Compare Faira and Unlocked Real Estate

For Sellers

Listing Rate
1%
Commission
Minimum commissions and other terms may apply. Buyer's Agent Commission (2.5%-3%) is not included, but you may be able to negotiate this as well.

For Sellers

Premium Listing
3%
Commission
Minimum commissions and other terms may apply. Buyer's Agent Commission (2.5%-3%) is not included, but you may be able to negotiate this as well.

For Sellers

Not Applicable
0
No Rates
Unlocked Real Estate does not openly advertise listing services for consumers.

For Buyers

Buyer’s Savings
67%
Commission Rebate
When Faira represents home buyers, it contributes 67% of its Buyer's Agent Commission (2.5%-3%) to the buyer as a way to financially compete for a buyer’s business. Home buyers do not pay any taxes on the amount, the refund amount is always tax-free.

For Buyers

Buyer’s Savings
67%
Commission Rebate
When Unlocked Real Estate represents home buyers, it contributes 67% of its Buyer's Agent Commission (2.5%-3%) to the buyer as a way to financially compete for a buyer’s business. Minimum commission and other terms may apply. Home buyers do not pay any taxes on the amount, the refund amount is always tax-free.
Question: What is the difference between Faira and Unlocked Real Estate?
Answer: Faira is a full-service real estate agent that offers savings to homebuyers and home sellers while Unlocked Real Estate is a buyer's real estate agent that offers savings to homebuyers
Compare Faira and Unlocked Real Estate for home buying and selling. HomeOpenly is an impartial and an open resource focused on trending real estate services, portals and start-ups.

First published: 17 February 2019
Last updated: 25 April 2021

Buying and Selling with Faira

Faira is a multi-state savings broker, offers consumers listing savings and buyer’s refunds in select areas across Washington, Arizona and California.

Faira Pricing

Faira offers savings to sellers (charges 0.5% platform fee to the buyer with an optional 1% listing fee) and commission refunds to buyers (2% of the purchase price).

For its in-house listings platform offers self-represented buyers a 2.5% independent buyer discount, to account for the fact that there is no need for Buyer's Agent Commission (BAC) expense for self-represented buyers.

However, we recommend that all Buyers work with their own competitive buyer's agent who offers a buyer's refund. Faira also offers Premium Listing option for a 3% listing fee.

Listing Services

  • MLS Listing
  • Zillow, Trulia, etc. Listing
  • Accept and Deliver All Offers and Counteroffers
  • Hold Open Houses
  • Professional Photography
  • Professional Floor Plans
  • Yard Signage Installation
  • Spare Key Lock-box Installation
  • Schedule Inspection Services
  • Schedule Private Showings
  • Closing Duties

Buyer's Agent Services

  • Find the Property
  • Accept and Deliver All Offers and Counteroffers
  • Recommend Other Professionals
  • Attend Inspection Services
  • Schedule Private Showings
  • Negotiate Needed Repairs
  • Closing Duties

Faira Editor's Review:

Faira is a consumer-focused real estate agent that successfully represents consumers across Washington, Arizona, and California and offers sizeable savings.

Faira listing service includes posting home on the MLS and MLS Aggregator services, professional photos in addition to all typical services offered by a traditional real estate agent.

Faira gives sellers access to a well-designed dashboard with great communication features. The pricing model at this brokerage may be an issue for some Buyers and Agencies who are unable to work with it due to the "platform fee" structure.

Buyer's commission rebate structure is also subjective with ambiguously defined savings. What is considered standard real estate services are advertised by Faira as Premium for a significantly larger fee.

While Faira does offer sizeable savings for Buyers and Sellers, we find that some service offerings by Faira are difficult to substantiate, especially when it comes to its Premium listings.

Where does Faira operate?

Faira currently operates in select areas across Washington, Arizona, and California..

Buying with Unlocked Real Estate

Unlocked Real Estate is a local San Francisco Bay Area agent, offers consumers buyer’s refunds in select areas.

Unlocked Real Estate Pricing

Unlocked Real Estate offers buyers approximately 67% of the Buyer’s Agent Commission.

Listing Services

  • This Service Does Not Represent Sellers

Buyer's Agent Services

  • Find the Property
  • Accept and Deliver All Offers and Counteroffers
  • Recommend Other Professionals
  • Attend Inspection Services
  • Schedule Private Showings
  • Negotiate Needed Repairs
  • Closing Duties

Unlocked Real Estate Editor's Review:

Unlocked Real Estate is a consumer-focused real estate broker that focuses on helping buyers. As a buyer’s agent, Unlocked Real Estate works with buyers to find a home, schedule inspections, negotiate repairs and finalize the purchase.

Unlocked Real Estate offers overall great value to consumers looking to buy a home, but it does not offer services to sellers.

Guide References for Unlocked Real Estate:

How to save when buying a home

How to get home buyer's refunds

Where does Unlocked Real Estate operate?

Unlocked Real Estate currently operates in select areas across San Francisco.