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.
Discover our most popular and insightful content on real estate trends, investment strategies, and market analysis.
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.
Houston buyers pay $11,250+ in traditional commissions on a $450K home. ShopProp charges $1,995 flat and rebates the rest at closing. Save $7,000 to $40,000.
LA home sellers pay $28,500 in traditional commissions on a $950K home. ShopProp's flat fee is $4,995 -- saving you $23,505. Buyers get rebates up to $78,000.
Your buyer agent earns a percentage of the sale price. Every dollar they negotiate down costs them money. A flat-fee agent has no such conflict — their fee stays the same whether you pay $850,000 or $900,000.
New construction homes require less agent work than resale — yet buyers still pay $25,000 or more in percentage-based fees. Here is the math on what a flat-fee buyer agent saves you on a new build.
A percentage-based buyer agent fee punishes you every time home prices rise. Across 3-4 lifetime home purchases, flat-fee buyers keep $55,000+ more in equity than percentage-based buyers.
Relocating across state lines? A percentage-based buyer agent fee punishes you when you move to a higher-cost market. Here is the math on flat-fee savings for relocating buyers in 8 states.