What makes a program “Cash Offer Plus”

Three features set this category apart from the iBuyer model. First, the advance is sized to a published appraisal or valuation — not an algorithmic “offer” that becomes the sale price. Second, the program carries the listing risk after the first closing; you're already paid. Third, your agent represents you throughout, including on the retail listing that follows.

Read the PSA carefully: every program defines the “true-up” differently. Zoom Casa forwards 100% of overage above a stated reserve. QuickBuy keeps a share. HomeLight's firm 70% advance draws from a partner-agent listing channel.

ProgramUpfrontWaterfall share to sellerPrimary feeStatesRating
HomeLight Cash Offer70%100% − carry1% + agent comm.266.8Review
Orchard Move First~90% (loan)100% − interest6% + 2.75%55.9Review
Knock Home Swap75% (loan)100% − bridge cost1.25% + bridge interest75 metros6.0Review
Homeward (retail)~74%Up to 100% − 7% cap7.0% and up (min. $17.5k)126.4Review

Structural pros

  • Highest average net proceeds of the four categories
  • Your agent is kept in the deal
  • Certainty of funds at first close without conceding upside
  • Backup listing eliminates the “will it sell” risk

Structural cons

  • Fee stack can hide 150–300 bps vs. a plain listing
  • Monthly carry accrues between first and second close
  • True-up definition varies; read every PSA
  • Only Zoom Casa and HomeLight operate in most states

Run two of these side by side.

The builder compares advance rate, fees, waterfall mechanics, and net proceeds on a sample transaction — swap in your number on the next step.

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