What is the Bloomkey Flat Fee Home Buying Program ?
A. Flat fee home buying is Bloomkey’s way of compensating you for the time and effort you spend in finding a home. Traditionally, real estate agents got paid to provide you with information about homes for sale and for taxiing you around to look at homes. Now with practically all of the homes for sale available for viewing on the Internet, you can do much of the work yourself. And if you are willing to drive yourself to Open Houses and showings, then you’re now entitled to a rebate of the majority of the selling agent’s commission – Potentially thousands of dollars for you to use for your closing costs and settlement charges! As you probably know, Selling Agents (otherwise known as “Buyer’s Agents) are paid by the seller out the commission negotiated by the Listing Agent (the agent who has listed the property in the MLS). This commission is usually split 50/50 between the Listing Firm and the Selling Firm. So, if the total commission is 6%, 3% would go to the Listing Agent and 3% would
