Has anyone heard of One Percent Realty? I'm in Texas.?

Answer 1

Why would you not go with a reputable company that can create their fee from proceeds you likely will never see using a discount firm. No agents with good marketing, negotiating, and networking skills are going to work for such a low paying brokerage. You would be better off selling by owner than what you will get for 1%. Also in the fine print that is their fee, you still have to pay the buyers agents fee so your actually at 4% plus their admin fee but you get the inexperienced agent on your side. In the end your now close to 5%, what are you saving ? for 6% you get a top level established company working for you. For the alleged 1% you get a self serve marketing campaign instead of a professional agent. You get more market time, and an unskilled negotiator. You can lose 7% or more thinking your saving 5%. Call Coldwell Banker, Prudential, Century 21, or gagging here, Re/Max. Your home sale is to valuable to risk in the hands of a costs less, because they're worth less, agency.

Answer 2

I've heard of the company here in Beautiful B.C. Canada.

Here they are a discount Real Estate company listing homes for a flat fee of $5,000 plus administration fee.

The "One Percent" moniker comes from 1% of a $500,000 home is $5,000 commission so it is misleading since a $250,000 home will still cost you $5,000 commission.

Answer 3

yes

if your in doubt, phone your local licensing board...

Answer 4

I've never neard of it.