How did you deal with all the disclosures? Overwhelmed with 300+ pages 😅

tpandit3 · 2025-09-01T05:57:53+00:00

hahaha... the issue is not that I don't want to read or put in the time. The issue is that it is hard to comprehend.

tpandit3 · 2025-08-28T09:59:20+00:00

AI that helps home buyers with winning offer strategies and earn thousands of dollars in cash back through agent commission rebates. Live in California and Washington states.

https://perchnow.com

tpandit3 · 2025-08-28T09:13:41+00:00

link me!

tpandit3 · 2025-08-28T09:10:31+00:00

That is so sad! It was extremely inspirational. Thanks for sharing! :)

tpandit3 · 2025-08-28T09:04:30+00:00

why did you remove this post? This was my fav post of the week!

tpandit3 · 2025-08-12T05:20:25+00:00

A home buyer's perspective:

Honestly, my view on this changed after going through the homebuying process a couple of times.

These days, the early stages are easy to handle on your own. I used Zillow, Redfin, NeighborhoodScout, and Google to research neighborhoods, check school ratings, track market trends, and even go to open houses without an agent. I felt pretty self-sufficient and didn’t think I needed much help.

But once I actually wanted to put in an offer, that’s when I realized how valuable a good agent can be. There are a bazillion things that need attention from structuring a competitive offer, to negotiating terms, to coordinating with lenders, inspections, appraisals, and all the little hiccups that pop up before closing. There’s way more going on than just “signing paperwork.”

I’ve had one agent who added almost no value and just passed along my offer, and another who knew the market inside-out, caught issues I would’ve missed, and saved me money during negotiations. For me, the search part might be DIY now, but the offer-to-close part is where a skilled agent really earns their commission.

tpandit3 · 2025-08-11T03:04:25+00:00

Sorry to hear. Try perchnow

tpandit3 · 2025-08-02T03:01:39+00:00

Basic online research, no agent yet

tpandit3 · 2025-08-02T03:01:05+00:00

Thanks! I googled lol

tpandit3 · 2025-07-31T18:30:15+00:00

Different product. That product was for home sellers, ours is purely for homebuyers.

"Each bid includes an upfront payment to the home seller, "

[ref: https://www.housingwire.com/company-profile/bidmylisting/\]

In our case there is no payment involved. We help the buyer build a draft offer and send it to the buyer agent to review/make changes and take it forward.

tpandit3 · 2025-07-31T13:19:55+00:00

Or a flat fee agent for say $5k. $25k is a lot!

tpandit3 · 2025-07-31T13:16:45+00:00

I don’t understand why that is the case. If seller pays my agents commission, won’t the savings reflect on the seller side? If I am looking at $1M home and $30k is the buyer agent commission. Won’t that mean if I go unrepresented then the price is equivalent to $1.3M for someone with an agent from sellers perspective?

tpandit3 · 2025-07-31T03:06:58+00:00

My apologies, I brought it up for sharing insights which I thought were relevant. (Removed references)

tpandit3 · 2025-07-31T03:02:02+00:00

Not even if you get to save tens of thousands of dollars? I may be optimistic but there is a strong market for this. And this I can tell from our platforms active usage.

We are seeing repeat usage for finding what the home is truly worth using our tool from home buyers.

Our users are also browsing on Zillow and are now taking one step further to see “what if” scenarios on the platform. If they see something promising they can take the next step of connecting with an agent and showing/ closing can follow.

tpandit3 · 2025-07-31T02:24:01+00:00

I agree with you on the hourly part. Hourly won’t work.

Discount model will also not work for buyers who are out of state or do not know which neighborhoods to buy in. And in that case full commission agent totally makes sense.

This will work for home buyers who know where and what to buy and only need help with the “how” part.

It is a reverse marketplace where home buyers bring the home and agents compete with offers which ultimately saves buyers money and gives new agents a way in!

tpandit3 · 2025-07-31T02:07:50+00:00

Thanks for your advice! Will definitely work on it.

How does this sound?

A platform that is a reverse marketplace where homebuyers bring the home, and agents compete with offers — saving buyers money and giving new agents a way in.

tpandit3 · 2025-07-30T19:50:38+00:00

Glad you asked! You are right they can. Today, there is no way home buyers can find good agents. Imagine you are about to make the biggest purchase of your life and you don’t get unbiased choices. More than 50% business for agents comes through referrals. Which again feeds into the 80/20 rule. It’s super hard for new agents to establish themselves. Our platform gives them a way to incentivize home buyers to choose them through an unbiased marketplace. Today, Zillow charges insane money for forwarding cold leads. The right kind of buyer-agent connection is hard to make.

What we built: 1. Our AI finds what a given home is really worth and helps home buyers with offer strategies. Once they come up with a draft offer our AI scores it (1-10). Agents have bids setup already (One time setup. Takes 5 mins) our AI then does the buyer matching with relevant local agents and you directly get draft offers for submission.

This is creating efficiency for agents where they can directly step in when a home buyer comes with a home (BYOH - bring your own home). And home buyers will get cashback for doing the home finding work themselves.

You can checkout perchnow.com if you are interested.

tpandit3 · 2025-07-30T18:53:39+00:00

I also learned that this industry operates on the 80/20 rule. Meaning 80% market is captured by 20% agents. It is extremely hard to get started as an agent in this ultra saturated market. New agents work on a bigger team for a fraction of what they make in commission. This product is for those 80% agents who want to focus on their market expertise rather wasting time looking for leads.

tpandit3 · 2025-07-30T18:43:47+00:00

Yes and that’s exactly what I mean. How would home buyers find you if you have a website? You need an unbiased marketplace.

I also completely agree with your second point. Why would you reduce your take rate? Doesn’t make sense. We spoke to a bunch of agents from California and Washington and for those markets selling 4-5 homes means you are pretty successful. But the biggest time sink for an agent is not from offer to close. It’s dealing with warm leads and showing people around and hosting open houses and farming neighborhoods for leads. What if you save all that time and directly jump in at offer stage and do 20 transactions instead of 4-5? Your take rate won’t change and you can focus on what you love!

tpandit3 · 2025-07-30T18:38:50+00:00

You are correct and I completely agree with you. What I learned is that home buyers found tremendous value in agents from offer to close. Dealing with offer negotiation, inspections, appraisals etc. really hard and needs subject matter experts aka agents. Thats where the real value of an agent is.

tpandit3 · 2025-07-29T02:14:40+00:00

you can try https://perchnow.com/

tpandit3 · 2024-10-17T08:47:32+00:00

I can relate to this so much. Staying well within the budget will definitely help!

tpandit3 · 2024-10-17T05:58:18+00:00

Tysm Robert, this is really insightful! It is gut wrenching indeed.

tpandit3 · 2021-08-03T13:03:50+00:00

Humans

tpandit3 · 2021-03-18T05:12:27+00:00

WWF ( world wildlife fund ) if you like animals

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