Reozom Bares all

Reozom is all about Transparency. To prove this Team Reozom is “Getting Naked” by showing all the cancellations received in 2015 & 2016 with the Sellers outcome after switching over to a traditional Real Estate Agency. The numbers prove what Reozom has continued to state since 2008. It’s not about getting to the “Next Level” of marketing. It’s only ever about the PRICE! This data is based on an average 3% Listing Agent fee. On a home that sells for $250,000 the Broker Fee is about $15,000; you can avoid this by selling it yourself. (based on 6%) Agents believe they can get you more money through negotiation, leverage of local knowledge, use of marketing tools and ability to qualify buyers. Reozom’s full frontal Real-Time numbers

This data is based on an average 3% Listing Agent fee.

On a home that sells for $250,000 the Broker Fee is about $15,000; you can avoid this by selling it yourself. (based on 6%) Agents believe they can get you more money through negotiation, leverage of local knowledge, use of marketing tools and ability to qualify buyers.

Reozom’s full frontal Real-Time numbers proves them wrong! In 2015 Reozom had 135 total listing Cancellations & 2016 we had 123 Cancellations. Yes, these are pretty big numbers and that is why Team Reozom has researched into why. Agents convince Sellers they are missing the market by being listed through Reozom.com. This proves they are wrong!

Only 59 of those Cancellations listed with a Traditional Agent in 2015 Sold & 45 in 2016 (Many decided to not Sell).

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Above and Beyond Real Estate Technology

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Reozom identifies as a real estate technology company, but that doesn’t mean our team consists of a bunch of robots! Here at Reozom, we care about our buyers and sellers and we do all that we can to help their real estate transactions be successful ones.

Here are a few ways Reozom goes above and beyond:

1. Top Notch Customer Care Team
Reozom has a dedicated and driven Customer Care team that is available online or by phone to help you with anything you may need. Whether you have a question or want to know more about Reozom, they can give you any answer or assistance.

Reach out to them at support@reozom.com or call (810) 987-1100. They are always happy to help!

2. Social Media Presence & Marketing
Reozom is active on multiple social media channels, which helps grow the pool of potential buyers for our sellers. We post on social media daily and also post every single listing on our Facebook page. Our team knows that our social media audience is mainly Millennials, which is great for our sellers because Millennials make up the majority of buyers on the market.

We have created marketing campaigns that highlight our seller’s listings such as our #ReozomHome of the Week campaign. Every week we feature a Reozom listing and post it on all of our social media channels.

3. Quality Platform and Design
Our awesome and incredibly talented development team works every day to build Reozom into a stronger and better platform. We have put a lot of focus in making the Reozom experience as effortless and intuitive as possible.

Plus, we pay attention to detail. Our development team designed our listing pages to accentuate the property photos and provide simple navigation. An online listing page is often the buyer’s first impression of the home, so having a gorgeous site design was very important to us.

Reozom is a tech company that is ran by a team with a lot of heart. Our team always has our user’s best interest in mind. We are here to make your real estate experience a better one!

Follow us on Facebook, Instagram and Twitter for more updates!

3 Real Estate Improvements to Bring in the Buyers

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The reality of real estate right now is that buyers want move-in ready homes. The majority of buyers in the market are Millennials and this generation is used to getting exactly what they want when they want it.

Reozom, the online real estate transaction platform, has an online social audience that is mainly Millennials and Gen X-er’s (which is awesome for our sellers!). Because of this, we know what these buyers are looking for.

Basically, if your kitchen or yard is “on fleek”… you will attract a lot of buyers. Current buyers in the market are drawn to surface-level qualities of a home. This is actually a good thing for sellers because most of these improvements are quick fixes that can be done easily and inexpensively.

Here are 3 home improvement ideas that will make any buyer do a double-take:

1. Fresh Paint & New Carpet
There’s nothing closer to pressing the reset button than freshly painted walls and newly carpeted floors. Not only does this add a clean vibe to the house, it is very appealing to buyers. It makes the home feel like a blank canvas for them to make their own.

Even better, this fix can be decently cheap. You can often find great deals on paint and carpeting. If you don’t mind putting in a little work yourself, the project will cost even less!

2. Stainless Steel Appliances
So, it’s not news that buyers LOVE stainless steel appliances. Updated kitchens can make a huge impression for buyers. They really love granite countertops, but if you’re not looking to do a total kitchen overhaul, getting stainless steel appliances will boost the appeal with very little effort on your end.

Stainless steel appliances often go on sale at places like Lowe’s and Home Depot, so keep your eyes peeled!

3. A Landscaped Yard
Curb appeal is still a very real thing. A picture of the house and yard itself is usually the first photo shown on an online listing page. The home’s yard can have a major impact on the buyer’s initial impression of the property (in-person and online). Taking a Sunday to plant some flowers will absolutely be worth it.

If you are thinking of adding some trees or shrubs in the yard, keep in mind that buyers are also looking for little upkeep. Plant trees that don’t require a ton of trimming and maintenance.

All of these quick improvements can help move your home off the market fast!

For more tips and updates, follow our Facebook, Twitter and Instagram.

3 Ways Reozom’s Technology Solves Real Estate Transaction Pains

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When we say “real estate transaction,” you then probably think of all the stresses that come along with it. It usually involves playing waiting games, figuring out confusing paper documents and then having to negotiate the deal.

It’s no wonder that many of us hire a real estate agent to help us out. But that was before the technology of Reozom‘s online real estate transaction platform. Reozom is intuitive, easy to use and best of all, it can save you thousands of dollars on expensive commission fees.

Here are the top 3 perks that Reozom provides for the home buyer and seller, so they no longer have to deal with the pains of real estate.

1. Instant Gratification
A residential property can be listed on Reozom in under an hour. Reozom then blasts it off to be marketed on other major sites like the MLS, Zillow, Trulia and Realtor.com. It could take 3-7 days for you to see a listing live online when going the traditional route.

Buyers can also schedule showings directly on Reozom within seconds. Typically, the buyer will find a listing online that they like and call their real estate agent to tell them they want to see it. The buyer’s agent then has to call the listing agent and then the listing agent needs to call the seller… so on and so forth.

With Reozom, that’s no longer the case. We connect the buyer and seller directly, so showings can be scheduled with a couple clicks.

2. Effortless Paperwork
People are usually pretty intimidated by the “paperwork” that comes along with real estate transactions. When listing a house through Reozom, the seller will complete all of the legal documents while being guided through our simple, online listing process. All of the documents auto-populate and can be signed electronically by the user upon submitting their listing.

As for all of the other paperwork you may be thinking of, that’s mainly completed by your title company. So make sure you find a great title rep that can help you out.

3. Streamlined Negotiation
Negotiating can sometimes be tough, especially if you’re not used to doing it. On Reozom, buyers can submit offers directly to a seller through our platform. Sellers can then decline, counter or accept the offer without ever having to pick up the phone.

Once the offer is accepted, a Purchase Agreement automatically generates so you can email it to your mortgage and title reps. It’s as close to effortless as you can get.

Reozom‘s purpose is to leverage technology so real estate is easier, faster and more affordable for YOU. Learn more about us by following our Facebook, Twitter and Instagram!

Top 3 Perks of Homeownership

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Did you know that June is National Homeowner’s Month?

If you are a first-time homebuyer, you may not be aware of all of the benefits that come with owning a home. Reozom‘s online real estate tech platform makes the buying and selling of a home easier than ever.

Make sure to head on over to our platform and start shopping after reading these homeownership perks.

1. Owning a home is a smarter investment.
Owning a home means you are investing your money in your own future versus investing in a landlord’s. Over time, your home will most likely appreciate. This means that you will make money when it comes time to sell. Often times, the money made from selling your starter home will give you a nice down payment for your move-up home.

Plus, owning a home is actually cheaper than paying rent. A Pulseconomics report determined that paying median rent costs about 30% of an individual’s income. The median home payment costs about 15% of an individual’s income.

2. Homeownership gives you tax benefits.
A lot of people don’t realize that being a homeowner actually gives you a few tax breaks. You can deduct the interest you pay on your mortgage (within limits) as well as interest on other home related loans such as home equity and home improvement.

Learn about other tax breaks related to homeownership here.

3. Having a home gives you freedom.
When you own your home, you can do whatever you want with it. You can completely tech it out or get the puppy you’ve always wanted. Plus, you can paint and decorate exactly as you please.

Having the ability to live freely and create a custom living environment actually winds up being many homeowner’s favorite part of having a house.

These are only a few of the perks that go along with owning a home. Begin your home search on Reozom.com today!

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3 Reasons Why You Should Sell Now

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If you’ve been playing around with the idea of selling your home, we’re here to tell you, “Do it!”

Here at Reozom, which is an online real estate transaction platform, we have been watching listings flying off the market. Here’s why you should list today:

1. Inventory is low.
Michigan is still a Seller’s Market, which means that conditions are favorable for the seller. There are more buyers than houses, so the seller’s property is in higher demand and is very likely to get what they’re asking for (or in certain cases, even more).

Buyers are looking for finished, move-in ready houses. Today’s buyers live in an on-demand world and they want the same for the house they are about to buy. Make sure to keep that in mind to increase the success on your sale!

2. Opportunity is high.
In Southeast Michigan, homeowners have more jobs, money and equity in their homes than they’ve had in 10 years. Homeowners who have felt financially trapped in their homes (due to the housing crash) are now finally free to move.

The opportunity for having a better job and making more money is only increasing. According to the U.S. Bureau of Labor Statistics, job growth in the Detroit area has been outpacing the national average at 2.2%.

3. Mortgage rates – yep, they’re still low.
Buyers are on the prowl because mortgage rates are still below 4%. If you are a homeowner wanting to sell, it’s the perfect time to put in an offer on your move-up home, too. You will get the most for your current home and then be able to lock in a mortgage for your new home for much less.

It’s a win-win all around for everyone. So, we suggest making the bold move and selling.

Here at Reozom, we have made the entire real estate transaction easier, faster and more affordable than it’s ever been. You’ll be shocked at how simple the selling process is when using our tech platform.

Head on over to our Registration page to get started today!

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“Disruptive” Companies You Can’t Live Without

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A “disruptor” is a company that goes against the grain in order to evolve an industry. Our online real estate transaction platform, Reozom, is considered a disruptive company because we shake things up when it comes to the norm in real estate.

By leveraging technology, we are able to save homeowners thousands of dollars in their real estate transaction by eliminating expensive agent commission fees.

Here are other companies that may not realize were once disruptors:

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Amazon
Amazon completely changed the game when it came to online shopping. By offering unbeatable prices, people began browsing on Amazon to buy pretty much anything.

Amazon also upped the ante when it came to one-day shipping or even day-of shipping. Now we even use Amazon to binge watch our favorite shows or arrange for every day household items to arrive right on our porches.

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Apple
Our guess is that you’re probably reading this on your iPhone, so all you have to do is take a look at what you’re holding to realize why Apple was a disruptor.

Apple’s release of the iPod back in 2001 was a total revelation for the tech world. Think about it, this was back then people were still walking around with portable CD players. Now, we are able to manage our entire lives right from the palm of our hand.

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Netflix
Can you imagine a world where you couldn’t binge watch Walking Dead for hours into the night? Us either. Sorry, Blockbuster.

I think we can all agree that the on-demand streaming of movies and shows that Netflix brought directly to our televisions was either the best thing that ever happened to us (or the very reason for our own demise).

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Ikea
Ikea isn’t such an obvious one, but it absolutely was a disruptor. Ikea gave us the ability to buy cheap furniture and instantly furnish an entire house, if we so desired.

Although, let’s be real, Ikea could still help out by making the dressers just a little bit easier to build.

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Uber
Two guys that knew nothing about the taxi industry completely transformed the taxi industry after rolling out Uber. Now, even people who live in the suburbs have the luxury of hitching a ride to a concert or the bar.

Not to mention, documenting an Uber ride on Snapchat now provides all of us with some high quality Friday night entertainment.

All of these companies have become a major part of our lifestyles.
If you love and use these companies, we can guarantee that you will love Reozom.

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The Top 3 Technologies Impacting the Real Estate Industry

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The real estate industry is facing major transformation thanks to technology.

But don’t be alarmed, technology is making the industry easier, faster and stronger than ever.

Here are the Top 3 Technologies that are impacting the world of real estate for the better.

Online Transaction Platforms
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 We don’t mean to toot our own horn here, but technology like Reozom is completely changing the way real estate is done. Our platform keeps the buyer and the seller connected in the same place throughout the entire transaction.

Reozom makes the (typically stressful) real estate process much easier for everyone involved, including real estate agents. Users can list properties, browse pics, chat with each other, schedule showings and send offers from the luxury of their laptop.

Oh, and all those legal disclosures to sign? That’s done on our platform, too.

Thanks to Reozom’s technology, the buying and selling of a home is more streamlined than ever before. Not to mention, Reozom eliminates expensive commission fees, which saves people thousands of dollars.

Virtual Reality
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Real estate is second on the list of industries being transformed by virtual reality. We are guessing that you can imagine why. Pretty soon, people will buy a Google Cardboard, stick their phone in it and take a virtual tour of any home they’re interested in (even if it’s on the other side of the world).

Virtual reality will save time, money and gas. Who would have thought that real estate teaming up with technology would be so eco-friendly?

Drones
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 To be honest, we’re not expecting drones to do too much for the real estate industry aside from taking stellar bird’s eye property photos and videos.

But drones are awesome and who wouldn’t want one? Taking beyond impressive images of your property is a great excuse to get your hands on the drone of your dreams. The better the property photos the faster the sale, right?

Plus, buying a drone wouldn’t even put a dent in the thousands you save from using Reozom. Just don’t crash it into your new neighbor’s house after you move…

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Selling Real Estate with Social Media

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Along with marketing property listings on all of the major sites like the MLS, Zillow, Trulia and Realtor.com, the online real estate transaction platform, Reozom, also posts each listing on Facebook.

When sellers share Reozom’s post onto their own Facebook page, the number of people the listing reaches grows exponentially.

Rather than giving you the facts about Facebook, today we are going to share a real life example of what happens when a Reozom user shares their listing on the most popular social network.

Just a week ago, a Reozom seller shared their listing from Reozom’s Facebook page on the day it was posted. Their family and friends then shared the post, as well.

According to Facebook analytics, by the end of the day, this post had 600 click-throughs (meaning 600 people visited the listing’s page directly from Facebook). According to Reozom’s analytics, this listing had a total of 699 visits that day.

Which means, YOU GOT IT, a majority of that listing’s traffic came from FACEBOOK on its first day of being posted. Not to mention, this property then had a showing the same weekend it was listed.

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So get on Facebook and share your listing today. Encourage your family and friends to help out and give it a share, too.

Make sure to include the hashtag #ReozomHome in your post for the opportunity to be selected as the Reozom Home of the Week. If chosen, your listing will be featured in a custom social media post that’s shared on ALL of Reozom’s social media channels!

Follow us on Facebook, Twitter and Instagram for more updates and tips.