"Ownli's model allows homeowners to list and price properties directly and gives buyers access to verified nationwide listings and real-time market data without traditional agent commissions."
"According to Ownli, users on the platform save an average of $42,832 in commission costs per transaction compared with a traditional percentage-based model."
"When fees don't match the actual complexity of a deal, people notice. We think it's time consumers had another option."
Ownli has introduced a commission-free real estate platform across 43 states, featuring over 500,000 active properties valued at $313 billion. The platform allows homeowners to list properties directly and provides buyers with verified listings and real-time market data. Users save an average of $42,832 in commission costs per transaction. The launch coincides with changes in the residential brokerage industry, including increased scrutiny of commission practices and affordability challenges for buyers. CEO Blake O'Shaughnessy emphasizes the need for pricing that reflects the complexity of real estate transactions.
Read at www.housingwire.com
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