3 ms·
Excellent question. PropBox is not a real estate company. It is a technically advanced media/advertising company that is specializing in advertising homes. The
by montgomster 3y ago
Excellent question. PropBox is not a real estate company. It is a technically advanced media/advertising company that is specializing in advertising homes. The seller purchases an ad for a dedicated web page that benefits the seller and the buyer. They are in control, they make all the decisions, and they do all the work. A buyer can pay a buyer agent, a seller can choose to go a different route. We are not listing homes. We believe many home buyers and sellers are looking for an alternative to the the two choices that were available until we launched yesterday. Now there is a third choice, PropBox. A platform that provides both parties the same information and allows them to work directly together. We believe some customers will like the ease of use, the ability to speak with the seller who knows more about the house than any agent, and much more. Both parties will like the ability to better control and easily communicate with each other within the platform. PropBox is not avoiding the 3%, the customer is avoiding the 3%. I hope this answers your question. Thank you for asking.
- Dwolb 3y agoYour marketing copy should communicate this. >PropBox is not a real estate company. It is a technically advanced media/advertising company that is specializing in advertising homes. The seller purchases an ad for a dedicated web page that benefits the seller and the buyer. 1) What PropBox is in simple terms the customer would use. 2) How it works (from the customer perspective).
- montgomster 3y agoWow. This is very helpful. Thank you.
- Dwolb 3y agoGlad I could help! Good luck on your journey.
- montgomster 3y agoThank you.
- gremlinsinc 3y agothere's not any listings in my area, southern Utah. Have you thought of maybe using MLS so buyers can at least see all available options in their area. Then flag as premium/featured homes that are listed without an agent or FSBO? If I go to your website today and see no homes, I'm probably not coming back even if you add 1000 in my area tomorrow. How would I even know? Using existing data and listings as an aggregate with a special built in marketplace IMHO would provide more value to all parties.
- montgomster 3y agoExcellent question: How would I ever know? If you never came to the platform there are still ways you may know. In our tiny test market(tiny is 4 sales), all four buyers came from our unique yard sign. All four sellers came from word of mouth. If 1000 properties in your are listed, that suggests 50 will sell in a year. How many would use a PropBox ad is unknown, but you may see a yard sign. I understand you logic and believe some will not come back. But lets see what it looks like in six months.