A Calgary homebuilder is teaming up with an online real estate marketplace to sell properties.
Cedarglen Homes has partnered with Bōde Canada’s on the initiative.
“The Bōde business model appeals to Cedarglen Homes because it addresses a growing gap between conventional processes and customer experiences when purchasing a home,” said Howard Tse, President of Cedarglen Homes. “One of our favourite features is the ability to make us an offer online from the comfort of your own home.
“Greater exposure will reduce the number of days available on the market allowing the opportunity to add fresh units and more selection to the market.”
In the initiative, eight homes in Calgary, located in different communities and ranging in price from the high $300,000s and above, will be on the Bōde platform.
Bōde Canada is the first online real estate marketplace allowing buyers and sellers to transact homes online directly without the services of a realtor.
The seller pays a one per cent service fee and only when the property is sold.
“We’ve been talking to progressive builders all over the province, from custom to spec, small to large, and we’re hearing the same thing – that sales are challenging and profit margins are tight,” said Jeff Jackson, Bōde’s VP of Enterprise Sales. “Through consumers, developers and builders, we now have $67 million of properties represented by Bōde. We expect this number to climb quickly in the spring market.
“Further, our platform has nearly 6,000 MLS-listed properties in the Calgary marketplace. For those buyers comfortable searching for real estate and negotiating deals without the services of an agent, our cutting edge technology allows consumers to take full control of the process. Not only does this consumer-empowerment save money, it provides full transparency on a process that has often been viewed as opaque and complicated.”
Earlier this year, River Edge development in Springbank also listed 49 lots in Bōde’s marketplace.
