Ribbon home buying program

[Jeff Fountain]

Does anyone know the validity of the the RibbonHome buying program? https://www.ribbonhome.com Do you know of anyone who has used it and if so, did he or she have a positive experience? 

I have a good friend struggling to get an offer accepted on a new home purchase in Florida. We all know the market is extremely aggressive and competitive in the state. Her realtor recommended the program so thought I would try and reach out to the great biggerpockets community and inquire.

For those that don't know, the RibbonHome buying program comes in, pays all cash for the property, and you in turn pay a fee in addition to buying the home from them. The obvious advantage is the all-cash purchase by someone who has the capital to make such an offer. I have done almost no research to this point but was curious enough to throw it on our forum and see if anyone has experienced it. 

Thanks in advance for responses.