Flat Fee Real Estate Brokers: We’re trying where others have failed…

March 2nd, 2010 by Marc

WaLaw is in the news! Turns out we’re boldly going where some bigger fellas (Redfin, Findwell) tried and failed: the Flat Fee. Hopefully news of our endeavor will continue to spread… If so, then the flat fee will be here to stay!

There Are New Ways to Buy a Home, but Bowie said it best: “Ch-ch-ch-changes…”

February 5th, 2010 by Marc

Turn and face the strain. Changing the real estate industry is not easy – a strain indeed. Thankfully there are many people out there who are putting their shoulder into this heavy work. One of the leaders of that effort has been and continues to be Glenn Kelman, CEO of Redfin, a longtime mover and shaker in the “Reform RE” movement. His recent post on the Redfin blog does a great job of identifying those changes that will improve the industry by putting the focus on the consumer.

And just for the record, no, we did not have ANYTHING to do with this post — even if No. 1 on the list is EXACTLY what we’re doing here at WaLaw. We don’t charge a commission, and our fee is not paid by the seller. Rather, we charge a flat fee paid to us directly by the client. When our client is a buyer, we rebate the entire commission back to the client. In other words, there is no conflict of interest whatsoever between us and our client in regards to our compensation.

Keep up the great work, Glenn!