Free CMA Tool and analytics no one else has.
Free CMA Tool and analytics no one else has.
Stay ahead in the property market with expert analysis, investment strategies, and the latest trends from ShopProp's real estate professionals.
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Free CMA Tool and analytics no one else has.
Private Listings Are a Detriment to the Market — and, in My Opinion, Selling Them as a General Strategy Is a Breach of Fiduciary Duty Before founding ShopProp, I built a financial firm that was later acquired. After more than 20 years in the financial markets and 18 years as a managing broker, my view is simple: Open markets protect consumers. Closed systems protect insiders.
There are multiple news organizations regurgitating the same clickbait headline that "Bay Area housing is in a bubble". We are going to explore in this article why that isn't true and why we aren't likely to see a crash of prices comparable to 2007 anytime soon.
Seattle buyers are paying $20,000+ in agent fees on median-priced homes. ShopProp charges a flat $1,995 for buyer representation — returning the rest as a rebate at closing. Here is how the math works across every Puget Sound neighborhood.
TurboHome charges $7,500-$15,000 for flat fee real estate in Los Angeles. ShopProp charges $1,995-$7,995 — saving LA buyers and sellers thousands more on every transaction.
Phoenix sellers pay $12,900-$25,800 in traditional commissions. ShopProp Full Service starts at $4,995 — saving $7,905+ on every transaction. Buyers get rebates of $8,755 to $72,005 across the Phoenix metro.
The buyer-broker agreement is mandatory before any agent can show you a home. First-time buyers who sign a flat-fee agreement instead of a percentage deal can save $8,000 to $25,000 or more at closing.
Your lender calculates exactly what you can afford — but never factors in whether your agent charges 2.5% or a $1,995 flat fee. That blindspot could cost you $20,000 or more at closing.
Empty nesters selling a $1.2M home and buying a $750K condo pay $78,750 or more in traditional agent fees. With flat-fee representation on both sides, the same couple keeps over $70,000. Here is the math.