Summary:
Landian is a new real estate startup offering flat-fee real estate agents on demand.
The startup was founded by Josh Sitzer, one of the individuals who successfully sued the National Association of Realtors (NAR).
Landian allows users to import listings from any real estate site and book home tours or prepare offers without paying commissions.
Landian offers a variety of pricing options, including à la carte services and a flat fee only due upon closing.
The startup aims to disrupt the traditional real estate model by providing a more affordable and transparent option for homebuyers.
Landian: Revolutionizing Real Estate with Flat Fees
After a landmark lawsuit against the National Association of Realtors (NAR), a new wave of startups is emerging to disrupt the traditional real estate commission model. One of these startups, Landian, is leading the charge by offering flat-fee real estate agents on demand.
What is Landian?
Landian is a startup founded by Josh Sitzer, one of the individuals who successfully sued the NAR, and his partners Bryce Galen and Neal Batra. Their platform allows users to import listings from any real estate site and then book a home tour or prepare an offer with a licensed local agent, without owing a commission.
How it Works:
Landian offers a variety of pricing options for its services:
- $49 per home tour
- $199 for an offer prep session
- $1,799 flat fee: Includes up to 5 home tours and 2 offer prep sessions, with additional services available à la carte. This fee is only due upon closing.
Why is this a Game Changer?
The traditional real estate model where buyers' agents receive a 3% commission is widely considered antiquated. Many buyers believe it's unfair to pay such a high commission when they have done most of the legwork themselves. Landian provides a solution to this problem by offering transparent and affordable pricing models that put more money back in the buyer's pocket.
The Future of Real Estate:
The NAR settlement and the emergence of startups like Landian are expected to radically transform the real estate market. Landian's flat-fee model provides a more accessible and cost-effective option for homebuyers, while also empowering agents to focus on providing valuable services rather than chasing commissions.
The Landian team believes that the traditional real estate model is unsustainable and that their flat-fee approach is the future. They are currently in the process of raising a pre-seed round to further develop their platform and expand their reach.
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