UNITED STATES - 07/01/2020 (PRESS RELEASE JET)
New Technology Is Poised To Disrupt This Process And Dramatically Reduce Costs
I recently sold my own property and was reviewing the closing statement. I was in shock! The cost of selling a home has nearly doubled in the last 5 years. The closing costs have become so out of control that even a person in the industry had felt “ripped off”. The scale of the commissions extracted by the real estate industry in America is jaw-dropping. Fees run at 5-7% of the value of a property. This is 3 times the average level in other developed countries.
In 2016, a real estate sign had been placed in my neighbors yard. The only thing I could ascertain from the sign was the name of the agency and the contact info for the realtor. The intentions of this sign are to create leads for the agency/agent and not to provide information to potential buyers. Is this really in the best interest of the homeowner/seller of the property? Probably not. I thought 'There has to be a better way to do this'. In 2018, Thomas J. Witt, a Realtor and Appraiser for 25 years launched SoldbyHomeowner.com
I wanted to make the experience of selling your own home Simple, Effective & Affordable and SoldbyHomeowner.com does just that. The platform allows for a pleasant consumer experience while providing unmatched property marketing and drastically reduces the overall costs. The idea of reducing the cost of selling real estate is now realty. The technology and experience behind SoldbyHomeowner.com delivers an end-to-end seller experience.
Fast forward to 2020: SoldbyHomeowner.com is now providing powerful marketing for homeowners selling their own properties (FSBO) along with the resources and support to sell a property and reduce the closing costs by as much as 90%. SoldbyHomeowner.com provides a multi-tiered marketing platform for each listing along with resources and support from start-to-end and as a result simplifies the selling process. Gone are the days of selling your home without an agent and hoping to maximize your sale price/ proceeds on a do it yourself basis.
2 successful programs have been created to fit the needs for differing seller segments. Each program has a one-time fee which has NO expiration date:
CHANGING THE WAY REAL ESTATE IS BOUGHT AND SOLD
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