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Property Listings by Credit Card

Thursday, February 09, 2006

A company called Progressive Homesellers, Inc. announced that it's the first company to allow home sellers to list their home online with a credit card.

Visitors to the company's website can enter all of their property information into an online form and then actually pay the real estate commission in advance. Progressive is a realtor referral service, and listings are taken by agents at brand name brokerages like Coldwell Banker, Century 21 and Prudential who have agreed to list and sell homes for a $2,500 flat fee.

To ensure experience, Progressive Homesellers requires that its Affiliated Realtors have been actively selling real estate for at least five years and are in the top 5% of agents in their state by sales volume. To keep costs low, agents conduct all business remotely, by phone, fax and email. Although sellers almost never meet their agent in person, they receive full service representation, complete with MLS exposure, yard sign, contract negotiation and transaction coordination from offer to close.

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