Compare Unlocked Real Estate and Owners.com

For Sellers

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

For Sellers

Listing Rate
0
No Rates
Owners.com no longer represents consumers in the United States.

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.

For Buyers

Buyer’s Savings
0
No Rates
Owners.com no longer represents consumers in the United States.
Question: What is the difference between Unlocked Real Estate and Owners.com?
Answer: Unlocked Real Estate is a buyer's real estate agent that offers savings to homebuyers while Owners.com is a full-service real estate agent and a referral fee network
Compare Unlocked Real Estate and Owners.com 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 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.

Buying and Selling with Owners.com

A multi-state broker, a full-service company rebates buyer part of the commission it receives, where allowed, and provides listing savings to sellers.

Owners.com Pricing

As of November 2019, Altisource (NASDAQ: ASPS) has stopped all operations of Owners.com website, and the company no longer offers real estate representation services to consumers in the United States.

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

Owners.com Editor's Review:

Owners.com and Altisource (NASDAQ: ASPS) as a parent, is one of the largest real estate agents and referral networks in the United States that offers service of a traditional agent with a competitive commission.

Owners.com sells over 25,000 homes a year, however, out of all transactions originated by Owners.com, an undisclosed number are referred to third-party brokers. Owners.com states that “in some areas, we undertake to arrange for you to enter into an agreement for such services with a local licensed broker or agent who may be an unrelated third party.”

When consumers work with Owners.com listing agent the listing includes posting home on the MLS and MLS Aggregator services, professional photos, 3D tour and all typical services offered by a traditional real estate agent.

Owners.com Partner Program
Where Owners.com cannot directly serve consumers, the company relies on a referral network of independent agents at other brokerages.

The company states that it “will inform you that we are referring you to a third party and you have the opportunity to decide whether to work with that third party.”

Owners.com does not specify the referral fee percentage split these agents pay to the company in exchange for user leads, it is most likely 25%-40% of the agent’s entire commission.

Once Owners.com refers a customer to a Partner Agent, that agent, not Owners.com, represents the customer from the initial meeting through closing.

Owners.com dictates that Partner Agent commission rates are set at 2% for all independent real estate agents who want to participate in the Partner Program.

In the United States, all independent brokerage fees are always negotiable and each real estate agent establishes its own policy for a fee structure, amount of commissions, and the sharing of any listing commissions.

Price fixing is prohibited by antitrust legislation. To fix, control, recommend, suggest or maintain commission rates or fees for other agents' services is an improper practice.

Where does Owners.com operate?

Owners.com currently operates in select areas across Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

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