“A More Efficient Way To Sell A Home” is our tag line, but also it’s the simple essence of what this tool does. When you combine our offer platform software with the NAR Pricing Pyramid, real estate home prep and marketing best practices you have something that may just revolutionize how a buyer and a seller can come together to agree on their terms and price.
Time is always “of the essence” and some transparency is sorely needed. In a Buyers Market…should it take so long to sell a home? In a Sellers Market…how do you compete with multiple offers with no transparency? With The Smart Offer Platform…gone are the days of retail pricing that minimizing and demotivating the buying pool, long listing periods and frustrating price reductions…no matter what kind of a market that is present in you area.
Our Offer Platform is a specially designed software and a service that is designed to provide benefits to both Buyers and Sellers…along with a revolutionary tool to increase the level of service REALTORS® and Real Estate Agents provide to their clients.
Buyers: The Smart Offer Platform has created the first “Offer Platform” of its kind and has some financial incentives as well for you, by providing a 1% rebate of the purchase price credited back at the close of escrow. This rebate is provided through the buyers agent commission (some restriction apply). We believe also, that this is a non-taxable event, but please check with your CPA for confirmation. The main benefits to you is that of transparency and the ability to compete. Transparency will help keep the listing agent honest and when the offers are ranked and you can see some general information on the other offers, will enable you to make a smart offer and better compete for the sellers approval of your offer.
Sellers: A long listing period (DOM) is one of the main frustrations buyers have when it comes to selling their home. Also, not being able to create a multiple offer scenario creates lower prices over all. One of the main benefit for Sellers is that they can find out what their house is worth for FREE and by tapping into our Smart Offer Agents, they will be able to leverage a system for selling their home that puts a buyer and a seller together to agree on a price and terms in a a very time efficient manner.
Agents: The Offer Platform for real estate agents is a great tool that will allow them to differentiate from their piers and provide a superior service to their clients. Your job is to, in the shortest time period, bring a buyer and a seller together to agree on terms and price. The current system forces you to list at retail, which demotivates the buyers and lengthens the time on the market. It’s just not a very efficient way to sell something. The Smart Offer Platform fixes this and we are happy to provide it to you at a very affordable price. What would you pay to be able to be different from your pears and provide a better service to your clients?
To become a Smart Offer Platform agent, simply join, get trained and upload your own listings. In our training, you will learn two basic things: 1) How to use the Offer Platform properly; and 2) Our sales method and system for marketing your listings. The method (system) we have created taps you into 90% of the buying pool and so much more.
Your current training tells you that there are three main things that help sell a house: 1) Location; 2) Condition; and 3) Price. Assuming your location is good and your listing is show ready, the last thing is price. How you price the house will dictate how long it will stay on the market and what % of the buying pool you will be exposing your listing to. Our system for pricing a house starts with NAR’s pricing pyramid and combines it with a traditional value range pricing strategy. Our offer platform increases your chances of a multiple buyer scenario. As the buyers get plugged into the offer platform, the system will tell them:
1) if their offer is the highest offer;
2) if they have been out offered; and
3) if the minimum acceptable price (MAP) has been reached
The actual offer is confidential to the seller and the buyer only, but everyone will be notified when the MAP has been reached.
This is how it works:
- The listing agent uploads their listing, with a value range as stated by NAR’s pricing pyramid
- The seller chooses their Minimum Acceptable Price (MAP) for the offer platform, which no one can see
- Once the Buyers are ready to submit their offers, they have their agent obtain a “Verification Token” and upload their offer on the offer platform
- If your offer is in the top 3, then it will be displayed. (Note: Offers are ranked by price currently.)
- As one of the top 3, once your offer is submitted, the 24 hour clock will start to allow others to present or update their offers, but first needs to be “Confirmed” by the listing agent
- Once the 24 hours clock expires, the seller will respond with an acceptance or provide a counter offer to the ones they want
- Once the price and terms have been agreed upon and everything is signed, escrow will open and it’s business as usual
For answers to your questions, or if you need assistance, please contact our Support Team or give us a call at (858) 414-3661.