“While homebuyers have shifted their buying behavior to websites, today’s sellers and agents still use the same S-L-O-W 100 year-old offer process – The equivalence of paying through a fast food drive-thru and asking customers to wait 1 hour for the food.” — Founder of NoDiscount.com
It’s true — The Smartphone has revolutionized our world in the past 10 years in amazing and remarkable ways. Sophisticated and complex tasks once took hours to complete today takes just seconds. For over 100 years every attempt to speed up the process of buying and selling a home has failed. And every attempt to reduce real estate commission has been met with resistance and often competitive restraint. Why? Because while the world has changed rapidly; frankly — buying and sellng a home remains slow and tedious, and costly.
Today, while upto 90% of buyers use the web to search homes and esign documents the process in which real estate agents handle pricing, response, offers, conversion, escalation, safety, and systematize the buying and selling experience has not changed in over a century. At NoDiscount.com we recognize that at least 75% of the headache and COST of home selling is caused by the offer process. Did you know that most buyers will have their offers rejected 3-15 times before an acceptance?
When one considers a typical offer can be 50-100 pages long; cumulatively, hundreds of pages and hours of headaches between buyers and sellers go to waste for every property for sale on the market. The sheer number of hours wasted and complete lack of transparency should be compelling reasons for the industry to innovating how offers get submitted, presented, and received. But it hasn’t.
And as offers get rejected buyers and sellers must still pay for time loss and frustration — sometimes suspicion — that one or more offers failed to be presented properly, timely, or correctly. In cases of multiple offers sellers sometimes choose the wrong buyers and sell for much less than they could. Conversely buyers regularly fail to win the home they truly want due to offers not reaching sellers or presented properly. .
Isn’t it time we have a complete makeover in how the real estate industry handles offers?
WE THINK SO.
Your Smartphone is 100,000x faster than the fastest computer that landed mankind on the moon in the 1960s, and yet, the industry hasn’t manifested itself to bring speed and savings for the benefit of consumers. Instead we see large corporations use technlogy to keep cost high and services slow while obfuscating the inexperienced consumer with a false sense of complexity.
At NoDiscount.com — when you turn your smartphone into a real estate agent every listing will display a special QR code from QR CODE MONKEY on the property detail page.
With any Smartphone a buyer simply scans the code — AND make offer!
After the initial setup and account approval, it should take less than one minute to submit one offer. Within seconds buyers and sellers will receive confirmation that offers have been received. Sellers can login to view, compare, accept, or reject offers in real-time. Buyers can login to view and see the status of all offers and quickly and conveniently compare to previous offers submitted.
Got questions? Turn your smartphone into a real estate agent!® SCAN the QR code at the top of any page for more info.
Want in on a secret?
Sellers can share their QR code and receive offers directly from buyers. By doing so buyers may submit offers while bypassing the need to pay real estate commission.
Want another secret?
Post the QR code on your social media pages and drive even more buyers. Buyers simply point their smartphone camera to the QR for details or to submit an offer.