PARAMUS, N.J., May 20, 2015 /PRNewswire/ -- Shaking up the status quo is all in a day's work for web-based brokerage Blast Realty, the company that's leading a shift in how real estate transactions are done. Today, residents of New York and New Jersey can sell property through Blast Realty for as little as half the commission of traditional brokerages. At the same time, agents and brokers can attract more business as clients see the benefit of lower commissions and a more streamlined process.
"There's no reason anyone should pay a 6% commission on real estate transactions," explained Blast Realty's Founder Carmelo "Mel" Oliveri. "With our paperless and virtual operation, we're able to save resources in more ways than one. And we pass those savings on to customers, while also offering agents a transparent, highly competitive commission structure that allows them to do much more business, ultimately earning more income for the same amount of legwork."
The housing collapse of 2008 rattled the industry in ways that are still being felt today. For one thing, sellers and buyers alike are more conscious of brokerage costs and more willing to put in time and energy in pursuit of a better deal, i.e. lower commissions. Blast Realty meets these customers halfway, with total commissions as low as 3%. On a deal worth $1 million, that works out to a savings potential of about $30,000. While the company avoids most of the overhead associated with maintaining physical office space, Blast Realty prides itself on offering the same end-to-end services as brick-and-mortar establishments
For agents, the Blast Realty presents a compelling opportunity to earn more money while growing alongside the company. The company offers motivated agents the chance to double or triple their income, thanks to a business model that's rapidly gaining traction among both buyers and sellers. Paying half the usual commission, after all, is a strong enticement to work with Blast Realty rather than a traditional brokerage. Commission splits start at a generous 70%, and the office provides leads to all agents.
About Blast Realty
Blast Realty is a technology-driven business model. Licensed agents are available 7 days a week via a virtual office; agents can submit forms, contracts and offers under Blast Realty's collaborative platform. As we reduce costs with printing and file storage, our agents save time and money. They spend more time with clients and less time marketing and advertising to find them. A dedicated Blast Realty agent works smarter, better and faster, which gives our clients the top-level treatment they deserve. Satisfied clients mean more great referrals and happy agents, which makes our business model the new win-win standard in the residential real estate industry.
Blast Realty – attn. Guido Kaelin
140 E. Ridgewood Ave., Suite 415
Paramus, NJ 07652
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SOURCE Blast Realty