There are no upfront charges or additional fees when buying with ShopProp. Our buyers can cancel at any time and ShopProp is only paid if you buy a property through ShopProp. ShopProp buyers rebate equations is below:
Whatever the commission offered by the seller times the Purchase Price of your home minus ShopProp's Share equals Your Rebate
Fill in the variables. An example is below
Commission Offered by the Seller is 2.5% X Purchase Price of $1,000,000 - ShopProp's Share ($2,995 min to a max of $5,995) = Your Rebate (A minimum of $19,005 to a maximum of $22,005)
Everything is included with ShopProp's buying program. Searching, showings, pricing analysis, writing offers, negotiations, handling all timelines and contingencies, all the paperwork through closing, and any post-close issues that come up.
The difference between the minimum ShopProp takes of the commission, $2,995 to the maximum ShopProp Takes, $5,995 is determined by how many services you use before you buy a property.
A service is defined as:
Everyone 1-2 properties ShopProp shows you = 1 Service
Every 1-3 offers ShopProp writes up for you = 1 Service
Every time ShopProp is at an inspection with your inspector = 1 Service.
For 2 services or under ShopProp takes $2,995 and gives you back the rest of the commission.
3 services $3,995
4 services $4,995
5 services $5,495
6 services or more $5,995
For homes under $700,000
ShopProps minimum is $1,995 to a maximum of $4,995
For 1 service or under ShopProp takes $1,995 and gives you back the rest of the commission.
3 services $2,995
4 services $3,995
5 services or more $4,995
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