Why are large rebates the most important thing when all else is equal?
1 . An experienced agent like you work with at ShopProp knows how to structure an offer that is as good as a cash offer even if you are getting a loan. Flyhomes came on the scene when the market was an extreme seller’s market and sold consumers on the idea that cash is king. If I want to submit an offer that is as good as cash, I can waive my contingencies and I release my earnest money to the seller immediately.
2. If you look at how much more a client is rebated at ShopProp vs Redfin or Flyhomes what you will see is that our clients have a lot more money to work with. Our clients get an extra $13,000+ back when going through ShopProp vs redfin or Flyhomes to buy a $700,000 home. Our buyers can pay an extra $13,000 plus on a $700,000 home and beat the redfin, Flyhomes or traditional agents buyers. We say could pay more but the reality they usually don’t have too. They can pay 2-5K more to beat the bids from other buyers using other firms and still end up paying less money for the property.
3. Cash is King but only when it ends up in the buyers pocket. Flyhomes and Redfin simply found a way to put more of your money in theirs.