Comparisons
Botway compared with a traditional brokerage
A full-service agent, paid a percentage of the sale price.
| Botway | A traditional brokerage | |
|---|---|---|
| Fee on $1,000,000 | $10,000 full service, or free to list yourself | $30,000 At 3% on the listing side, as an example. |
| What you pay | 1% listing side ($5,000 minimum) for full service, due at closing. Listing it yourself is free. | A percentage of the sale price. It is negotiable, so get the listing-side rate in writing. We show 2.5% and 3% as examples. |
| Pricing | We price it off comparable sales and tell you how sure we are. You decide. | Your agent recommends a price. |
| The MLS | We put it on the MLS ourselves. We are the brokerage. | Your agent lists it on the MLS. |
| Inquiries and showings | Full service: we answer every inquiry and run the showings. Free listing: leads go straight to you. | Your agent coordinates showings. |
| Offers and negotiation | Full service: we review every offer, tell you what we think and why, and negotiate once you say go. | Your agent negotiates. |
| Closing | We run it through closing and you watch it in your Console. Your attorney handles the legal side. | Your agent coordinates closing. |
| After the sale | If you keep a property, we keep watching it. Value, costs, renewals, repairs. | Usually ends at closing. |
| Licensing | Licensed brokerage in New York and Connecticut. | Licensed. |
Listing side only. What you offer a buyer's agent is separate, and it is your call.
Why owners choose Botway
- Same full service, pricing through closing. 1% on the listing side.
- You see every offer and our reasoning on it, not just a thumbs up.
- You can see where your deal stands any time, in your Console.
- If you keep a property, we keep watching it.
When it may fit better
You already have an agent you trust and the fee is worth it to you.