Review for Purplebricks

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Reviews for Purplebricks, a multi-state real estate broker that offers consumers listing savings and buyer’s refunds.
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Buying and Selling with Purplebricks

Purplebricks offers consumers flat fee listing savings and buyer’s refunds for select cities in California, New York, Connecticut, Nevada, Arizona, Florida, and New Jersey.

Purplebricks Pricing

As of October 2019, Purplebricks 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
  • Closing Duties

Purplebricks Editor's Review:

Last updated: 03 November 2019
First published: 17 February 2019

Purplebricks is a consumer-focused flat fee real estate broker. As a listing agent, Purplebricks works with a seller to prepare homes for listing, including taking professional photos, pricing home, and publishing marketing materials.

Purplebricks lists all homes on the local MLS as well as typical MLS Aggregators. Sellers don't have to pay anything until the property is sold or until 6 months have elapsed. In the unlikely event that the property hasn't sold after 6 months, Purplebricks will still market the property until it is sold.

Purplebricks maintains a well-designed online platform that allows sellers to communicate with all parties involved in a sale.

As a buyer's agent, Purplebricks works with buyers to find a home, schedule inspections, negotiate repairs and finalize the purchase.

Purplebricks offers a buyer's refund incentive of $1,000 paid at closing and it keeps the rest of the commission, typically 2.5%-3%. While Purplebricks offers great savings to sellers, the buyer’s refund policy is a bit weak - Purplebricks keeps almost all of the buyer's side commission.

It is not unusual for some agent to offer a much better 50% commission refund. Purplebricks has also suffered some initial problems entering the US market and it’s not yet clear if these have been fully resolved. For sellers, the listing fee is charged up-front and is non-refundable, although that is a very minor setback compared to thousands saved over a typical 3% sellers’ commission.

Purplebricks should be near the top of the seller’s list, but for buyers, there may be better local options. Still, $1000 buyer’s refund is better than zero refund offered by traditional buyer’s agents.

Purplebricks offers overall great value to consumers looking to buy or sell a home.

Where does Purplebricks operate?

Purplebricks currently operates in select areas across California, New York, Connecticut, Nevada, Arizona, Florida, and New Jersey.

Contact Purplebricks:

400 Spectrum Center Dr #360
Irvine, CA 92618 US
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