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How can the highest offer still lose out on a home?

March 01, 2022

How can a higher offer lose out to a lower offer? In hot markets across the United States the status quo presumption is that the highest offer will win in a bidding war.  However many agents and their buyers find themselves frustrated, heartbroken, exhausted, and sometimes stuck between buying a home they don't fully "feel home,&qu...

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How one special word will change an entire industry

February 09, 2022

NoDiscount.com was created out of a desire to find a scientific solution to one simple question:  Why take chances selling at a discount with only one or two offers?  Why limit a property to offers from only Realtors or For Sale By Owners?  Throughout this site you will be referenced to the term One Special Word.&...

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Is it illegal to offer incentives to buyers or sellers?

January 26, 2022

One of the most common misunderstandings in real estate, mortgage, and the settlement business is the topic of incentives, gifts, discounts, and freebies.  Can you use incentives, gifts, discounts, or freebies to induce or improve the chance of a sale?   In recent years the Federal Government has been cracking down on one-stop shop inc...

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Make An Offer Summary

January 20, 2022

General Instructions For Offer Summary At NoDiscount.com you must provide an offer summary before submitting a formal offer or purchase agreement.  This saves time - Saves paper.  After submission you will receive confirmation via email almost immediately.  To submit an offer summary simply search for the property that you want an...

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The problem with your offer could be your agent...

December 17, 2021

When many think about writing offers the visual isn't often friendly.  That's because real estate offers are often written at the last minute or with little advance notice to the parties, ie.. the buyer, seller, or agent.  With working schedule, language barrier, mobility, and transportion issues adding to the obfuscatio...

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Discover what millions of real estate agents already know BUT don't do....

November 30, 2021

Each year hundreds of thousands of motivated and highly-inspired individuals across America and throughout the world choose to become licensed real estate agents for legitimate reasons:  HIGH PROFIT FOR LITTLE WORK.  Over the years millions have invested thousands of dollars each in education, membership dues, tools, and communicatio...

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The average American is $92,727 in debt

November 21, 2021

According to the finance site Bankrate.com the average American owes $92,727 in various kinds of debt ranging from credit cards, student loan, car loan, and other personal debts.   Average American Debt | Bankrate Imagine what you could do with debt if you could put an extra $10,000 to $50,000, OR MORE in your pocket when you b...

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How did Zillow lose $50,000 per property? A real case study....

November 09, 2021

Updated November 21, 2021 with final sale price.    Perhaps the biggest news in the real estate industry since we began testing the NoDiscount® model in 2003 came six days ago when the home valuation Goliath Zillow announced the company will be exiting the instant home buying business.  Between 2011 and 2021 Zillow ama...

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We're celebrating 20 years of generating multiple offers!

October 19, 2021

NoDiscount.com might be the newest kid on the block in 2021; yet, we certainly have the most experience in generating multiple offers for properties.  After searching the web for social proof we'd thought you might be interested in reading what hundreds of sellers across the United States, Australia, New Zealand, and Canada have ...

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SCAN the QR to make a faster offer!

October 14, 2021

"While homebuyers have shifted their buying behavior to websites, today's sellers and agents still use the same S-L-O-W 100 year-old offer process - The equivalence of paying through a fast food drive-thru and asking customers to wait 1 hour for the food." -- Founder of NoDiscount.com  It's true -- The Smartphone...

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Honey! I don't want to pay the closing cost

September 23, 2021

Today's buyers can be easily excited at the sound of paying no closing cost or no down payment.   And with closing cost edging 2-4% of a purchase price it shouldn't come as a surprise that no buyer wants to pay unless they have to.  When it comes to paying it isn't a matter of whether there is closing cost.  A more i...

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When real estate offers become like SPAM

September 09, 2021

Updated:  September 9, 2021 In a hot market sellers with multiple offers often assume that the offers received must be the best and highest.  In a slow market the same seller might assume that a home without offers is one caused by a laggard or unperforming real estate agent. While both of the scenarios above may have held some trut...

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Why did we copyright protect SCARY real estate?

August 23, 2021

According to industry publications there are currently over 2 million licensed real estate agents in the United States -- Of this 1,359,208 are Realtors.    With over 1.3 million licensed real estate agents as Realtors the primary difference among them is the number of years experience they have and how much they charge ...

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Buying and Selling A Home Sucks!!!!

August 10, 2021

"Let's face it-- No matter how you look at it -- If you are one of the milions of Americans who will sell a home only once or twice in a lifetime...." IT SUCKS!  AND IT SUCKS BIG TIME!!! And there are several reasons why.   First:  Regular real estate agents charge a lot of money and yet don't real...

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Can we become the Google of the real estate industry?

August 09, 2021

You've heard of websites that can give you home valuation estimates.  You've seen companies buy houses at a discount.  You've heard of discount real estate companies.  AND--You've seen real estate agents who charge a lot of commission and deliver discount result.  We've thought through the entire home selling...

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...to accept a cash offer or to NOT: Why not compare?

August 08, 2021

A recent article on Forbes discusses a trend that has been taking ( shocking ) the traditional Realtor industry by storm; and frankly--- we don't believe it's such a big deal. https://www.forbes.com/sites/johnwake/2019/09/01/the-surprising-way-real-estate-agents-are-adapting-to-ibuyers-buying-houses-directly-from-sellers/amp/ At NoDis...

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Tired of the wrong real estate commission?

August 07, 2021

Be sure to ask your agent about commission compression.  At NoDiscount.com we believe comparing commission is equally important as comparing offers on a home to identify the most profitable option.  For nearly 110 years the real estate community and consumers have not been able to compare offers and commissions simultaneously.  Un...

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Buying your home with crypto currency?

August 03, 2021

When we added Crypto Currency to our 1-page offer as part of NoDiscount optomization some might have thought that we had lost it -- completely!   We believe this is just the beginning.    https://www.fox13now.com/news/technology/utah-man-trying-to-sell-his-home-for-dogecoin?_amp=true&fbclid=IwAR2xBb2ZBwqte-oMOoyUw...

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United States vs. The Real Estate Industry

June 19, 2021

On June 5, 2018 the Federal Trade Commission, an arm of the United States Department of Justice, hosted a "What’s New in Residential Real Estate Brokerage Competition – An FTC-DOJ Workshop" to discuss concerns from varying players in the industry about the Competitive impact of nontraditional real estate fee and service mo...

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Turn Your Smartphone Into A Real Estate Agent!

June 19, 2021

It's not just a cool and sexy slogan, Turn Your Smartphone Into A Real Estate Agent!® is one of our registered trademarks.   For nearly 110 years consumers have been limited to working either with a real estate agent that charges around 6% or managing the home selling process ( and headache ) on their own.   NoDisc...

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We're taking the SCARY out of real estate after 110 years!

June 19, 2021

Just as the Covid-19 had paused the entire world for nearly 2 years, we paused NoDiscount.com for 15 years as the U.S. Government and Real Estate Industry battled to accelerate innovation and commission transparency.   An agreement between the US Department of Justice and Real Estate Industry on November 19, 2020 gave us the green ligh...

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