Beycome Media Center

Miami Startup beycome Shakes Up Local Real Estate Market with New By Owner Search Platform

5 Apr 2017

In just six months, free listings website helped owners save more than $3 million in commission fees

MIAMI – April 5, 2017 – In September 2016, the Miami-based team behind beycome officially launched their website, a search platform focused on For Sale by Owner and For Lease by Owner residential and land properties. beycome allows owners to post listings for free and connect with potential buyers and lessees without using a real estate agent. The company also provides owners with all the resources needed to sell properties from start to finish including State-approved legal documents by licensed real estate attorneys, the ability to accept, counter and deny offers through the website, and a variety of promotional marketing tools.

In just six months, beycome has helped Floridians save more than $3 million in commission fees. The average time to sell a property on beycome.com is 68 days, 30 less than South Florida’s agent-backed sales. The real estate startup now has more By Owner listings in Miami than any other real estate search platform, including Zillow.

“Our mission is to show people they can connect directly to sell, lease and buy real estate themselves, to provide all of the tools they need, and save them money,” said beycome co-founder Nico Jodin. “When we started to receive threatening calls and emails from real estate agents every day, we knew we were really on to something. The current real estate system is broken. Owners, buyers and renters want more.”

According to the National Association of Realtors, the majority of For Sale by Owners cited not wanting to pay commission or fees as the biggest reason for selling without an agent. Every year the real estate industry earns about $91.5 billion in real estate commissions.

 

This 4-bedroom, single family home in Royal Palm Beach sold in just 22 days on beycome.

“beycome was an exceptional value that allowed me to save 5 percent on commissions, that’s $1,400 per year,” said beycome user Menghong. “The customer service was also fantastic, helping me make a high-impact listing that immediately got attention. After beycome, my house was rented in a week and a half to a perfect renter.”

beycome guides owners through the selling/leasing process with live chat options as well as a U.S.-based customer support team. In addition to free online listings, beycome also provides free state-certified legal documents, guidance through the entire contractual process, the ability to accept, counter and deny offers through the website, free price estimators, virtual video tours, printable marketing tools, and an open house manager. Premium services are also available to help market properties, including cross-listing on other real estate sites, featured listings and printed yard signage. beycome provides screening reports to owners interested in checking the backgrounds of potential buyers or renters coming to view their properties.

Buyers and renters looking for a new home have access to one of the largest By Owner online search platforms in South Florida. First-time buyers benefit from beycome’s user-rated database of accredited service providers for inspections, mortgages and home insurance, as well as comprehensive resource guides that walk through every step of the home buying and selling process.

beycome is backed by several notable investors, including Adrián Gimenez, who founded Dridco, the company behind top e-commerce websites including Zonajobs.com, Tiqueimoveis.com.br and Zonaprop.com.ar. Zonaprop, Latin America’s leading real estate website, was recently purchased by Navent Group. Next up for the beycome team will be a national expansion, starting with strategic markets across the United States.

For more information on beycome, please visit www.beycome.com.

About beycome

beycome is an online search platform that guides homeowners, buyers and renters through the real estate process without commission costs or the need for a realtor. With more than 2,000 by-owner listings in Florida, beycome provides in-house customer support, a robust library of marketing tools and legally binding contractual documents for all parties involved. In only seven months the company has saved Florida users $3 million in commission costs and expedited closings by an average of 68 days compared to the traditional process of using a realtor. beycome is headquartered in Miami and expanding to serve additional markets nationwide. For more information visit www.beycome.com.

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Media Contact:

Patricia Nunez

305 204 9287

patricianunez@maxborgesagency.com

Max Borges Agency is an award-winning tech PR agency based in Miami with multi-national clients targeting the global consumer.