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Faira Real Estate Agent Reviews

Buying or selling a home is a big deal and can be expensive, so learning how to keep costs low is important for both sellers and buyers. The process of purchasing a house can be time consuming and somewhat confusing, and people aiming to purchase or sell a house are looking for the best way to conduct the transaction.

Faira Agent Reviews

Buyers and sellers have to consider a number of important factors to help them negotiate the price of the property and other relevant parts of the purchase agreement. It’s not uncommon for both parties to feel somewhat overwhelmed when buying or selling a house. The real estate market can be unpredictable, and homeowners want a certain level of security before making any property-based decisions.

Using and agent or selling on your own have so far been the only two options. Faira aims to serve home sellers who want more control and lower costs and want superior service.

What Makes A Good Agent

Reliable real estate agents should strive to find the perfect house for each of their clients. Besides taking the buyer’s preferences into consideration, agents can also provide pricing expertise and tell consumers what they need to look at before buying a home. The process of finding homes on the market is much simpler for real estate agents thanks to their dedicated networks and resources.

Agents can also help homeowners with the simple, yet important tasks that come naturally with property transactions. From the seller’s perspective, working with a real estate agency can be easier because their property professional can take care of their MLS listing, signposts, and advanced marketing tactics (although most of these come at an additional cost).

Not only this, but these property professionals should also keep buyers and sellers informed throughout the entire process to make sure all parties are aware of all relevant changes. Consumers looking to purchase or sell a house need to take different aspects into consideration, from the potential move date to any change in the pricing of the house.

What is Faira?

Faira is an innovative platform that gives buyers and sellers control of the home purchasing process. Instead of simply relying on agents, we believe that all relevant parties should have the tools available to make informed decisions.

Buyers should easily have access to all the relevant information they need to make an educated purchase decision. At the same time, Faira gives sellers the tools they need to set a fair price and cut down unnecessary expenses. This ultimately gives the current and future house owners the power and confidence to make the best decision.

 

How Does Faira Work with a Real Estate Agent?

Many consumers still choose to rely on property professionals to help them find or sell a house. However, many buyers are looking to cut down on the costs associated with purchasing a home. Families interested in purchasing a house also need to cover moving expenses and other potential charges.

Many people also want to guarantee they are finding the perfect home for their loved ones while getting the most bang for their buck—which is the reason they hire real estate professionals.

On the other hand, people looking to sell their house want to do so at a fair price. In many cases, people sell their homes in order to upgrade to a bigger, more luxurious living arrangement, so they want to hire an agent to set the right expectation and avoid any unpleasant surprises down the line.

Working with a real estate agent can help provide guidance, especially for first-time home buyers and folks that want to purchase a better home, but don’t have the time to dedicate to it. Combining the knowledge of an agent with state-of-the-art Faira technology can help buyers find the best home at lower costs while ensuring sellers get a fair price for their property.

In a traditional model, both buyers and sellers would find a real estate agent to take care of their home transaction for them. The commission paid to both these agents would theoretically add up to 6%, with half of it going to each real estate agent.

 

Faira Agents for Buyers

Buyers that employ Faira to help them buy a home will get 2% back at closing. Faira agents will help you write a competitive offer, negotiate on your behalf and support you through closing. Buyers will also get professional one-on-one guidance, the ability to access information in the MLS database, and simple contracts that are easy to understand for all parties.

From the buyer’s point of view, the best part of working with a Faira agent to buy a home is the potential for significantly cutting down expenses when they are not needed. As we mentioned before, traditional home transactions can pay a purchaser's agent up to 3% of the total cost of the house - a number that may represent tens of thousands of dollars.

By using Faira, buyers can make an offer on any home listed on the MLS and get 2% back at closing. That money back at closing can be used to pay closing costs, remodel the home or saved for a future home project.

 

Faira Agents for Sellers

People looking to sell their homes may also use an agent, but for slightly different purposes. Putting a house on the market can seem hard if you don't know what you need. There’s also a huge number of sellers that feel left out during the home transaction. Besides the technical and legal aspects of selling a house, many homeowners are not aware of the importance of holding open houses, setting up signs, and handing out flyers. Faira allows sellers to gain full control of their home transaction while having the option of a professional agent advice.

Sellers that choose to rely on Faira agents can take advantage of the best of both worlds. By working with Faira, sellers have tools available for free that would otherwise cost them money or are simply not offered by most real estate agencies.

 

 

With Faira

Without Faira

MLS Listing

Free

Paid

MLS Keybox

Free

Additional Cost

Flyers

Free

Additional Cost

Flyers Box

Free

Additional Cost

Open House Signs

Free

Additional Cost

Sign Posts

Free

Additional Cost

Professional Photography

Free

Not Offered By Most

Accept Online Offers

Free

Not Offered By Most

Simple Contracts

Free

Not Offered By Most

 

See Faira Packages

Similarly to buyers, sellers can also save a significant amount of money. Faira provides support for sellers at a discounted price. Instead of charging the industry-standard 3%, Faira agents will sell your home for 1% commission, allowing you to take advantage of our innovative platform and a real estate agent at the same time.

 

Why Buyers and Sellers Trust Faira Agents

Property is the most expensive possession most folks will ever own, so it’s no surprise that sellers and buyers are extremely careful about whom they decide to do business with. While traditional home transactions keep buyers and sellers separated at all times, our platform aims to build trust between both parties. 

Sellers and buyers trust Faira because we strive to create a transparent, less expensive home purchasing process. By taking steps like covering third-party home inspection expenses, eliminating earnest money, and simplifying contracts, we have been working towards building a healthier real estate market for all parties.

Some of the main reasons why buyers specifically choose to trust Faira include, but are not limited to:

  • Transparency Reports Provided Upfront in the Faira listing
  • Free unlimited Appraisal Guarantee to Buyers
  • The Ability to Make Offers Online
  • Visibility of Competing Offers
  • Prevent Homes from Going “Pending” Prematurely
  • Prevent Price Renegotiation After PSA Agreement

In addition to the above, the Faria model is compatible with the traditional home transaction process. Customers who have vast experience in selling or purchasing homes want to cut down on costs, and can choose to avoid agents and reduce expenses. At the same time, first-time buyers and sellers can rely on real estate agents while still being in control of the process.

 

Should You Hire an Agent?

Hiring an agent is a personal choice, so buyers and sellers have to look at their specific circumstances to make the right decision. As we mentioned before, most first-timers will probably choose to rely on an agent to help them navigate the apparently obscure waters of the real estate market.

 

But what does a real estate agent do exactly?

Having an agent you can depend on will help give you valuable insights or potential offers you may want to make. Not only this, but buyers need to go through a certified real estate agent in order to view and access the MLS database, so having the support of a real estate agency can prove to be very beneficial for inexperienced purchasers.

At the same time, folks that don’t have hands-on experience or simply don’t have the time to take care of all the transactions can count on agents for support. Agents can take care of all the necessary paperwork while keeping sellers informed about offers and potential price changes. At the same time, because sellers receive a huge amount of support from Faira, they can also rely on an agent while still saving a significant amount of money.

At Faira, we believe that customers should always be in control. For this reason, we worked on developing a property transaction model that puts sellers and buyers in the drivers’ seats. We believe that parties who want to avoid agents should be able to save money by cutting out all associated expenses. At the same time, folks who want to work with an agent can do so without losing a grip of their sale or purchase.

This Month’s Spotlight Customer Review

There is no better testament to the quality of our work than our real estate reviews.

The following testimonial was written by one of our many satisfied customers in Redmond, Washington, and explains why he loved using Faira:

 

“I sold my house on Faira and it was awesome. Everything went smoothly. The pictures were great, they published on MLS and got it to multiple popular sites (Zillow, Redfin, etc), got the For Sale and Open House signs, and referred me to an agent to hold the open house for a small hourly fee.
I got multiple offers, from buyers with and without agents, and in the end, I am pretty sure I saved ~5.5% of the price of the house since offers of buyers coming with an agent were indeed lower.
After the offer, the process was pretty standard, just a bit more personal than having agents talking to agents. We signed docs in person with the buyers and sent to Faira to send to the title company. I texted them a few times in the intervening month, just to make sure everything was going right from their side. Finally, we went to the title company and signed the papers. That was it. Not sure why anyone would still want to pay 6% of the transaction value in agent commissions.” - Bruno, Redmond

 

The above reference showcases exactly what we are trying to achieve—making the home purchase process as transparent and easy as possible while cutting down unnecessary costs whenever possible.

 

Get in Touch with Faira Today

To learn more about our innovative platform, check out our blog, learn more about buying with Faira or selling with Faira, or contact us if you have any questions.

 

 

Katrina Wisner

Written by Katrina Wisner

Katrina is the Director of Marketing at Faira.

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