Buyer Model Explained
We get a commission from the sellers to represent buyers. We keep the same flat fee from our tiered model and rebate the rest to our buyers.
- $5000 (flat fee) up to $500,000 (listing price)
- $7500 (flat fee) up to $500,001-$750,000 (listing price)
- $10,000 (flat fee) up to over $750,000 (listing price)
The Better Model
We had an idea: buyers should maintain full control of their home purchase, every step of the way. Buying a home through Opnhouz means full transparency, and a process you can trust.
The Standard Commission Arrangement
The buyer’s agent traditionally receives up to half the commission from the seller’s agent. As a buyer, you may never see this transaction; it’s a payment made from one professional directly to another.
The Opnhouz Rebate and Flat Fee Model
The Opnhouz model means that the commission, minus our flat fee, is delivered straight to you. This is how the tiered fee structure works:
$5,000 for transactions between $500,000 and $750,000
$7,500 for transactions between $750,000 and $1,000,000
$10,000 for transactions above $1,000,000
Buyers receive a rebate of the buyer’s broker commission offered by the seller minus the flat fee charged by Opnhouz.
For example, on a $600,000 purchase, if the seller’s broker is offered 3%, you will get a rebate of $13,000 towards your closing costs.
Personal Guidance x Digital Power
Facts are facts, and the fact is this: the real estate process can be complex. With an Opnhouz concierge, your licensed real estate agent, you are guaranteed access to expert knowledge and guidance aimed at ensuring your experience is streamlined and seamless. Our licensed agents will walk you through the pre-approval process while helping you research listings in your desired area. And, if you’d like them to accompany you to an open house you’re planning on attending, we can definitely arrange that.