Industry News

Real estate company refers flat-fee listings to Realtor network

Sellers typically do not meet their agents in person

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A Seattle-based discount real estate referral company allows consumers to pay a flat fee online with a credit card to sell their home with agents at brand-name brokerages, according to a company announcement today. Progressive Homesellers Inc. announced that it refers consumers to agents at brokerages such as "Coldwell Banker, Century 21 and Prudential who have agreed to list and sell homes for a $2,500 flat fee." Jeremy Stamper, CEO for the company, said in the announcement, "We've taken the hassle out of listing your home. There's really no need to invite a bunch of agents to your house, conduct interviews, and sign a listing agreement in person. We've already done the interviewing and negotiated the commission and now you can order online." Consumers can pay the flat fee online with a credit card. Progressive Homesellers requires that its affiliated Realtors have been actively selling real estate for at least five years and are in the top 5 percent of agents in their state by sale...