New broker model: An alternative to the alternative
Sawbuck Realty offers to buy down mortgage rates, closing costs for buyers
By Jessica Swesey, Wednesday, January 30, 2008.Take one traditional real estate brokerage model, turn it upside down, nix the usual discounted commissions or rebates that come with a so-called "alternative" brokerage, and you have Sawbuck Realty.
While some real estate brokerages may be cutting staff and consolidating offices to survive the housing downturn that's chilling sales in many markets, Sawbuck opens its doors in the Washington, D.C., area today, with high hopes of changing the old ways of operating brokerages.
Sawbuck's business model centers o
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