FAQ

Great Percent enables home sellers to save thousands of dollars in real estate commissions by providing the ability to compare offers from competing real estate agents that bid to win your listing. At absolutely no charge to you, the homeowner, Great Percent removes the hassle and awkwardness of negotiating the sales commission and services with agents directly, while you remain completely anonymous until you select an agent that best fits your needs.

Great Percent enables homeowners to quickly and easily offer their property listings to interested local licensed real estate agents, who then bid for those listings by adjusting their commission rate through a closed bid format while also providing details on the services they will provide to sell your home.

This information appears on the homeowner’s account dashboard, providing you easy access to review and compare bids for total savings, services and real estate agent background information. The closed bid format, a core feature of Great Percent, is utilized to encourage competitive bidding, while at the same time maximizing savings for home sellers. The result is Great Percent’s easy to use system offers homeowners the ability to list their homes without paying the traditional top line commission rate, while still getting the benefit of a full service local licensed real estate agent and the services they would traditionally provide, at no cost to the homeowner.

No. Great Percent is not a home listing service. Great Percent is more like a match making service between home sellers and local professional real estate agents. The bonus is, Great Percent provides the opportunity for you to save thousands of dollars in agent sales commissions.

First, simply enter the address of the property you want to sell and Great Percent will automatically obtain your property information details. Then, either confirm or edit the data and answer a few additional questions and your property will be submitted to local professional real estate agents for review. Keep in mind that your contact information and your exact property address will not be provided in the bidding information package that is reviewed by interested agents. Your information will only be revealed after you accept one of the competing real estate agents’ offers to list your property.

Next, real estate agents will submit their bids over a period of seven (7) days. Their bids contain their commission percentage and the services they will provide to sell your home. This information, as well as each real estate agent’s biography and other background information appear in your account dashboard giving you an easy way to review and compare bids from real estate agents in your local market. You can select an agent at any time after the receipt of your first agent bid. Bids remain active for a maximum of six (6) months. So, if life is hectic and you can’t find the time to review all your agent bids, just relax, you have plenty of time to compare bids so you can select the right local agent.

Remember, no personal information is shared with real estate agents until you have accepted an agent’s home listing bid. Once you accept a bid, the winning real estate agent will be notified and contact information will be revealed to both parties.

Great Percent’s service is absolutely 100% free to homeowners. No personal information is shared with real estate agents until you have accepted a real estate agent’s home listing bid. There is no obligation to enter into a listing agreement with a real estate agent, even if you have accepted their bid.

Great Percent is absolutely 100% free to homeowners. Real estate agents appreciate that Great Percent provides the opportunity to obtain qualified clients in an easy and efficient manner for which they pay the company a winning bid fee when a homeowner accepts their bid.

The professionals on Great Percent’s system include leading real estate agents in your local market. Because we want the best results for our homeowners, Great Percent recruits only the highest quality real estate agents on its system to list and sell your home. The company maintains a minimum criteria that real estate agents must meet, including, but not limited to, a current real estate license, minimum of three years of real estate sales experience with a proven sales track record and disclosure of their latest twelve months’ transaction information.

If, for any reason, you are not completely satisfied with the real estate agent you selected on Great Percent, please know there is no obligation to enter into a listing agreement with them. If you decide that you are not satisfied, you will be offered the opportunity to relist your home information for bid again by other interested real estate agents in your local market.

Additionally, we would also appreciate you contacting our customer service team at contactus@greatpercent.com or 1-844-887-5377 to provide us with your feedback, so that we can ensure you and other home sellers always have the best experience possible.

Yes. When you enter your property information, one of the questions you will be asked is the time you expect to list your home on the market.  This way agents bidding on your listing will be aware of your current timeline and expectations. The agent bids that you receive for your listing will be valid for up to six (6) months from the end of the seven (7) day bidding period.

A home listing bid on Great Percent is a description of services and the commission rate submitted by a real estate agent who wants to list and sell your home. This information appears in your account dashboard, giving you easy access to review and compare bids from real estate agents in your local market for total savings, services and agent background information.

Great Percent’s goal is to generate a minimum of three (3) local real estate agent listing bids within seven (7) days of posting your home listing on Great Percent. You may select an agent bid at any time during the bid process. From the closing of the agent bidding period, the bids you receive will be valid for up to six (6) months. Even after you have accepted a real estate agent’s bid, there is no obligation to enter into a listing agreement with a real estate agent unless you are completely satisfied. No personal information is shared with real estate agents until you have accepted a real estate agent’s home listing bid.

We recommend that you provide all available information on your home and review the information for accuracy to the best of your ability. Although it is not required to submit pictures of your property for bidding, we suggest uploading some pictures in the photo upload tab. As the saying goes, a picture can say a thousand words.

Although Great Percent is available nationwide in the United States, the company has been primarily focused on Dallas, Nashville, Texas, Tennessee, Florida, California, and New Jersey. If you have any questions or need additional assistance, please do not hesitate to contact Great Percent’s customer service team at contactus@greatpercent.com or 844-887-5377.