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  2. How does the purchase process work?

How does Divvy determine the fair price to pay for a home?

To determine a competitive offer price, we look at number of factors including: 

  • Comparable nearby homes and recent sales in the area
  • Intel from our partner agents on the ground
  • Constant monitoring of market trends and dynamics
  • Our team’s valuable knowledge of the home buying market

In consideration of these inputs we are able to determine the fair market value of the home and create a bidding strategy that ensures we make a competitive offer from the outset. 


Why is this important? 

The price we pay for a home is the most critical factor impacting your monthly payments, initial savings contribution and your purchase price when you’re ready to repurchase the home.


How will this impact my offer strategy? 

Sometimes it might not make sense for Divvy to make an offer on a specific property or we may be unwilling to meet a price demanded by the seller. This could be due to several factors, including:

  • Unreasonable pricing or requests by the seller
  • Condition of the home or its major home systems
  • Market dynamics that inflate prices beyond customer budget constraints

We’ve found that it typically takes more than one offer to secure your perfect home, so we value your patience during this exciting time.

If you are ready to move forward with the process, submit an application to get pre-qualified here. If you want to learn more about Divvy, check out our blog or take a look at our “How it Works” page.