Don’t Give Away Your Real Estate Investment in Commissions

By Home Bay

Posted on September 24th, 2019

Home Bay’s board room was graced with the empire building real estate investor Elizabeth Colegrove, creator of The Reluctant Landlord, a website and community that revolves around the tips, tricks, trials and tribulations of self-managing investment rental properties. Ever the proponent of “frugal living”, Elizabeth sat down with another Elizabeth, a Home Bay team member Elizabeth Macaulay, who walked everyone through Home Bay’s value proposition during a Facebook Livestream.

If you missed the live stream, it isn’t too late! Just click below to watch!

More and more home sellers are looking for an alternative to working with a “traditional” or local real estate agent, as they are faced with the cost of large commissions (normally 5-6% of the transaction). However, trying to sell your home by yourself or For Sale By Owner (FSBO) is an overwhelming task, leading 2 out of 3 to be unsuccessful choosing that route due to lack of knowledge and experience.

Elizabeth refers to Home Bay as a new alternative for anyone looking to sell their primary residence or investment property, as Home Bay’s expert agents provide the same services as a traditional real estate agent, but for an agreed upon flat fee that is always less than 1%. This translates into an average savings of over $15,000 per transaction.

Those savings can be turned into your own real estate investment. Whether you flip houses, buy and hold rental properties, invest in real estate investment trusts (REITs), amongst others, there is a strategy that can fit anyone regardless of experience, capital or risk tolerance.

Elizabeth is anything but a reluctant landlord and is on a personal mission to change the philosophy surrounding real estate investment. Your home is your investment and whether you own one property or more, Home Bay provides all sellers and buyers an opportunity to not lose hard earned equity in the process of conducting a real estate transaction.

To see how much you can save check out Home Bay’s pricing page.

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Posted in About Home Bay, Buying Investment Properties, Selling Investment Properties