Trelora and Houwzer Establish Parent Company Newfound, And Launch New Brands HomeRise, Dash, And Newfound Enterprise
Houwzer and Trelora are announcing the creation of their parent company, Newfound. The company is launching a suite of pioneering product lines designed to address the needs of an evolving real estate market.
The current way in which Americans buy homes is a combination of intentional design, historical accident and litigation.
Hunt’s aggressive advocacy of lower and more transparent commission rates raises key questions for anyone considering selling or buying today: What is the “typical” commission rate on a home sale? Is it all negotiable? And do you know how commissions get divvied up?
Trelora describes itself as technology-focused residential real estate brokerage that operates with a “low, fair fee model” opposed to a traditional commissioned-based approach.
“The traditional model of a home seller paying about six percent of the sale price to real estate agents involved in the transaction is outdated.”
Denver-based Trelora positions itself as a “disruptor” to the traditional, full-service real estate agency. Buyers and sellers pay a flat fee for Trelora’s agents, who are salaried.
The company believes the traditional model of a home seller paying about six percent of the sale price to real estate agents involved in the transaction is outdated…
Brady Miller, the CEO of Trelora, a real estate tech firm, also believes in the benefits of homeownership. “When you buy a home, your monthly payments are going to stay the same even as the property appreciates, which means that the money you invest will be worth a lot more in future dollars…”
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