Frequently Asked Questions

 
 

MyVirtualProperty Agents believe in transparency,  technology, and fiduciary responsibility to streamline the home selling process. We believe that the current real estate model is outdated,  convoluted and with too much money going into the hands of agents and brokers.  

Have Other Questions? Contact Us »

 

Will my listing only appear on the MVP app?

Listings will appear within the Reali system, as well as MLS and all leading real estate sites (i.e. Zillow, Trulia, etc.). Our extensive marketing program ensures that as many realtors and prospective buyers as possible can find your listing.

Do you manage open houses like other realtors?

We offer traditional open houses on a case-by-case basis. As an exclusive benefit, Reali-listed homes are equipped for our On-Demand Open House feature, which allows buyers to view a home at their convenience. This provides maximum exposure of your home.

Low Anxiety

We streamline the entire home selling transaction with more technology, less paperwork, our MVP support system and hands-on MVP Real Estate Experts.

WHAT IS THE INCENTIVE FOR MVP REALTORS TO SELL MY PROPERTY?

As well as advertising extensively, we also rely on word of mouth to get new listings. If you think we've done a good job, you'll be more likely to recommend us to your family and friends. There's no better incentive than the promise of more business. This is proven with over 25,000 independent consumer reviews on Trustpilot who have had an outstanding experience with Purplebricks.

DO I HAVE TO PAY UPFRONT TO LIST MY HOME?

No. You don't have to pay anything until your property is sold or until 6 months has elapsed. In the unlikely event that your property hasn't sold after 6 months we will still market the property until it is sold and only at that point would you pay the buy-side fees.

AM I MORE LIKELY TO GET A BETTER PRICE FOR MY PROPERTY WITH A TRADITIONAL REAL ESTATE AGENT?

No. The process we follow puts a lot of emphasis on analyzing local market trends and determining the actual sale price of comparable properties to your own. We will visit your home, provide a comparative market analysis (CMA) and talk to you about aspects, which may affect its potential value. We market all our properties on the MLS and on major portals such as Zillow, Realtor and Trulia.com as well as the MyVirtualProperty website. We will work tirelessly to get you the best price possible, by reaching the most qualified buyers.

Will a real agent represent me?

Yes! A dedicated Reali Expert will be assigned to you. Every Reali Expert is a licensed real estate professional, who can guide you through every step of the process. Importantly, Reali Experts do not work on commission, so they are driven by your success, not theirs. Your Reali Expert is also supported by an extended team of project managers, escrow managers and more.

Flat Seller Fee

When you list with us, all you pay to Reali is one flat Seller fee of $4,950. This is thousands less than the typical 2.5-3% Seller's agent commission. After all, this is your investment, not ours.

Timely Close of Sale

Our highly-targeted, customized marketing plans, rich data and innovative mobile app presents your home in ways that today’s Buyers will appreciate, and gives them multiple tools to thoroughly research your home, make an offer and speed the close of sale.

HOW DOES MY VIRTUAL PROPERTY MAKE MONEY WHEN THEY ARE SAVING HOME SELLERS THOUSANDS OF DOLLARS IN COMMISSIONS?

The proprietary software system we have developed saves our real estate agents (we call them Local Real Estate Experts) huge amounts of time and allows communication to happen in real time, avoiding unnecessary delays. This allows our agents to operate efficiently in the field working with homebuyers and sellers, eliminating the need for traditional branch offices, allowing us to pass cost savings on to our consumers. Furthermore, our marketing and advertising campaigns provide all the listings opportunities, so our Local Real Estate Experts don't have to spend a big proportion of their time soliciting new leads. They spend their time doing what they are good at and what they love… helping people buy and sell their homes. This means they can sell more houses more quickly than a traditional broker while providing superior customer service.

IF MY PROPERTY IS ALREADY ON THE MARKET CAN I USE MVP REALTORS?

No, if your property is already listed with a licensed real estate brokerage in the multiple listing service (MLS), you'd have to ask for an unconditional withdrawal to list exclusively with MyVirtualProperty.