{"id":67634,"date":"2021-01-21T10:00:16","date_gmt":"2021-01-21T15:00:16","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=67634"},"modified":"2021-01-20T19:31:42","modified_gmt":"2021-01-21T00:31:42","slug":"offermarket-adds-auctions-to-commission-free-real-estate-marketplace","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/offermarket-adds-auctions-to-commission-free-real-estate-marketplace\/","title":{"rendered":"OfferMarket Adds Auctions to Commission-Free Real Estate Marketplace"},"content":{"rendered":"<p>BALTIMORE, Md., Jan. 21, 2021 (SEND2PRESS NEWSWIRE) &#8212; Today, OfferMarket, a technology-enabled real estate marketplace announced the launch of OfferMarket Auctions. The company\u2019s real estate auction framework promotes buyer competition, reduces transaction costs and delivers faster closing times.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.send2press.com\/wire\/images\/21-0121s2p-offermarket-696x522.jpg\" alt=\"OfferMarket\" width=\"696\" height=\"522\" class=\"alignnone size-full wp-image-67590\" srcset=\"https:\/\/www.send2press.com\/wire\/images\/21-0121s2p-offermarket-696x522.jpg 696w, https:\/\/www.send2press.com\/wire\/images\/21-0121s2p-offermarket-696x522-300x225.jpg 300w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><em><\/em><\/p>\n<p>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.<\/p>\n<p>OfferMarket receives a fixed service fee, typically $1,250 to $5,000, paid by the buyer at closing. A $250,000 house sold on OfferMarket would save at least $10,000 for the seller as compared to a traditional \u201con-market\u201d transaction.<\/p>\n<p>\u201cIt\u2019s amazing how much buyer competition we are generating and how much time and money we are saving the sellers who use our auction feature,\u201d says Daniel Sperling-Horowitz, CEO of OfferMarket. Sperling-Horowitz previously founded Zentail, an ecommerce marketplace software company backed by Y Combinator.<\/p>\n<p>\u201cWith on-market housing inventory near record lows, buyers are increasingly looking off-market for their next purchase,\u201d added Sperling-Horowitz.<\/p>\n<p>\u201cI contacted OfferMarket with a bit of skepticism and very little expectation of selling my property but, within only 3 days, they had several prospective buyers inspecting the home. Very fortunately, one put in an offer which was [17% above] my asking price. From then on, their handling of the process was superb. We closed on the scheduled date. I would (and will) recommend them to anyone that I encounter who has a property to sell,\u201d said Tony Santaniello from Scranton, PA.<\/p>\n<p>For additional information, please visit: <a href=\"https:\/\/www.offermarket.us\/\">https:\/\/www.offermarket.us\/<\/a><\/p>\n<p>VIDEO (YouTube): <a href=\"https:\/\/youtu.be\/Sy8RMWsR_Qw\">https:\/\/youtu.be\/Sy8RMWsR_Qw<\/a><\/p>\n<p><strong>About OfferMarket: <\/strong><\/p>\n<p>OfferMarket is a real estate marketplace that uses technology to save money for buyers and sellers. The company currently has active deals in Arkansas, Delaware, Florida, Indiana, Kentucky, Maryland, Michigan, Nevada, Pennsylvania, South Carolina, Texas, Virginia and Illinois.<\/p>\n<p>MEDIA ONLY CONTACT<br \/>\nDaniel Sperling-Horowitz<br \/>\nCEO, OfferMarket<br \/>\n443-492-9941<br \/>\nhello@offermarket.us<\/p>\n<p>*LOGO link for media: <a href=\"https:\/\/www.Send2Press.com\/300dpi\/21-0121s2p-offermarket-300dpi.jpg\">https:\/\/www.Send2Press.com\/300dpi\/21-0121s2p-offermarket-300dpi.jpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BALTIMORE, Md., Jan. 21, 2021 (SEND2PRESS NEWSWIRE) &#8212; Today, OfferMarket, a technology-enabled real estate marketplace announced the launch of OfferMarket Auctions. The company&#8217;s real estate auction framework promotes buyer competition, reduces transaction costs and delivers faster closing times.<\/p>\n","protected":false},"author":8763,"featured_media":67590,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,12804,112,527,1,10711,426,40],"tags":[15167],"class_list":["post-67634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","category-ap","category-auction-news","category-baltimore-news","category-business-news","category-fintech","category-maryland-news","category-video-news-release","tag-online-real-estate-marketplace","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":5426,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/67634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/8763"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=67634"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/67634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/67590"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=67634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=67634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=67634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}