Offer/bid process
When you’re ready to make an offer on a home, your agent will initiate an offer request to our team. We aim to respond with next steps within a few hours to ensure that our offer is as competitive as possible.
Here’s what you can expect once Divvy receives an offer request:
- Our team will determine if the home meets our eligibility criteria and then come up with the best possible price.
- We’ll send you a document, called the Divvy Home Proposal, with important details on the offer and request your permission to move forward.
- As soon as we have your consent on the offer price, we'll sign the offer documents to extend an offer to the seller.
- From there, we expect to receive an indication of interest from a seller within 24-48 hours. Sometimes a negotiation follows, but ideally we have a firm decision in under 72 hours.
Closing process
Once our offer is accepted by the seller, Divvy will move forward with an in-person evaluation of the home to ensure everything is up to our standards. This process is standard on any home purchase and typically lasts between 5 and 14 days.
Assuming the home passes our evaluation process, the remainder of the closing process (title review, submitting your initial payment, reviewing and signing your lease) will usually take 7-10 days.
Once closing is completed, it’s time to move into your new home!
Ready to get pre-qualified? Apply here! Or, learn more about how it works!