Online proptech service to help the modern home seller save money in agent fees, Particip8 Realty, has recently announced that it will be officially launching in the Greater Boston area.
Founded and developed by Mike Russo, a 20-year industry veteran with extensive luxury real estate experience, Particip8 Realty combines the power of the internet with simplified, affordable pricing plans, allowing users to regain control over home sales and bypass the traditional broker process.
“Particip8 Realty was founded out of a necessity to offer a home-selling solution that doesn’t ultimately cost sellers unnecessary fees,” said Mike Russo, founder and developer of Particip8 Realty. “I believe in the consumer and I don’t believe people should overpay in order to sell their homes. Through our thoughtful pricing and private consultations, we are able to recommend the appropriate plan of action for sellers, yielding fast results and significant returns at a noteworthy discount.”
Particip8 Realty provides four approachable packages tailored to the seller’s preference. This model encourages autonomous selling and provides the capability to have a guided or agent-managed sale, which still costs less than the traditional broker option. Through a free consultation, Particip8 Realty representatives work with prospective sellers to identify their goals, level of selling-savvy and provides a recommended pricing plan, ranging from the independent-selling Basic Plan for $199, the guided Essential Plan for $1,499, the time-saving Agent Pro plan for one percent of the sale, and the Unlimited Plan for a more hands-off approach.
Based on the level of required assistance, the Particip8 Realty pricing plans were designed to support a broad spectrum of seller’s needs. The Basic Plan was developed for the DIY-seller who only needs online listing support uploading to the MLS, Zillow, Redfin, Trulia, Realtor.com etc. The Essential Plan offers more guidance with items such as professional photography, an agent-hosted open house, and contract negotiation. Home sellers interested in saving time are able to enlist the support of a full-time agent with the Agent Pro Plan, and those in need of further support can utilize the bespoke offerings of the Unlimited Plan.
In a recent case study, an Arlington, MA seller saved $22,376 in fees through the Basic Plan. The property was off the market in five days and was sold 20 percent over the original listing price of $749,000. In May 2018, a Marshfield, MA-based seller utilized Particip8 Realty to sell her condo home, and within one-hour post-phone consultation her property was listed on the MLS, followed by a successful open house a few days later. By seeking the Particip8 Realty team’s expert advice, the seller was able to save $6,000.
Mike Russo has over 20 years of experience in the luxury real estate industry. Russo developed Particip8 Realty a year ago to acknowledge the inconsistencies in the broker-seller relationship.
Mike strives to save users on traditional home selling fees, while empowering agents to increase their own profits through a simplified process that allows portfolio expansion and bypassing time-consuming, outdated industry practices.
SOURCE Mike Russo
Edited by V. Haviland
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