We’ve Saved Our Customers over $2,000,000

MHB just reached $2,000,000 in customer savings!

That’s an average savings of $7,703 per customer and $2,000,000 worth of commission we didn’t collect, all while still providing a successful and high value real estate service.

Why would we do that? Because we’re here to improve real estate for our clients, our agents and our industry.

Here’s why we do what we do:

For our clients

We believe everyone wins when our clients keep more of their home equity and receive a top notch service.

Big listing agent commissions are ridiculous in today’s market. The real estate industry is holding on to an ancient business model and commission structure. A few decades ago the average price of a home was a fraction of what is it today. Thus, a commission of 6% might make sense 30-40 years ago. In addition, tools for marketing and selling homes have become more accessible. The internet and streamlined the job of marketing and selling homes. What’s changed with the traditional Realtor? Not much, except there are now a lot more Realtors.

For our agents

We want our agents to be happy and successful.

The average realtor works under a broker as an independent contractor. They usually sell less than one home per month and are provided very little support to help them succeed. The traditional agent pays all their own business expenses, pays their broker a monthly fee for the use of the company name, then splits the commission they generate.

Our agents are employees with benefits—no fees or expenses and a significant percentage of their business is generated by the MHB’s marketing efforts. Our agents sell about one house per week and thus gain exponentially more experience and earn a higher income than the traditional agent.

For our industry

We’re shaking things up a bit. Instead of focusing on quantity of agents, we’re focused on our value/quality of sales and service.

recent survey commissioned by the National Association of Realtors reported the following as the number one problem the industry faces:

“The real estate industry is saddled with a large number of part-time, untrained, unethical, and/or incompetent agents. This knowledge gap threatens the credibility of the industry.”

Until the traditional brokers stop recruiting more and more realtors with the allure of “big commissions”, this perception of our industry will not change.

To learn more and keep up with our progress as The Evolution of Real Estate check out our Sell my House page. If you would like to reach out, please use the contact form below.

Updated: August 14, 2017

The Numbers

Your home sold. A bigger check at closing.

MHB provides an outstanding, top rate real estate service, at a one rate fee of $2,500 - $500 upfront and $2,000 at closing. We still offer to pay buyer's agents a commission, but that fee is only paid if there is a buyer's agent involved.

Selling PriceTraditional AgentMHB SavingsMHB Direct Savings
$200,000 $12,000$3,500$9,500
$300,000 $18,000 $6,500$15,500
$500,000 $30,000 $12,500$27,500
$750,000 $45,000$20,000$42,500