In this day and age, many potential buyers are accustomed to finding a home through a Web search without an agent. Now they can get rewarded for it.
Such buyers are eligible for a rebate through a service offered by Owners.com. The company, which helps owners sell their homes without an agent, has recently added brokerage services. Buyers can get up to half of Owners.com’s commission as a rebate at settlement, as much as 1.5 percent of the purchase price.
“We’re consumer-focused in our business and want both buyers and sellers to be able to pay for just what they want,” says Eric Eckardt, vice president of Owners.com. “We’ve taken that traditional philosophy of choice that sellers have been able to use and offered to buyers in the form of a rebate.”
A buyer who finds a home and has an offer in mind can opt to work with an Owners.com agent just to document the offer and negotiate the transaction and then receive a partial commission rebate. The company’s database includes homes on multiple listing services as well as for-sale-by-owner and bank foreclosure properties.
Buyers and sellers can choose to work with an in-house agent for help with pricing, getting a home listed on the MLS, showing a home, negotiating and closing. Sellers typically pay a fixed fee to list their home with Owners.com, saving approximately 3 percent of the sales price of their home in commissions.
For more information, go to www.Owners.com.
Michele Lerner is a freelance writer. To pass on a tip or news item, contact us at firstname.lastname@example.org and put “Town Square” in the subject line.