Special offer

BuySquareFeet - Progress Report

By
Real Estate Broker/Owner with Cimpler Real Estate, Inc. CA BRE# 01330941

A week ago I posted a brief information about the Beta trial of our new "See it in Person, Negotiate On-line(TM)" service. While we don't have an offer acceptable to the Seller yet, we were positively surprised by a number of visitors during our Open House last Sunday. It was just amazing for this slow market - we had between 30 to 40 people stopping by between  1 and 4 PM.  As a result - we extended online offers until Sunday, October 21st, 8 PM. We also offered additional incentives to agents who will brave the new on-line word of negotiaitions (you can make an offer, counter offer and all negotiations on line; once seller accepts someone offer - our system will spit up the CAR contract reflecting everything that was agreed on.

Additionally, we posted a few material changes. The seller agreed to provide financing to a buyer as an option and one of our lender offered buy down on the 5 years fixed ARM loan to 5.375% with two points. Also, we posted a letter from the Seller explaining his expectations.

You don't need to regiter yo follow the process online (as a matter of fact you might want to do it as it is quite exciting!). Just go to BuySquareFeet and click on "Make an Offer".  As you are not register for making offer, you will be just an observer (however we will not stop you from making an offer!.  You can register on-line any time!). 

Nancy Brenner
Referral Associates of Georgia, Inc. - Roswell, GA
Roswell Georgia Real Estate Agent
This sounds like an interesting way to receive offers/counter-offers and still come out with a clean copy of a contract. 
Oct 16, 2007 08:44 PM
Gary Bland R (S) E-Pro, ABR
Hawaii Life Real Estate Brokers - Wailea, HI
I will have to see this site and view the components.  It draws my interest.
Oct 16, 2007 09:04 PM
Artur Urbanski
Cimpler Real Estate, Inc. - Burlingame, CA
Helping property owners to maximize property value
Hi Nancy, thank you.  We are just trying it.  It is far from perfect.  We are learning all the time from comments. We believe that this approach will benefit everyone, sellers (will help to maximize the price), buyers (because of the transparency) and agents - as it will give us yet another way to make a sale. If it works, we would like to offer it to other agents and brokers to try it. 
Oct 16, 2007 09:06 PM
Artur Urbanski
Cimpler Real Estate, Inc. - Burlingame, CA
Helping property owners to maximize property value
Gary - that's would be great.  Thank you. We will really appreciate your comments.
Oct 16, 2007 09:08 PM
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT
Broker-Mentor,CRS
How exciting! Good for you! Can't wait to hear the final outcome.  Thanks for sharing;)
Oct 17, 2007 09:18 AM
Artur Urbanski
Cimpler Real Estate, Inc. - Burlingame, CA
Helping property owners to maximize property value
Frances, Thank you so much for your support.
Oct 17, 2007 09:36 AM