This program offers you money in advance, but then puts a 40 year lien on your home episode artwork

EPISODE · Nov 18, 2022 · 21 MIN

This program offers you money in advance, but then puts a 40 year lien on your home

from Real Estate Called Out · host Wendy, Founder of Selling Later

We have a guilty habit of watching the real estate start up scene and trying to figure out all the ways they make money off of consumers.     One start up in particular, was offering consumers money in advance (between $500 and $5,000), as long as the homeowner used the brokerage to sell their home at some point.    No matter how much we dug into their website, we couldn't figure out the catch, but that all changed when this article came out.This company is essentially putting a 40 year lien on the customer's home.For this episode, we asked Real Estate Reporter, Rebecca Liebson at the Tampa Bay Times, to join us in dissecting this company to learn what happens if you take their money, what happens if you sell with someone else, the lack luster response from the National Association of Realtors, and what this looks like with over 29,000 customers still active in this program.Highlighted in the podcast:Rebecca's articleThe ads and website before and after this article came outGot a question?Support the showState laws and regulations may vary.Have a story you would like to share with other sellers or buyers?Hit us up here.

Episode metadata supplied by the publisher feed · Published Nov 18, 2022

Embed this episode

We have a guilty habit of watching the real estate start up scene and trying to figure out all the ways they make money off of consumers. One start up in particular, was offering consumers money in advance (between $500 and $5,000), as long as the homeowner used the brokerage to sell their home at some point. No matter how much we dug into their website, we couldn't figure out the catch, but that all changed when this article came out. This company is essentia...

Distinct summary based on available episode metadata or transcript content.

Ready to play

This program offers you money in advance, but then puts a 40 year lien on your home

0:00 21:31

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Real Estate Called Out?

This episode is 21 minutes long.

When was this Real Estate Called Out episode published?

This episode was published on November 18, 2022.

Can I download this Real Estate Called Out episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!