BrokerageIndustry News

Rehava, a one-stop real estate shop

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It's no coincidence that rehava, a real estate company that offers rebates to buyers and flat-fee services to sellers, chose to open in a retail mall in South Carolina. Rehava (pronounced REE-haw-vah) offices are intended to operate much like typical retail shops in offering real estate brokerage, mortgage, home insurance and legal services, said Steven DeGuzman, the company's founder and broker in charge. The company's first office, in Charleston, S.C., shares a building with a Starbucks Coffee shop. "Like a clothing store -- you're not just going there for pants," said DeGuzman, who has retail management experience working with the Hooters chain and also has worked in residential and commercial real estate. "The whole premise is: one-stop shop. I saw how all the pieces of the real estate transaction were disconnected. Why not put together a retail environment to offer real estate, mortgage and insurance?" he said. The rebate model is a relatively new co...