Purplebricks Review: The Easiest and Cheapest Way To Sell Your Home!

Описание: In this post I’ll explain the entire experience of selling a house online, for sale by owner, comparing alternatives to real estate agents, researching how does Purple Bricks work and my Purple Bricks Reviews. The entire process from placing my home for sale with Purple Bricks to closing in escrow was 50 days and I only had to physically sign and notarize a document one time!

I ended up paying 3.24% in commission to sell my home with Purple bricks. The entire process was 50 days: 20 days on the market, while negotiating offers and 30 days in escrow. I sold my house for a quick sale at the target price I was looking for.

Purple Bricks Review: My Experience
The whole experience was easy, fast and much cheaper than any traditional real estate agency!

Attempting To Sell My Home as For Sale By Owner
I wanted to sell my home but I was dreading the 6% in commissions for the buying and selling agents. So I tried selling my home on my own and was bombarded by calls from agents with only 1 person checking out my place after 2 weeks. If they bought the place, I was prepared to give the 3% buying agent commission and pay for all the additional real estate documents and legal help.

Purplebricks Cost/Pricing
This was getting more complicated and then I found Purplebricks. They have a flat rate commission of $3600 which comes out to 1.24% for my home sale which was $290k. Much cheaper than the traditional 3%. So I called them up and had a chat with Carla, the representative in my area, and she gave me a whole breakdown of the process. The biggest thing she told me was that she could set the buying agent fee to 2% (instead of 3%).

That made the total home sale 3.24% which is almost half of what everyone else is paying. I do like a good deal so I signed up for Purplebricks.

Showing My Home To Potential Buyers
Since I was still living in my home, I just did the home showings myself. Purplebricks had a great scheduling system that would text me for potential buyers to come and check out my home. I gave them the hours I would be available and then potential buyers could block out those times to come and see my home. If I was unavailable, all I had to do was say no. This was all done through an automated text system.

I purchased these blue shoe covers so people could wear them in my home without getting the place dirty. Within a week, many people were coming by to check out my place. After 2 weeks I had an offer that worked really well for me.

Purplebricks Processes Most Of The Paperwork Online
Purplebricks does a lot of the paperwork online which made things quick and convenient. I only had to actually mail something in once via FedEx because I had to have my real signature along with a notary stamp. Other than that, everything was super easy!

When I bought my home through a traditional real estate agent, it took so long to physically sign every document and coordinate with the agent when to come in/meet. That was very time consuming and I’m happy Purplebricks has created a more modern and affordable experience.

Throughout the escrow process, my agent Carla kept me well informed and updated via text messages and email. This was great for me cause I prefer these “quick-to-the-point” process of communication rather than a phone call.

Overall, I’m extremely happy with my experience with Purplebricks and hope they overtake the traditional real estate agencies which are slower and more expensive.

Real Estate Commissions Are A Scam: Sell Your Home Yourself Online!
First off, I sincerely believe real estate is a scam. Why would an agent get paid 10x more for selling a $1,000,000 house than a $100,000 house? The amount of work on their side is exactly the same. Real estate lobbies “donate” a lot to politicians to keep buying/selling homes incredibly difficult rather than making it easier for consumers.

During the 2008 housing crisis, bankers AND real estate agents were both pushing expensive homes on people with the idea of just paying off interest since the home value would just go up. This caused the U.S. economy to eventually crash. No one went to jail and the government bailed out the banks. When the same thing in Iceland happened, bankers went to jail. The difference is that you can “pay” for freedom in the U.S. if you have enough money.

https://blorg.org/how-to-sell-your-ho...