Informed home buyers can now save an average of $7,750 under the new agent compensation rules

Starting in August 2024, NAR MLS Lawsuit Settlement rules enable informed buyers to pay a low flat fee for only the Realtor service you need, rather than a huge percentage.

$999 Purchase Agreement Forms & Assistance

  • by an experienced licensed real estate agent
  • all online service, no printing or scanning necessary
  • our low fee makes your offer more attractive than other offers where the seller has to pay 2% or more on your behalf
  • electronic signatures with the click of a button, on your smartphone
  • you make the offer you want-you decide the terms
  • standard, Realtor Association forms, along with state and federally mandated forms, where applicable
  • unlimited counter offer forms available

This service is ideal for buyers who know what they want to offer on a property. See below for additional services for buyers who want additional help.

  • Full Negotiation to Closing Service is available for buyers who want professional advice on what they should offer and how to structure the offer.
  • Full Service Agent Communication is ideal for buyers who want a professional to communicate and negotiate the offer with the listing agent.
  • Closing Arrangement is also available for buyers who want help with getting their transaction closed after an accepted offer.

This service is for buyers buying an MLS listed property, who have found that property and are ready to make an offer. If you are buying a property that is not listed by an agent, a different service is available here.

This service takes advantage of the monumental changes in Realtor Multiple Listing Service (MLS) rule changes effective in August 2024.

If you need more help, pay only for what you need:

Purchase Agreement Forms & Assistance, ideal if you know what you want to offer
$999one time, paid upfront
  • all online service
  • no printing or scanning
  • electronic signatures
  • standard Realtor forms
  • applicable state & federal forms
  • unlimited counter offer forms
Closing Arrangement Assistance
$299additional, one time
  • once your offer is accepted
  • we take the lead
  • guide you to a smooth closing
  • guide interactions with standard transaction participants
  • lender, closer, title, appraiser, inspector, etc.
  • mortgage lender selection assistance
  • title company selection assistance
Full Service Agent Communication
$1999one time, paid upfront
  • all services listed at left
  • all agent communication
  • handled by our team
  • like a traditional agent

How BuySelf Works

  1. Sign up for BuySelf service
  2. Sending an offer is quick and easy
  3. We can negotiate and close for you, or you can do it yourself
  4. You save thousands. Choose whether you want cash back or the savings applied to your down payment

How much will I save?

  • Save $4,000 on a $200,000 property
  • Save $10,000 on a $400,000 property
  • Save $16,000 on a $600,000 property

If your purchase agreement/offer is presented without using our service on a listed property, the seller will have to pay 2-3% on the buyer’s behalf. With our service, the seller will pay nothing on the buyer’s behalf. With our service, you can offer 2-3% less and the seller will receive the same amount.

Until 2024 with the landmark National Association of Realtors MLS Settlement, this kind of savings wasn’t possible. Now, buyers have control and can reduce the commission costs in a transaction to a reasonable amount for only services they actually use, rather than 2-3% like in the past. Please note, in some cases, a credit to the buyer may be necessary to achieve the savings.

Right now we are in multiple states and growing quickly. Please let us know your zip code and we can tell you current availability if we are not currently in your area, when we expect to be.

Please let us know your zip code by clicking on the Sign Up button. We will then confirm service availability, then email you asking to complete our simple questionnaire of the property details and what you would like to offer. Rush service is available-let us know. Once you have provided the transaction details and any questions you need answers for, we will send you a payment request. We accept many electronic payment methods including PayPal, which enables payment by credit cards, ach, or electronic payment from a bank account.

Depending on availablily, you may be able to have your purchase agreement ready within 60-90 minutes. Please note that timeframe assumes staff availability and no other customer backlog.

The National Association of Realtors settled a multi-billion dollar lawsuit by agreeing to pay a large fine and change the rules about how agents are paid. Those rule changes take effect in August 2024.

The rule changes give informed buyers, who use services like BuySelf, the chance to control and only pay for the services they use.  Buyers who don’t closely read their purchase agreement, commissions will likely stay the same: Sellers will price their homes 2-3% higher to cover the costs that must be paid for the agent assisting the buyer agent (even if the listing agent helps the buyer, and the buyer didn’t get their own agent).

Informed buyers who use the BuySelf service to buy can offer 2-3% less than other buyers, and the seller will still receive the same net amount. “Many economists argue that buyers do pay for commissions because they’re baked into the home’s selling price. But since the money isn’t directly coming out of their pockets, buyers have long been blissfully unaware of commissions, with some believing agent services are free.” BuySelf’s service enables buyers to take control and save money when they buy.

Sources:

Associated Press (AP) Article March 15, 2024 by Alex Veiga “Real estate lawsuit settlement upends decadeslong policies that helped set agent commissions”

Quote from “What the NAR settlement means for home buyers and sellers” by Robin

Hartill April 22, 2024 Yahoo Finance

No, you won’t get the same savings BuySelf provides by going to the listing agent directly. Even if the listing agent wanted to reduce/negotiate their commission (and they don’t), their Broker would not allow it. The standard listing agreement that sellers have already signed also makes such a change nearly impossible. Only BuySelf can enable you to reduce the buyer agent commission through our new BuySelf Buyer program under the new MLS Lawsuit Settlement rules.

Yes. For multiple bidder situations, we recommend the Full Negotiation to Closing Service, to help understand the best strategy to make an offer, by gathering the relevant information about the competition and marketplace.

Better yet, BuySelf buyers can use the savings they have to improve their offer over all other buyers.

Currently, this service is targeted to buyers who have already found the home they want to buy. If you are interested in the service, but would like help finding a home, we are developing services that can help. Please contact us and let us know the details-where you are looking, your price range, and timeframe, and we may be able to help you, depending on our team’s availability.

Yes, who pays the BuySelf commission is negotiable, and many sellers are willing. We can also structure the fee you pay to BuySelf so that it is included in the amount of your mortgage and credited to you at closing.



BuySelf, Inc. Flat Fee Buyer Agent Purchase Agreement and Closing Arrangement Services

Customer Review Summary

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Product description: Flat Fee Home Buying in the Realtors Multiple Listing Service for sale by owner home buyers. Buy, sell, and close fsbo homes with discount Realty MLS Listings with professional guidance and Realtor standard purchase agreements.