Realtors Now Have New Building Options Amid Historic Inventory Shortages; Compass leads the way with Welcome Homes relationship
- Relationship will allow Compass agents in the tri-state area to offer Welcome Home services to their clients
- With massive data and a technology edge, Welcome Homes verifies property and issues guarantees an all-inclusive new build price within 48 hours
NEW YORK, June 2, 2022 /PRNewswire/ — Reception housesWorld’s Leading Tech New Home Builder Launches Preferred Agent Program with Fortune 500 Company and Largest Independent Residential Real Estate Agency United States, Compass, Inc., (NYSE: COMP) in the tri-state area. The relationship between Compass and Welcome Homes will enable Compass agents to offer Welcome Home services to their clients.
“The way people buy and sell real estate has changed more in the past two years than at any other time in recent history. The brokerages that innovate the fastest will be able to bring the most of value to their agents and, therefore, to their customers,” said Gordon Golub, Regional Vice President at Compass. “Our relationship with Welcome Homes is a great example of adding value in the midst of this great evolution we are experiencing as a business and industry. There couldn’t be a better time to form this relationship due to the shortage of existing inventory in today’s world market.”
With the number of “for sale” signs has fallen by 9.5% across the country since last year, stock-outs are a priority for all single-family agents. Unlike most real estate tech games, Welcome Homes wants to empower agents, not circumvent them. “Knowledge of local markets is key to helping consumers decide where to live,” said Alec Hartmann, CEO and co-founder of Welcome Homes. “By partnering with Compass, we can dramatically improve the quality of life for thousands of families by selling them a new home. This is the product agents have been waiting for and can feel good about selling. Not only because that there is a lucrative commission structure with Welcome, but because they will literally build communities with us.”
The Welcome Homes Preferred Agent Program is essentially real estate’s “loyalty” program – incentivizing agents through a tiered commission structure that increases based on the number of homes sold through the platform. There are structured and regional bonuses, as well as a full back-office suite to support agents in the field.
As part of the program, Welcome Homes will provide:
- Commercial training on their platform and support for agents
- Co-branded advertisements
- Preferred Agent Program Compensation
- Live chat, text and phone support for back office agents
“We view this relationship with Compass through our Preferred Agent Program as surprisingly and mutually beneficial. It builds relationships with thousands of experienced local sales professionals and helps them overcome massive inventory shortage issues by building the homes their buyers want and need,” said Benji BufordVP of Sales for Welcome Homes.
The announcement of the Compass relationship follows the success Welcome Homes has had in the tri-state area, with plans to expand to the East Coast in the coming months, and nationwide over the next 24 months to provide agents across the country with more inventory and options for their customers.
To apply for the Preferred Agent Program, please visit https://welcomehomes.com/for-agents.
About Welcome Homes
Welcome Homes is the world’s first technology-enabled new home builder, creating a more seamless and price-transparent home buying process. We remove unnecessary steps to make building your client’s dream home quick, easy, and guaranteed. We completely streamline the entire process, from land selection to customization to financing and construction. Our models are available in the Tri-State area, including Westchester County, New York State, Greenwich, Connecticut, and Bergen and Morris Counties, NJ. Welcome Homes expands to other parts of the United States. For more information or to sell your own Welcome Home, visit www.welcomehomes.com.
Code word for Welcome Homes
SOURCE Foster homes