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Discount Brokerages
Truth of the matter is, there is always someone that will do it cheaper.
REX
2% total Fee
RedFin
The ability to advise on market timing is our competitive advantage. Our marketing program is consistent and predictable giving us a number of reliable metrics that can help us identify how long it will take each listing to sell. The majority of the homes we sold in 2017 sold for 45 days or less, as compared to the market average of over 100.
HomeCOIN
A la carte.
Flat Fee MLS Listing $95
Lockbox Rental $125
Pro Photography $99+
Sign Post Rental $79+
Forms Help (Standard) $450
Forms Help (Seller) $2500
Forms Help (Buyer) $3500
*Source from HomeCoin
website 3/18/19
Stats
pURPLEBricks
Flat Fee $5,950
DISCOUNT BROKER
VS.
6 Days on Market
75 Days on Market
Staged, Painted, Professional
Photos
75 Days on Market
$406,000
Sales Price
Never Sold
This discount broker actually costs the seller more money.
Money Lost
$11,790 (in mortgage) + $6,090= $17,880.
Actual screenshots from MLS of transaction: