If you’re looking to purchase a home of your own, chances are good that you – like many sellers and other buyers – are looking for a way of saving, of keeping more of your money in your pocket. Flat fee home buying offers the solution that you’ve been looking for.
With flat fee home buying, you’ll find that you are able to save; all it takes is a little bit more effort along with a flat fee realty broker and you’ll find that you’re eligible for thousands of dollars in home buying rebates.
How does flat fee home buying work? Simple:
- Register online for flat fee home buying with Bloomkey (formerly IHS Realty).
- Search for properties that are located where you want to live and that are priced within your budget.
- Schedule showings for those homes that interest you.
- Let the agent representing the property know that you’re working with Bloomkey.
- Find a property you love.
- Complete an offer form and let Bloomkey work with you to create the right terms for the sale.
- Sign off on the purchase agreement.
- Work your way through the escrow process.
- Receive a rebate of the majority of the buyer’s agent commission.
Is it really that simple? Find out for yourself!
Flat Fee MLS & Realty
Learn more about flat fee home buying.
Internet Home Services Real Estate Blog
IHS Realty takes flat fee MLS to a whole new level
Home Buying Tip #1 | Find a home on your own and get a REBATE from the selling agent’s commission!
With IHS Realty, you can get a rebate just for finding the home you want to buy yourself. If you do the work, you should get paid. That’s our philosophy.
IHS Realty has other buyer incentives as well. For instance:
Home Buying Tip #4 | SAVE 10% on moving costs!
Yes, that’s 10% on moving costs. All you have to do is say IHS.
Learn more about IHS Realty’s flat fee home buying program.
See Also
Home buyers can benefit from flat fee services too
Are you a home buyer? Looking for a home to buy this year? The question below is from IHS Realty’s Home Buying FAQs.
Q. What is the IHS Flat Fee Home Buying Program ?
A. Flat fee home buying is a way to compensate you for the time you spend and work you do in finding a home. Traditionally, real estate agents got paid to provide you with information about homes for sale and for taxiing you around to look at homes. Now with all of the homes for sale on the Internet, you can do much of the work yourself. And if you are willing to drive yourself to Open Houses, then you’re now entitled to a rebate of the selling agent’s commission.
As you probably know, Selling Agents (otherwise known as "Buyer’s Agents) are paid by the seller out the commission negotiated by the Listing Agent (the agent who has listed the property in the MLS). This commission is usually split 50/50 between the Listing Firm and the Selling Firm. So, if the total commission is 6%, 3% would go to the Listing Agent and 3% would go to the Buyer’s Agent.
IHS Realty has developed a program to let you, the home buyer, take part of the Buyer’s Agents commission.
If you want to know more about IHS Realty’s flat fee home buying services, check out our Home Buying FAQs.
You can get a rebate if you purchase your home through IHS Realty
Buying a home through a flat fee MLS service is just as rewarding as selling through IHS Realty. You can get credit for your closing costs or even end up with a rebate and go home with cash in your pocket.
At IHS Realty, you are in control of the buying process. You can find an open house and go on your own or, if you prefer, IHS will schedule a showing for you. You can make your offer online as well by using our online purchase offer form. We will work with you to get your offer just the way you want it before the seller or seller’s agent sees it. With IHS Realty, you have options, you stay in control, and you save money. Learn more about flat fee home buying right here.
What’s in it for me?
Now there’s a better way to buy or sell a home!
Welcome to IHS Realty and flat fee real estate brokerage – the low cost alternative to real estate commission rates. Online flat-fee real estate with IHS Realty allows you to choose just the services you want for a price that makes sense.
Selling Your Home for a Flat Fee
IHS gives you the marketing exposure of the REALTOR® MLS and REALTOR.com for a low, flat fee and yet you still have the support of state licensed & regulated professionals. With IHS flat-fee MLS, you sell for top dollar and save thousands of dollars. Learn more….
Home Buying Rebates
Buying a home? Take advantage of huge CASH REBATEs available only through IHS Realty. When you purchase real estate through IHS, you can have the majority of the selling agent’s commission rebated to you*. That’s a savings of thousands of dollars on most homes and, best of all, there’s NO COST to you! Learn more...
See Also
Home Buying Rebates and Savings
Recent studies by the National Association of Realtors have revealed that 77% of home buyers begin their home search online. Furthermore, industry insiders have estimated that home buyers do 90% of the research and work to find their next home on their own. Taking that information into consideration, doesn’t it seem like a Buyer Agent is making a little too much in commission. I think so. The average home buyer is taking advantage of the resources offered by the internet assuming control over the transaction by viewing homes online, finding home valuations, conducting CMA’s of their home, and narrowing their search field before enlisting the services of an agent. The average time a consumer spends with an agent before writing a contract has decreased to under 14 days, and less than 40 work hours. This means an agent is making a 3% commission for your hard work. Consumers are making the job of a buyer agent significantly easier without demanding a change in the commission structure. At IHS we think you should see reward for the hard work you have put in, so, if you purchase with an IHS network agent you can receive up to $2,000.00 back at closing. We have also teamed with Charter One Mortgage to provide additional savings in closing costs. We feel if you are willing to put the work in, you should reep the reward, not the buyer agent.
