111–120 of 310 posts
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Other relators do not put their fee pricing on their websites so we decided to follow suit. We have the same pricing model - negotiable. But we provide better service.
> But we provide better service. How would a prospective customer know that?
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The 6% fee was paid by the sellers, not the buyers. Buyers didn't pay anything to the agents. But even then, the buyer's agents would "refund" the buyer ~2% of the fee as a cashback incentive to use a specific agent. but recently, the rule changed so the sellers are only required to pay the 3% fee to the seller's agent and buyers need to negotiate their own deal with the buyer's agent. Currently, there are many broke…
>The 6% fee was paid by the sellers The buyer is the only source of money. The rest of it is just a shell game.
We say the person who makes the choice for the purchase is the one who paid for something… the seller signs the contract with the agent, so they are the ones paying.
Earlier quoted context omitted.
The 6% fee was paid by the sellers, not the buyers. Buyers didn't pay anything to the agents. But even then, the buyer's agents would "refund" the buyer ~2% of the fee as a cashback incentive to use a specific agent. but recently, the rule changed so the sellers are only required to pay the 3% fee to the seller's agent and buyers need to negotiate their own deal with the buyer's agent. Currently, there are many broke…
> The 6% fee was paid by the sellers, not the buyers. Buyers didn't pay anything to the agents. It’s the buyer’s money, which becomes the seller’s money, which gets paid to the agents. Realtors need to stop lying about who pays the fees.
If the seller uses 10% of the sale price to buy a boat, are you going to say that the house buyer bought the boat?
I am skeptical but optimistic. At the very least, this introduces another avenue to let competition drive down realtor pricing. I would like to see a realignment of incentives. Getting a cut of the sale price is just good for the agents' bottom line, but not good for the buyer or seller. The problem is the monopoly realtors have. Regulate it better, or break it up, and the market can definitely handle the rest.
Hey, can you send your AI agent over to this house I'm looking at and measure out the bedrooms for me? Also, there's tile in the kitchen; was it laid correctly (tile under baseboard) or was it laid badly (burying the bottom of the baseboard)?
I am actually your target market. We are looking to buy a house early next year. But, one thing that put me off is that you don’t list what fees you charge, is it flat rate or a percentage, ..etc. In the FAQ I see this but no mention of the standard terms of the buyers agreement: > Do I need to sign a buyer agreement? > We will let you know if you need to sign a buyer agreement. You will for sure need to sign a buyer…
Other relators do not put their fee pricing on their websites so we decided to follow suit. We have the same pricing model - negotiable. But we provide better service.
Some examples from the market we are looking in.
1. Flat fixed fee and refunds extra: https://arrivva.com/
2. Minimum 1.25-1.5% but refunds 50% of any commission paid above: https://www.walawrealty.com/buy
Minimum for me to work with a company is transparent pricing. Even a range based on levels of service is cool. But, I am not going to waste time on a phone call with no clue as to fee structure.
I am actually your target market. We are looking to buy a house early next year. But, one thing that put me off is that you don’t list what fees you charge, is it flat rate or a percentage, ..etc. In the FAQ I see this but no mention of the standard terms of the buyers agreement: > Do I need to sign a buyer agreement? > We will let you know if you need to sign a buyer agreement. You will for sure need to sign a buyer…
Other relators do not put their fee pricing on their websites so we decided to follow suit. We have the same pricing model - negotiable. But we provide better service.
Transparency is a killer feature for realtors that would set them apart from the masses. AI is a nice to have feature.
> We have the same pricing model - negotiable
Nobody wants to start off with an adversarial discussion with the person they are trying to hire to help them.
Also, I'll point out that on your front page, you say:
> We are more responsive (24/7), provide better service, and offer better prices.
But here you are saying you offer the same prices.
People like people. And people want to be sold on things by other people. You won't ever replace that. AI can help massively with paperwork involved. But at the end of the day there will always be a human holding people's hands through the home buying process because that's what they want.
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>> Realtors are paid on commission which means that they want to transact high and immediately This is either naive or disingenuous. Do the math; realtors want to close fast but don't really care about the price the way the buyers and sellers do. The commission difference on a significant gap is not worth losing the deal.
Also, a huge percentage of deal volume comes from referrals. Successful realtors don't become so without thinking long-term.
I am actually your target market. We are looking to buy a house early next year. But, one thing that put me off is that you don’t list what fees you charge, is it flat rate or a percentage, ..etc. In the FAQ I see this but no mention of the standard terms of the buyers agreement: > Do I need to sign a buyer agreement? > We will let you know if you need to sign a buyer agreement. You will for sure need to sign a buyer…
Other relators do not put their fee pricing on their websites so we decided to follow suit. We have the same pricing model - negotiable. But we provide better service.