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by civility 2558 days ago
What rate do they charge? It looks like they provide a cash offer and then find financing so you can buy it from them. I didn't see anything about how this eliminates middle-men and egregious fees.

I'm not sure though, because I got a "Oops, something went wrong" popup when I tried to use their site.

1 comments

I just found their quote:

> Flyhomes makes money through the commission paid by the home’s seller.

This is the same lie all realtors love to throw out. "You don't pay - the seller does!". Never mind the buyer is the only person who brings money to the transaction.

Unless that commission is much smaller than a traditional realtor, I hope they fail.

There are more ways to innovate than just offer the same thing for less money. You can offer more things for the same money, which is what FlyHomes is doing. That is actually the more common and more financially viable form of innovation.
You're right, of course. However in this case, I'd like to see someone fix the problem instead of just making it more palatable. To me FlyHomes looks like just another realtor who screws you for too much money, but they give you flowers before they start and candy when they're done.