An invasion of armies can be resisted, but not an idea whose time has come.
Ever wonder why real estate fees have remained so high for so long? Independent studies show that the North American real estate industry is one of the most inefficient in the world. Estimates are that real estate commissions in the U.S. are inflated by as much as $30 billion dollars annually.
Over the past decade fees associated with real estate brokerage services have risen to record levels. Most baffling is the fact that real estate agents now make less money on average than ever before. Realtors®, now over 1 million strong, are forced to spend most of their time competing with one another for new business rather than spending their time and efforts selling your home. Even discount real estate companies charging lower fees still use the same labor intensive methods that require that real estate agents spend the majority of their time on non-income producing activities in order to compete in the over-crowded marketplace.
U.S. commission rates are about 1.5 to 2.5 percentage points above the (world) average.
In spite of changing market trends and technological advances, the real estate industry remains rooted in inefficient practices that we're developed over 75 years ago. The traditional model not only costs consumers too much, it wastes tons of valuable resources each year with it's reliance on large cadre's of agents, multiple 'bricks and mortar' office footprints, numerous automobile house tours along with paper and other consumable usage that is among the nation's highest.
The reality of the real estate industry today is that most Americans are now paying more for less service while the value of the services has dramatically declined. So, while home prices and real estate commissions have continued to rise, less and less is being done for you, the customer, to actually assist you with your transaction. Yet real estate agents are working more hours and competing with one another harder just to stay in business. Unfortunately, traditional real estate brokerage has become a 'no-win' business for all of the players - buyers, sellers, and even the professionals themselves.
The reality of the real estate brokerage industry today is that most Americans are now paying more money for less service while the value of that service has dropped dramatically.
While it may have once seemed appropriate to pay 6% or more to sell your home, today's market presents a new set of realities. Consumers, once at the mercy of traditional real estate agents, are now demanding more thoughtful, common-sense choices in real estate services and fees.
Starting in 1997, the team at bloomkey began developing a nationwide online real estate transaction platform providing efficient, effective, low cost services to consumers. The concept originated in response to:
bloomkey has already saved consumers millions of dollars in real estate commissions.
What other real estate company can help you save the environment while saving money at the same time? Go 'green' and save green!
bloomkey's customers are able to accomplish their real estate goals using innovative online technologies, acheiving broader marketing exposure while receiving more efficient and effective delivery of professional services. bloomkey now provides a complete menu of real estate products and services to consumers at a tremendous time and cost savings.
bloomkey has significantly reduced the ecological footprint of the real estate brokerage firm. Because services are delivered electronically, bloomkey is transforming the real estate transaction process towards one with less impact on the environment. By centralizing processes and services to one corporate office location, bloomkey is able to effect greater numbers of real estate transactions utilizing far fewer resources than traditional real estate companies.
Keep more of your home's equity without giving up marketing exposure and professional support.
bloomkey has already saved consumers millions of dollars in real estate commissions. Today, bloomkey is the leader in online, real estate brokerage services in North America, serving thousands of customers throughout the United States and Canada. With bloomkey, you choose just the services you want and need for a price that makes sense.
Testimonials
I would like to thank everyone at Bloomkey for making the home selling process easy! They gave me great ideas to get my property noticed during the slower winter months. I sold it in January and saved over $12,000 in commissions over traditional listing services. After the sale, I saved another $2,000 by getting pre-approved with their preferred mortgage lender on their website! They really work hard to add value in any way they can, and I will be sure to use them again!
Michael S.
Richmond, VA
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