Florida Real Estate Startup Beycome Takes The Agent Out Of Real Estate And Rental Transactions
Did you read the headline? You’ve got to see Beycome’s introduction video at the bottom of this post. We found out about Beycome from our really good friends at Miami rock star PR firm Max Borges. The story was practically handed to us in a nice, well written press release (below), but first, like always, we checked them out.
Beycome offers a simple premise that millennials and even baby boomers will love. NO HASSLE real estate and rental transactions because they take the agent out of the question. Buyer’s agent? Seller’s Agent? Both are in the transaction to make money. That $300,000 listing you saw, after splitting down with the broker and taking out fees, your agent stands to make $10k off the deal. When you start negotiating, maybe because the comps are $30,000 lower, your agent loses (on either side). Keep doing that and you will probably find your agent not as quick to pick up the phone. You’re looking for a nice house with a nice neighborhood and a garage for your BMW 4 series. The agent is saving for that Mercedes G-Wagon (AMG).
Take the agent out of the equation and put more money in your pocket.
You see, Zillow was supposed to put you in more control of your buying or leasing needs. While they offer countless listings, at the bottom of every page is, you guessed it, four agents.
That’s why Nico Jodin created Beycome. They want to put the power of real estate transactions back into the buyer, seller and leasers hands.
“Our mission is to show people they can connect directly to sell, lease and buy real estate themselves, to provide all of the tools they need, and save them money,” said beycome co-founder Nico Jodin. “When we started to receive threatening calls and emails from real estate agents every day, we knew we were really on to something. The current real estate system is broken. Owners, buyers and renters want more.”
According to the National Association of Realtors, the majority of For Sale by Owners cited not wanting to pay commission or fees as the biggest reason for selling without an agent. Every year the real estate industry earns about $91.5 billion in real estate commissions.
“beycome was an exceptional value that allowed me to save 5 percent on commissions, that’s $1,400 per year,” said beycome user Menghong. “The customer service was also fantastic, helping me make a high-impact listing that immediately got attention. After beycome, my house was rented in a week and a half to a perfect renter.”
beycome guides owners through the selling/leasing process with live chat options as well as a U.S.-based customer support team. In addition to free online listings, beycome also provides free state-certified legal documents, guidance through the entire contractual process, the ability to accept, counter and deny offers through the website, free price estimators, virtual video tours, printable marketing tools, and an open house manager. Premium services are also available to help market properties, including cross-listing on other real estate sites, featured listings and printed yard signage. beycome provides screening reports to owners interested in checking the backgrounds of potential buyers or renters coming to view their properties.
Buyers and renters looking for a new home have access to one of the largest By Owner online search platforms in South Florida. First-time buyers benefit from beycome’s user-rated database of accredited service providers for inspections, mortgages and home insurance, as well as comprehensive resource guides that walk through every step of the home buying and selling process.
beycome is backed by several notable investors, including Adrián Gimenez, who founded Dridco, the company behind top e-commerce websites including Zonajobs.com, Tiqueimoveis.com.br and Zonaprop.com.ar. Zonaprop, Latin America’s leading real estate website, was recently purchased by Navent Group. Next up for the beycome team will be a national expansion, starting with strategic markets across the United States.
Put real estate back in your own hands at beycome.com
And here’s that video filled with awesomeness that every buyer, seller and renter has experienced: