the top right corner of Property Details, there is a drop-down menu. Selecting the menu gives you option to “Share to Group”, “Share to Friend”, and “Share Link”.
From the upper right corner of Alerts view, there is drop-down menu to “Delete All” messages or “Mark All as Read”.