Homie Launches 50/50 Program That Lets Buyers Share Commissions
Homie, a disruptive real estate tech company that’s changing the way homes are bought and sold, today announced its 50/50 program where buyers now have the option of getting up to 50% off the Buyer’s agent commission offered when they also use other Homies. affiliate services such as Homie Loans, Homie Title and Homie Insurance.
Today‘In the competitive housing market, buyers face many challenges, including cash offers, bidding wars, low inventory, and rising listing prices. Mate‘The 50/50 program aims to help buyers buy a home and save thousands of dollars by allowing them to keep up to 50% of the commission offered by the buying agent.
READ ALSO: Top 5 Predictions for Residential Real Estate in Phoenix
Homie Loans also recently launched their Homie Cash. program that allows buyers to make cash offers to dramatically increase their chances of winning the perfect home. The 50/50 and Homie CashMT The programs give buyers the ability to purchase the home they want while saving on commissions.
“Our goal at Homie is to change the way homes are bought and sold by reducing high fees and commissions,” said Johnny Hanna, co-founder and CEO of Homie. “Today‘The market is more difficult than ever for buyers and we want to make this process easier. 50/50 allows buyers to get their dream home while keeping up to 50% of the commission.“
Based on current median home prices of $ 405,000 in Arizona, buyers can save an average of $ 6,075 in buyer’s agent commission when using the 50/50 program. These savings can be used to cover closing costs or to make a higher bid to win the house.
Mate‘s The 50/50 program is aligned with the company‘mission to help make home ownership easy, accessible and affordable for everyone. Since launching in 2015, Homie has saved consumers over $ 100 million in commissions.
For more information on the 50/50, visit homie.com/buy. To learn more about Homie, visit homie.com.