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Buyers
When you buy a house or property with a traditional agent you rarely hear about or see the commissions both the buying agent and selling agent are receiving. With ShopProp not only will you hear about the commission, you will receive it.

If the house you are buying cost $450,000 you could receive a check for $11,505 at closing. When you buy with ShopProp, you receive the 3% commission from the selling agent minus our fee.

Here's how it works:
  1. Find a house you want to buy, use the tools on our website or any other website
  2. Drive by the properties you are interested in
  3. ShopProp agents will:
    • Schedule a time to show you the inside of properties you are interested in.
    • Do a Comparative Market Analysis (CMA) for you, when requested.
    • Write up your offer and negotiate with the seller or the seller agent
    • Schedule your Inspection with the seller or listing agent
    • Be present during the inspection process
    • Help your loan officer getting all appropriate documents to closing.
  4. And the best part, upon closing ShopProp will write you a check for the commission minus our fee
It's that simple.

Fees
You never pay an upfront fee with ShopProp. Our fee is subtracted at closing and the amount varies only by the number of services you require. Services are defined as: Showings, Offers or being present during an Inspection (a licensed agent is required to be onsite during an inspection.)

  • For up to 4 services: $1995
  • For up to 5 services: $2995
  • For up to 6 services: $3995
  • For unlimited services: $4995

Example: If you buy a house for $450,000 with ShopProp as your agent and during the process you requested 2 showings, 1 offer and 1 inspection you would receive a rebate from ShopProp for $11,505. Remember if you use a traditional full commission agent that $11,505 is money that would normally go to them, not to you.

Want to save more? If you sell your existing house with ShopProp and buy your next house with ShopProp you could save even more. Example: If you sell your house for $500,000 and buy a new house for $500,000 you could save a total of $41,510

See the Math

It is so important for home buyers and sellers to be aware of the commission that they are both paying to the typical real estate agent. With ShopProp they don't have to pay it anymore.

Numbers don't lie
As a home owner if you work with ShopProp to both sell your existing home and purchase a new home both valued at $500,000 you would save a total $41,510

Traditional Agent ShopProp
Selling Your Home for $500,000
Commission paid to your Listing Agent (SOC) (3%) -$15,000 -$1495
Commission paid to the Buyer's Agent (3%) -$15,000 (3%) -$15,000
Your Cost to Sell your Home -$30,000 -$16,495
 
Buying a Home for $500,000
Commission paid to your Agent (by the Seller) (3%) -$15,000 (3%) -$15,000
Commission your Agent keeps -$15,000 -$1,995
Your Total Rebate $0 +$13,005
 
Your money that would go towards commissions: -$45,000 -$3490

ShopProp is a full service, licensed broker that will save you thousands on commissions!

Walk-through the Buying Process

The Buying Process
  1. Find properties you are interested in - Use our search tool or any other search tool to find a property that meets your criteria and save them in your property organizer. If you find a property listed with another agent or while driving a neighborhood, feel free to call or email us to find out what your ShopProp Rebate will be.
  2. Drive by the properties you are interested in - When you have narrowed down the properties with our search tool drive by the properties you are interested in.
  3. Schedule a showing agent tour - When you find properties you would like to see inside, call or email us and a ShopProp showing agent will schedule a time that is convenient for you to meet them at the properties.
  4. Ready to make an offer - If you are unsure what to offer, one of our negotiators will provide you with a CMA and talk to you about price. Our negotiator will call before hand and talk to the seller to try and get an idea of what price the seller may or may not consider. This save our clients time and money.
  5. Make an offer on the property - At this point in the transaction ShopProp operates as a full service agent. When you are ready to make an offer a ShopProp negotiator will write up and submit the offer to the seller.
  6. The seller accepted our offer, now its time for inspection - This is another important part of the transaction. A ShopProp agent will be there for the inspection and then one of our negotiators will write up and help you negotiate repairs and or cash credit for repair items that were pointed out in the inspection report.
  7. Offer accepted, inspection contingency is satisfied and now we are in escrow - A ShopProp transaction coordinator will help you through the escrow process and help you get all the information from your lender to escrow. When loan docs are at escrow a escrow officer will call you for a closing appointment. You will sign your closing docs and receive your keys to your new home.
  8. The ShopProp Rebate -
    assuming that you didn’t use your commission toward your closing costs, ShopProp will send you a check within 5 days of closing.

 

Make an Offer
Have you found that home or property you are interested in purchasing? To start the process fill out the form below or call our office at (425) 284-1505. The complete set of paperwork for your offer will be completed by one of our representatives.

Your Name:
Your Email:
Your Phone:
MLS# of property you want to make an offer on: Leave blank if unsure
Property Address:
Street Address:
City, State ,
Zip:
Name(s) as you would like them to appear on title:
Amount of offer: $
Amount of Earnest Money Deposit: $ Typically 2% of the offer amount
Closing Date: Typically 45 days out from offer date
Offer Expiration Date: Typically 24 hours from offer date
Type of Loan:
Down payment in addition to loan: $
Please check contingencies you would like included:




Additional Requests:
Notes:
  • Please include a copy of your earnest money check with your signed offer.
  • Please email/scan a copy of your Pre-Approval Letter to our office or fax it to (425) 284-1505
Call us: (425) 284-1505   Toll free: (888) 821-0556   Email us: helpdesk@shopprop.com
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