iBuyers Program Explained
Our iBuyer Program connects cash buyers and investors with off-market and wholesale deals in Evansville and the surrounding Tri-State area. Tell us what you buy, and we let you know when a deal that fits comes in.
Get StartedWhat is the iBuyers Program?
A network of independent investors who set one or more buy boxes and get notified when a deal that matches comes through EDP Realty, a licensed real estate brokerage in Evansville, Indiana.
Set Your Buy Box
Tell us where you buy, what property types you want, your price range, the condition you'll take on and how you pay.
Get Notified About Matches
When a deal that matches your buy box comes in, we notify you by email or text. After you agree to the program terms, you can view the details in your investor portal.
You Decide
You choose which deals to pursue, make your own offers and do your own due diligence. Pass on anything that doesn't fit, at no cost.
Program Benefits
- Off-market and wholesale deals in Evansville and the Tri-State
- Notifications only for deals that match your buy box
- Free to apply and free to receive matches
- No subscription or monthly fee
- One flat $1,500 Program Fee, only on properties you buy
Fee Structure
• Program Fee: A flat $1,500 for each property you acquire through the program, paid at closing
No subscription and no fee on deals you pass on. That is the only fee EDP charges for the program.
Application Process
Joining the iBuyers program takes three steps
Submit Application
Tell us about yourself, how you buy and what you're looking for. Applying is free.
Team Review
Our team reviews your application and may call you to talk through what you buy and how the program works.
Set Up Your Buy Boxes
Once approved, you sign in to your investor portal, set up one or more buy boxes and start receiving matches.
Application Requirements
To qualify for our iBuyers program, applicants should have:
- • Cash or financing in place to close on the deals you pursue
- • Accurate buy-box criteria and entity details
- • Prompt responses when a deal interests you
- • Compliance with applicable real estate laws and regulations
One Flat Program Fee
You pay only when you buy a property through the program
Program Fee
A flat fee for each property you (or your entity) acquire through the program. There are no other EDP charges for using the program.
How it works:
- Free to apply, set up buy boxes and receive matches
- No subscription or recurring fee
- No fee on deals you pass on
- $1,500 per property you acquire through the program, paid at closing
- Usually shown as a line item on the settlement statement
What the Fee Does and Doesn't Cover
Read the full program terms before you apply
Applying, setting up buy boxes and receiving matches are free
The $1,500 is due only on properties you acquire, usually from closing proceeds
Normal third-party closing costs (title, inspections, lender, taxes) are still yours
Creating Your Buy-Box
Define what you buy so you only hear about deals that fit
Multiple Buy-Boxes Supported
Set up as many buy boxes as you need. Each one can target different property types, areas or strategies.
Rental Properties
Buy-and-hold single family homes in the areas you choose
Fix & Flip
Properties that need work, from light cosmetic to heavy rehab
Multi-Family
Small multi-family (2-4 units) or larger buildings (5+ units)
Commercial & Land
Commercial, mixed use, industrial, agricultural or vacant land
Buy-Box Criteria
Location
Property Details
Deal Criteria
Property Matching & Offer Process
From notification to offer - how the process works
Notification
When a deal that matches one of your buy boxes comes in, we let you know by email or text.
Property Review
After you agree to the program terms, you can view the deal details in your investor portal. You do your own due diligence before making an offer.
Respond & Make Your Offer
Mark a deal as interested or pass on it in your portal. If you want it, you make your own offer on your own terms.
Time-Sensitive Opportunities
Many deals in the program are off-market or wholesale and don't stay available for long. Each deal is open for a limited time, so respond promptly when one interests you.
Built for Local Investors
A program run by a local brokerage, for investors buying in our market
Evansville & the Tri-State
Deals come from Evansville and the surrounding Tri-State area of Indiana, Kentucky and Illinois.
Licensed Brokerage
The program is run by EDP Realty, a licensed real estate brokerage based in Evansville, Indiana.
Your Call on Every Deal
You decide which deals to pursue and what to offer. There is no minimum number of deals and no cost to pass.
Ready to Join the iBuyers Program?
Applying is free. Once you're approved and your buy boxes are set, you'll hear from us when a matching deal comes in.
Questions about the program? Call or text Becky at (812) 530-3174, or read the program terms.