The seller pays us. We deduct a flat fee of $5895 and you, the buyer, receive tens of thousands of dollars in cash back upon closing!
Or, you can use our cash back to make your offer stronger and dramatically improve the odds of winning the house of your dreams!
Our clients receive an average of over $30k in cash back! Work with top quality experienced agents for a fraction of the cost of traditional agents. Our team covers most of California, New York, and Florida.
We were founded with the mission of modernizing the real estate purchase process. For an agent, a 3M house doesn't require 3 times the effort of a 1M house. So why should the commission be 3 times? We believe that the percentage based commission is outdated!
A typical agent spends majority of their effort in client acquisition (advertising, calling, distributing flyers, etc). We acquire clients by make our pricing model attractive and proving great service.
Yes, we are fully licensed in CA, NY, and FL. We are members of MLS, national, state and local association of realtors. Our founder Yulia Goyal also has experience working with 2 large banks in mortgage refinancing.
If you were to get 30k cash back from us on the transaction, we can help you increase your offer by 30k. This would give you a huge leg up against competing buyers!
Prior to writing an offer on your behalf or showing you a house, we will ask you to sign a non-exclusive agreement. The purpose of this agreement is to provide a full disclosure of our fee to you. This is a requirement for all realtors starting Aug 2024.
Starting Aug 2024, the payment made to buyer's agent is negotiable and is part of the offer made by the buyer to the seller. This means now there are two options available: (1) Ask the seller to pay the usual 2.5-3% and get cash back from us, or, (2) Ask the seller to pay only our flat fee (essentially giving cash back to the seller) and reduce your offer price accordingly if needed. There are pros and cons of each option. We will discuss which option is right for you.
Good question! Who do you think pays the seller? It is your money as the buyer which goes to all three parties (the seller and the two real estate agents). You can't control the payment made to the seller’s agent. But you can choose your buyer’s agent wisely to get the maximum cashback.
If the buyer is without an agent, the seller’s agent generally gets to keep higher commission and you get no cashback. Besides, having an agent is strongly advised. You need to be able to write the legal offer and purchase contract which can run into dozens of pages. You need to read and interpret disclosures. You need to negotiate, take care of inspections, or decide if you want to waive inspections. You need to know how the market is doing and what would be the right offer for a particular property. There is quite a bit of work that goes in purchasing a house as you can imagine.
Starting Aug 2024, all agents are required to sign an agreement with the client prior to showing a house. Please consult that agreement on whether it is ok to switch the agent. Regardless of the agreement, if they have already provided you a service and have spent valuable hours driving around with you, they deserve to be compensated and we recommend sticking to them for that property.
Yes, you can switch to another agent at any time unless you have a written contract disallowing this with the previous agent. We never sign exclusive agreements, so you are free to switch from us to another agent at any time.
Yes. This practice is legal in 41 states including California and Florida. US Department of Justice encourages this practice to foster competition and avoid price fixing.
No. The real estate agents are typically paid by the seller. So effectively we will be giving you cash back after deducting our fee.
No! While we cannot provide tax advice, typically this would be considered as a rebate on the house purchase. The cost basis of your house would be reduced by the amount of cashback you receive from us.
We do far more transactions than a typical real estate agent. We typically write multiple offers per week, are deeply plugged into how the real estate market is doing (which can go from being a sellers market to a buyer's market in a matter of months, and vice versa), and can give you accurate advice on how to play the game. Experience doesn't have to cost tens of thousands of dollars!
California, New York, Florida
Get you the house of your dreams!