FinTech Startup Expects Service to Span All 50 States by March
(BALTIMORE, Md.) NEWS: Today, OfferMarket, a technology-enabled real estate marketplace announced the launch of OfferMarket Auctions. The company’s real estate auction framework promotes buyer competition, reduces transaction costs and delivers faster closing times.
Traditional real estate transactions can be expensive, slow and frustrating for sellers. Sellers typically pay 5-6% commission to agents, spend an additional 1-5% on repairs and staging, and another 0-5% on inspection-related concessions. OfferMarket uses ecommerce marketplace principles and a streamlined, managed transaction flow (forms, titlework) to save money and time for buyers and sellers. Transactions on OfferMarket are as-is, and sellers avoid costly commissions and repairs.