The industry has changed. Sellers no longer need to pay commissions to two agents and two brokers.
Today’s buyer is likely to have no representation.
The solution has been in the books for decades, and its PadBlock’s business model since day one:
PadBlock represents the transaction, we do not represent the buyer over the seller, nor the seller over the buyer.
An unbiased relationship. Our goal is to close.
In 2019 8% of homes sold without an agent.
By 2022, it had ballooned to 16%.
It all started when…
In 2016 Alberto bought a home and was highly discouraged by the transaction. The agent did nothing wrong, indeed she was great.
That said, the transaction was largely analog, there was no visibility into next steps, and no transparency between the professionals needed in the transaction.
With a background in transaction management, Alberto took upon himself to build a user-centric transaction manager and embrace the era of digital transparency.
We’ve done dozens of transactions.
Our clients tell us the main reasons to use our services were:
Keeping more of their hard-earned equity
Being in control of the transaction
Our clients found these two challenges:
Am I pricing my home correctly?
How to compare different offers? (Cash vs. FHA vs. Conventional vs. VA)