NoFrillsRealEstate.com specialises in reducing the operating costs of real estate agents, who have had to contend with the high rises in overheads which have become more prominent in the recession.
The network is expected to take on larger franchised real estate agents, some of which have been monopolising the property market recently. Through the use of a flat fee commission that is tailored to a particular region, it is hoped that this could be a lucrative business opportunity for realtors.
It is hoped that there will be representatives of NoFrillsRealEstate.com distributed across five of the world’s seven continents, allowing a potential network of well over 10,000 realtors for the public to take advantage of. In order to guarantee all of the legalities are in place, there is a vigorous licensing process which assures users of the service that their realtor and NoFrillsRealEstate.com is fully compliant with the legalities of the local authorities.
The suggested commission fee of $3,300 comes as the website attempts to change the way that realty is viewed in the industry. The website, a firm believer that people ‘buy properties and not brands’, is attempting to ensure that sellers can become well-connected with a large number of professional staff that can help them. What’s more, there is further hope that the network will become highly regarded in property circles as time goes on.
With the elimination of the shop front, new dynamic forms of marketing are also going to be considered as time goes on. This has the potential to generate interest in properties which may not have been as high before a realtor was a part of this system. With no franchise fees and just licensing costs the main elements that a realtor from NoFrillsRealEstate.com is expected to cover, it is hoped that the future is going to bring promise for realtors that want a higher income.
When potential sellers are generated, it is hoped that they will have the ability to become connected to a person in their local area who will visit their home and get their property ready for sale. NoFrillsRealEstate.com have revealed that 2010 and early 2011 is going to be a pivotal year as licensed realtors are brought together in order to benefit from this prosperous model.
Sellers are subject to a small administration fee in order for their listing to become active as a part of NoFrillsRealEstate.com. From there, a house can start to be marketed with open inspections for curious buyers who may be interested in investing a property. There is constant liaison to local realtors who may have been associated with their assignment, too.
NoFrillsRealEstate.com is now on a pursuit to change the property world, with ambitious targets being reached and a whole new perspective on how realty is conducted not outside the realms of possibility. For independent realtors, the evident point of action now is to get applying for a coveted position on the team.