Save money by offering less, as the seller and their agent pocket the buyer agent fee.
Negotiate directly with the seller - no more coordination through a middleman.
Our app guides you through the process, from contacting the seller to closing the deal.
Once you find your dream home after searching online and visiting in-person, fill out our questionaire to generate the paperwork for you to submit an offer to the seller.
After negotiation and the seller accepting, we'll act as your transaction coordinator to guide you through from offer to close. We can connect you with the escrow, title, inspection, lending, and lawyer team you need to close successfully.
We charge $299 on successful closing with a Ferryhome offer for our offer writing and transaction coordination services. We want to align our interest with yours, so we only make money when you win.
We will never share your information without your consent. We collect the info we need to generate a home offer, and we only send that to the seller when you are ready.
Our offers have had a 100% response rate. Listing agents are looking out for the best interest of their sellers, and a Ferryhome offer is enticing as it means more money for the selling party. If they counteroffer, you can always bring in your own agent to the negotiation table.
FSBO sellers and new construction builders love buyers without an agent as well, as they get to pocket the buyer agent fee.
The buyer's agent typically earns 3% of the purchase price. Even though the seller pays the buyer's agent, you subsidize this cost through your purchase price. By removing the buyer's agent from the transaction, you can close with a lower purchase price while still giving the seller and listing agent more money.
You can tour homes via open house or by setting up a private tour through the listing agent. As an unrepresented buyer, the listing agent cannot give you advice but can answer factual questions during the open house / home tour.
Some brokerages do have in-office exclusives, but they're very rare. Most listings hit the marketplace as it's in the seller's financial interest to maximize number of buyers. Furthermore, you get access to homes that agents try to steer you away from, e.g. FSBO homes or new construction homes where no buyer agent commission is offered.