Most people have some form of long term debt and it matters when buying a home.
Saving more can help you buy faster, but you’ll still be limited by this “magical” number
There are homes out there that you think you can probably afford and some that you just know you definitely can’t. But where exactly is the line that separates them?
You work hard to find the right house for your clients. And we know how much effort it takes to make an offer. That’s why all homes listed on Faira.com offer buyer’s agents the standard 3% commission. In a typical month, Faira brings over $100,000+ in commission to buyer’s agents.
If you're researching Faira, you may have seen an article online or heard from an agent that Faira was charged by the Washington State Department of Licensing for operating as an unlicensed brokerage. The truth is, Faira was sent only a warning letter based on complaints from our competitors mostly. Faira had a real estate license since the first consumer home was listed on our website. We had even mentioned the brokerage license number on our website before the charges were served, stating that all activities requiring a real estate license are done under the privilege of that license number. In the end, that’s all the department of licensing cared about. They asked Faira so provide exactly the same in writing to them, not a word more.
Four years ago, Kamal Jain made an offer on a home in Bellevue. It had a small creek in the backyard and he imagined himself spending countless hours enjoying it while pondering economic theory and inventing new business models. The creek was important to him and he was willing to pay for it. He made an offer above asking and hoped for good news.
You’ve decided you want to buy a home. Maybe your family is growing, you got a big raise, or you just want more space. Once you have decided you want to buy, you probably ask, “Where do I start?” or, “How does a real estate transaction work?”. You are not alone. The majority of home buyers really have no idea how the process works. It’s not something you do more than a few times usually in your life.
Former eBay employee, Kamal Jain, was frustrated with the home buying process that he decided to change the industry. Three years ago, Kamal made an offer on a home in Bellevue. It had a small creek in the backyard and he imagined himself spending countless hours enjoying it while pondering economic theory and inventing new business models. The creek was important to him and he was willing to pay for it. He made an offer above asking and hoped for good news.