RealScoreTM
Strong offers
Our goal is to have every offer we deliver to sellers be green-rated. However, to maintain trust in the system, we will always include the true rating, good or bad, with the offer.
Initially, we will work directly with buyers to strengthen their offers if they are risky, either through diversification, time-to-close, or other strategies. There will be an interactive portal for buyers to see their RealScore for any offer in real-time.
This early market feedback will dictate our automation priorities for producing a feature that scales to a high volume of buyers.
RealScore
by RealOpen
This offer is extremely unlikely to be affected by volatility.
RealScores are calculated using a combination of:
Diversified portfolio of coins
Holdings in excess of offer
Additional assets as collateral
7-day closing minimizes risk
Excellent
Fair offers
Whenever our model indicates that there is a low to medium chance that an increase in volatility could surpass the buyer's initial crypto holdings and additional collateral during the closing window, the offer gets a "fair" rating.
Because of a 7-day time-to-close by default, and because by default the seller keeps their earnest deposit if the buyer's funds fall through, it may still be advantageous for a seller to accept a "fair" offer. RealOpen agents will communicate this to sellers.
A property with a high DOM (days on market) might be more willing to accept a "fair" offer as well.
RealScore
by RealOpen
This offer could be affected if volatility increases.
RealScores are calculated using a combination of:
Diversified portfolio of coins
Holdings in excess of offer
Additional assets as collateral
7-day closing minimizes risk
Fair
Risky offers
Whenever our model indicates that if recent volatility trends continue an offer will likely have to be pulled, then the offer gets a "risky" rating. This still accounts for additional cash collateral, as well as whatever buffer over the offer price the buyer holds in crypto, so most legitimate offers will seldom qualify as "risky".
Just as with a "fair" offer, because of a 7-day time-to-close by default, and because by default the seller keeps their earnest deposit if the buyer's funds fall through, it may still be advantageous for a seller to accept a "fair" offer. RealOpen agents will communicate this to sellers.
RealScore
by RealOpen
This offer may be affected by current volatility.
RealScores are calculated using a combination of:
Diversified portfolio of coins
Holdings in excess of offer
Additional assets as collateral
7-day closing minimizes risk
Risky