Total Savings
The total savings for sellers refers to the estimated amount of money a seller can save when using Redy. This savings is calculated by taking into account the agent’s standard listing commission, current market trends, and an upfront cash bonus offered to sellers. By incorporating these factors, sellers can get a clear picture of their potential financial benefits.
How is Total Savings Calculated?
The total savings is determined using the following formula:
- Typical Commission Amount: The amount typically paid to a real estate agent as a commission for selling a property.
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Homeowner Amount: The upfront cash bonus or incentive that Redy provides to the seller.
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Bid Commission Amount: The reduced commission that applies when working with Redy.
This calculation allows sellers to understand how much money they could potentially save when compared to traditional real estate processes.