Every so often, we hear from customers who are over the moon about their homebuying and/or selling experience with Homie. We’ve dubbed them our Happy Homies. We bring you their stories in hopes of inspiring all towards homeownership.
Meet Reta and Rod
Location: Boise, ID
Age: Mid 60’s
Marital Status: Married
Children: One (lives separately)
Annual Income: $100,000
Reta and her husband Rod were ready to sell their home, downsize, and move somewhere new. However, they were hesitant after witnessing the market challenges their daughter experienced when purchasing a home in 2021. To win that home, their daughter had to act swiftly, buy it sight unseen, and make an offer above the asking price. Reta and Rod didn’t want to go through a similar situation and get stuck buying a home too quickly. They also didn’t want to sell their home and take on the risk of being unable to find a new one to live in.
That’s when Reta heard about Homie on the radio. She soon reached out to us and was connected to a local Boise agent, Abby within an hour. Reta explained that they had found a house they loved, but that they didn’t think it would last long on the market. In such a competitive environment, they were afraid the seller would not accept any contingencies.
How They Won
It was precisely then that Reta and Rod were introduced to two homebuyer-empowering tools: Homie Cash™ and Buy Before You Sell. Using both tools, Reta and Rod increased their odds of winning their dream home by submitting a cash offer and then listed their home for sale after moving into their newly won home. All went smoothly and after they closed on their new home, Reta and Rod sold their old home easily for a nice chunk of change.
“Homie had the perfect plan for us. Buy first using Homie’s Cash and then work on selling. It was fast and easy, plus we saved more than $17,000 in commission costs. We highly recommend the Homie way to buy and sell homes.”
Let’s Break Down the Numbers
| Buyer Transaction | Seller Transaction |
|---|---|
| Purchase price of new home: $550,000 | Selling price of current home: $675,000 |
| Down payment: $350,000 | Time on the market: 6 days |
| Monthly payment: $1,230 3.75% Interest Rate, 3.798% APR |
Commission paid to Homie Agent: $3,500 |
| Buyer commission given back: $9,000 | Seller savings vs. traditional way**: $16,000 |
| Total Savings: $25,000 |
|---|
Simplifying Real Estate
Peace of Mind
“We would not have done the move if we couldn’t have done it that way. We were too fearful of being stuck without a new house.”Speed
After finding the one, Reta and Rod got in contact with their Homie Agent. That same night they toured their dream home and made the winning offer in the driveway. Their offer was accepted the very next day. Homie listed their house a week later and it sold within four hours.Savings
“We’ve asked agents to give us a break on commissions and they’ve always refused. We’ve sold two homes on our own because of that.”Reta and Rod paid a low flat fee for selling with Homie ($3,500), and got the rebate on buyer commission as well.
“We were shocked by that. That’s unheard of.”
In Their Own Words
“Highly recommend it. You don’t have to sell first. You can go out and buy using Homie Cash, then you can turn around and sell your home. It just relieves all that stress. It makes the process so much easier. I also appreciated that Homie was willing to negotiate on the commissions. Other agents wouldn’t budge. We felt that realtors should be more flexible according to the market. You guys just made sense. I thought finally, a real estate company that will work with the customer.”
Ready to get ahead in today’s market?
Get Pre-Approved to Buy Before You Sell and buy with confidence today, then sell tomorrow stress-free.
*Homie and Homie Loan have a business relationship in that all are owned by the same persons. Legal Terms & Policies
** *Savings calculations based on difference between 2.5% listing agent commission and Homie’s low listing fee. Savings may vary