Agents compete to earn buyer/seller business. Sellers pay based on services they desire ! Buyers get bigger refund based on services they intend to use ! Agents save farming time, get ready principals, no referral fee until closing, lower commission bid may not mean lower pay rate!
Buyers and sellers open a detailed specification and Agentsdeal.com estimates expected commission refunds/discounts based on the same. Agents get to know that they have a serious principal. Buyers/sellers further define what level of "services" they want - savvy principals can indeed choose lesser services and get bigger commission discounts/refunds.
Buyer and sellers invite bidding either in Private or Auction mode. Only qualified agents (ranked internally by Agentsdeal.com) who meet a certain threshold are allowed to bid.
Receive a table of bids of commissions, agent experience and service tiers correlated to those bids. A large number of bids ensures that commissions get to a "market rate".
In a successful referral, buyers and sellers can choose to contact up to 3 agents if they want to talk and meet, before selecting a final agent. Buyer's and seller's contact information is protected until they choose to create a successful referral.
Buyer and seller select final agent and complete their transaction for purchase or sale.
Buyer and seller can continually track the transaction on Agentsdeal.com and can enter reviews to benefit the agents and future buyers/sellers.
35% discount on commission earned by my buyer's agent, at transaction close. selected the buyer's agent by using Agentsdeal.com - works great - Agents compete and I got good discount as I knew what I was getting ! Service tier based bidding worked great for me.
Found a discounted agent to list my house - used Agentsdeal.com. Listing agent charged only 1% to list as his commission. Offered 2.5% to buyer agent which also the buyer agent returned a portion of, back to seller as effective discount to buyer ! Awesome !
I was looking to buy an investment property and was concerned in losing equity due to high commissions - found a high quality investor who was also an agent through Agentsdeal.com and got a discount on top !
I wanted the flexibility of higher refund as a buyer as I had already identified a few houses. Agentsdeal.com worked great !
I did significant amount of work in preparing for selling the house as I knew what I was doing - was looking for discounted realtor who would work with me - found a significant discount, 1% listing agent at Agentsdeal.com. !
Real estate commissions indeed sound to be high; but yet most real estate agents don’t earn enough and many go out of business.
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