WEST ORANGE, N.J., Oct. 3, 2011 /PRNewswire/ -- Reward Realty, a newly formed real estate venture, today announced the launch of a first-of-its-kind program that provides brokerage offices with an inventive vehicle to differentiate themselves in the highly competitive residential real estate marketplace, while rewarding the homebuyers and sellers they work with at the same time.
Available in more than 40 states across the US, the Reward Realty program utilizes a point-system whereby homebuyers and sellers working with a participating brokerage office are awarded a specific number of points at the time of a home closing. These points can then be redeemed at Reward Realty's user-friendly online catalog for a wide variety of brand name, home-oriented products and services.
Point-based rewards programs have long been utilized in other industries, ranging from airlines to credit cards, but the launch of Reward Realty marks the first time a point-based rewards program is being offered in the residential real estate industry.
"I specifically created this program to provide residential brokerage offices with an innovative way to differentiate themselves from the competition and drive business," said Kevin Codey, founder and CEO of Reward Realty. "Real estate brokerage offices that partner with Reward Realty are able to market their own brand and set themselves apart by offering their clients tangible, value-add benefits that enhance their home purchase or sale."
Currently, homebuyers and sellers who work with real estate agents from participating brokerage offices can select high-quality products geared toward the home environment from more than 300 premier brands, including GE Profile, Cuisinart, Apple, Bose, KitchenAid, Samsung, and many more. Categories include entertainment, electronics, gourmet food, sporting goods, furniture, outdoor living, and health and wellness. All products are shipped directly from Reward Realty's 500,000-square-foot warehouse to the participants' homes. Activities such as concerts and vacation experiences are also being added. Customer service is available Monday through Friday from 8 a.m. to 8 p.m.
"Conditions in the housing market today have created a more value-conscious buyer," stated Codey. "The Reward Realty program is a smart way for residential resale brokerage offices in particular to instill confidence in their clients that they are receiving the best value proposition available when purchasing or selling a home."
For more information about Reward Realty, visit www.rewardrealty.net or call 973-731-2010.
About Reward Realty
Founded by Kevin Codey in 2011, Reward Realty has created the first-of-its-kind, points-based rewards program for the residential real estate industry. Available via select participating brokerage offices in more than 40 states, the program enables homebuyers and sellers to redeem points earned through their home by choosing from a wide variety of high-quality home-oriented products and services from more than 300 premier brands. For more information, please visit www.rewardrealty.net.
SOURCE Reward Realty