Apr 18, 2024

The 6% Commission Era Ends – Homebourse is changing the game for real estate sales

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Following the recent announcement of the demise of the 6% commission standard in home purchase transactions, Homebourse, a game-changing platform has emerged right here in South Florida.
In light of the National Association of Realtors’ groundbreaking settlement, eliminating rules on commissions, the real estate sales landscape is rapidly evolving. With the abolishment of this long standing practice, a window of opportunity has opened for alternative models in selling real estate, prompting a seismic shift in the market. This news comes amongst the midst of one of Florida’s rapid population growth and a robust supply of new housing units. The new era of real estate is here – enter Miami-based Homebourse.

Homebourse Introduces the Click-and-Buy Marketplace for New DevelopmentsHomebourse is a cutting-edge click-and-buy marketplace set to revolutionize how developers market and sell their new developments. The company is bringing the convenience of online shopping to the world of property acquisition by empowering developers and agents to market and sell pre-construction properties and new developments online globally. Without the need to travel across the globe, Homebourse enables buyers to experience the entire buying process, from browsing listings to closing deals. With the power of Homebourse, buyers can now purchase new construction properties with the ease and convenience akin to shopping online on platforms like Amazon.

As the Florida real estate market continues to propel the state’s economy, investors turned their attention to the best real estate investment cities within the Sunshine State. With the median property price pegged at $625,492 in 2023 and an average cash on cash return for long-term rentals at 4.04%, the appeal for investing in real estate here is clear. Driven by rapid population growth and a robust supply of new housing units, Florida’s housing markets are experiencing a demand surge, making it an attractive hotspot for real estate investors seeking sustained growth.

In this competitive landscape, certain cities in Florida stand out as the best places to invest in real estate, offering unique advantages from cultural vibrancy to waterfront luxury. According to Homebourse, the top 10 prime locations that promise high returns for real estate investors are Sarasota, Tampa, Orlando, Jacksonville, Ft. Lauderdale, Gainesville, Ft. Myers, St. Petersburg, Vero Beach, and Tallahassee.

In such a hot marker for real estate, Homebourse is changing the game for developers. Homebourse offers a suite of features including a customizable AI Agent, electronic offer and counteroffer management, e-signing, payment management, marketing solutions, and streamlining the sales process entirely online. This platform empowers developers to reach global markets and enhance buyer satisfaction with a seamless purchasing experience.
Istvan Fehervari - CEO - Homebourse | LinkedIn

Istvan Fehervari, CEO and Founder of Homebourse

“It’s about time the real estate industry underwent a digital transformation,” said Istvan Fehervari, CEO and Founder of Homebourse. “We want to streamline buyers’ home buying process while helping developers embrace the tech revolution and access global audiences.” 

Homebourse allows developers’ sales teams to showcase and sell their pre-construction and new developments online in a simple, streamlined process. It empowers developers and agents to market and sell pre-construction properties and new developments online globally. Without the need to travel across the globe, Homebourse enables buyers to experience the entire buying process, from browsing listings to closing deals. Homebourse introduces the future of real estate.

By integrating Homebourse into their sales toolkit, developers and their agents gain a unique blend of a listing platform and tech-powered marketing services for their projects. At the same time, buyers can experience the entire buying process online, from browsing listings to signing legal documents and managing payments. Homebourse makes remote and overseas transactions more user-friendly, helping developers tap into international purchasing power. 

With Homebourse, developers get a branded Project Page under a unique subdomain (projectname.homebourse.com) showcasing available inventory, project information, and much more. It brings the in-person experience online, offering 3D tours and live video tours, with buyers receiving project-specific information and general information about the location and market delivered by Homebourse’s AI Agent and customer support team. The AI Agent is trained to provide detailed information about the project and converse with potential buyers. This AI Agent aims to facilitate searches, drive sales, and seamlessly connect users with realtors. 

For large-scale projects, Homebourse offers to create fully customized websites, leveraging the ecosystem’s capabilities. This allows brands to showcase their distinctiveness and exclusivity with all of Homebourse’s innovative features. 

For buyers, Homebourse provides a convenient way to browse and shop for properties. In its one-stop-shop platform, buyers can seamlessly discover, research, and purchase properties online. Homebourse ensures streamlined transactions with a full mortgage origination stack.

Homebourse elevates the pre-construction and new development sales experience for buyers and developers, bringing real estate sales to the digital age. 

For more information, please visit www.homebourse.com.