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Real-Estate Tech Company Faira Offers Full Commission Savings to Homebuyers

SEATTLE, Nov. 18, 2019 /PRNewswire/ -- New and exciting in real estate: Seattle brokerage Faira launches a new program for homebuyers offering 100% commission savingsa??minimum. While many real estate brokerages offer cash back with a home purchase, Faira is the only brokerage that guarantees the buyer's savings will equal the full commission or more.
Real-Estate Tech Company Faira Offers Full Commission Savings to Homebuyers
Here's how it works: when you buy a home with Faira at or above the list price, Faira refunds the entire buyer's commission at closing. However, if Faira's agents negotiate the price of the home lower than the asking price, homebuyers get an upfront discount as well as an additional cash rebate in most scenarios.Plus, unlike other brokerages who receive commission regardless of their buyer's satisfaction, Faira takes no commission on the home sale unless the buyer's winning offer is below the list price of the home. Faira's commission, if applicable, is an even split of the difference between the list price and the final sale price of the homea??up to but not exceeding the commission offered by the seller.A "Faira was founded with the belief that real estate should be simple, transparent, and fair," says CEO & Founder Dr. Kamal Jain, "and Faira is the only brokerage whose interests are truly aligned with homebuyers. Our incentive is not just to win the home for our buyers, but to get them the best possible deala??and if we fail, we earn no commission at all."
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