Select a discounted real estate agent by getting agents to bid commission based on a level of service you desire. No obligations !

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Why a buyer should attempt to get refund of commission from the agent

Seller pays for buyer's agent commission but it builds negative equity for buyer unless buyer gets some commission refund at the closing. Choose a discounted real estate agent to reduce the negative equity in what you purchase.

checklist

1. Define what you want and enter property specifications

  • Create an account and open property specification describing your requirements.
  • Read the "service tier" definitions here. Full service tier is meant for first or second time buyers or buyers who are not decided on exactly what they want. You can still get refunds up to 40% of agent's commission based on private or auction style bidding of commissions, depending on parameters of purchase and agent will still likely perform all services of a traditional agent.
  • If you want even higher refunds, and are either a savvy buyer or know exactly what you want, please answer in detail so that agent realizes the same. You can expect commission refunds up to 60% of the commission your agent earns.
  • Agentsdeal.com's commission calculation engine will estimate the amount of commission based on analyzed patterns of entries you make.
  • If you are unsure of levels of service you need, you can choose flexible service tier pricing which adjusts based on the usage, but in that case you are encouraged to sign a representation agreement ensuring business to agent.

2. open property specification to receive commission bids from agents

  • Your privacy is protected. No agent can see or contact you, unless you choose to.
  • Once you have entered the property specification, you can open it for bidding from agents.
  • Bids can be received either in Private or Auction style mode. Only qualified agents are allowed to bid for your property specification.
  • Agents bid for commissions based on service tiers and differentiate additionally based on their experience level and qualifications.
  • Upon close of bidding after a set period, a table will be displayed to you showing commission bids from participating agents for different service tiers, each agent's experience and his/her's previous transaction details.
  • Having a large number of bids ensures that commissions get to a "true market rate".
buyer
buyer

3. Choose an agent, buy a property and enter review/feedback

  • No blind selection of the agent to be done : You can choose to contact up to 3 agents to contact and/or meet before selecting final agent. You substantially reduce the risk in selecting someone in this way
  • You can enter and track details of work done by agent by submitting periodic feedbacks. At the end of a successful transaction, you can also enter a review for the agent. Entering a review will benefit the real estate community in general.

Agentsdeal ensures maximum refund resulting in lowest inbuilt negative equity to buyer, without compromising agent's quality of service.

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