Based on the Agent Cooperation Network (ACN) model, letWizard.com is a platform that offers real estate agents the opportunity to earn substantial commissions by participating in its biddings. Whether you are representing registered buyers at the bidding or partnering with the platform as a listing agent for sellers, letWizard welcomes and values agent participation.
Why partner with letWizard on biddings?
As a real estate agent, one of the major challenges you face is being able to get committed offers on your property listings or finding the best property deals in the market. letWizard.com brings the real estate ecosystem online and makes it easier for agents to secure offers and engage in transparent, hassle-free deal negotiations.
Benefits for Agents:
Access to a global pool of qualified buyers with committed offers
Verified and authenticated listings that minimize deal closure durations
Assurance that property will be sold at true market value
Access to unparalleled market analysis that ease negotiations and settlement processes
Maximizing property’s reach within the global investment community
360° guided virtual tour that widens the scope of buyers, generating interest from overseas investors
How to partner with letWizard on biddings?
There are several ways to partner with letWizard for real estate biddings.
Agents can refer clients to letWizard
A real estate agent or a agency firm can refer their clients whether it’s a buyer looking to purchase a property or a property owner looking to sell, to participate in biddings on letWizard.com. By doing this agents would be able to ensure that their clients find the most lucrative property deals in the region. Each of the listings on letWizard.com are verified and authenticated by the best independent valuators in the region, thereby building trust with the participants on letWizard.com.
Agents can represent a buyer for buying properties on letWizard
Real estate agents or agency firms can represent buyers on letWizard.com and place bids on properties on behalf of the buyers. Agents must be licensed to register on the platform and assist the buyers in bidding strategy by providing advice on properties that best match with their requirements. Agents can earn up to 70% commission on all successfully executed property deals.
Responsibilities of an agent representing buyers on letWizard
Register on the platform as a agent representing the buyer.
Schedule Open House and accompany buyers on property visits.
Assist buyers in making informed decisions utilizing letWizard’s AI-powered and data-driven solutions such as property insights and analytics, mortgage rates calculator, mortgage calculators, rent vs buy calculator and get pre-qualified.
Help buyers in deal negotiations with letWizard’s unparalleled market analysis reports and valuation reports provided by certified and acclaimed independent valuators.
Learn the terms of the Biddings on letWizard and communicate them to buyers.
Assist buyers in the bidding strategy.
Accompany buyers during the settlement process and ownership transfer after winning the bidding.
Earn commission on successful deal closures.
Agents can represent a property owner for listing properties on letWizard
Real estate agents or agency firms representing sellers can list their properties on letWizard.com and assist them in maximizing the reach of their property and attract interest from global investors. Agents must be licensed to register on the platform and must manage the entire listing process on behalf of the sellers. Agents can earn up to 70% commission on all successfully executed property deals.
Responsibilities of an agent representing sellers on letWizard
Register on the platform as a agent representing the seller.
List the property on letWizard.com with proper pictures and suitable descriptions.
Assist sellers in understanding third-party valuation reports and read the due diligence.
Assist sellers in determining the market value of their property before setting a reserve price to ensure they get best possible returns.
Hold Open Houses for buyers to visit the properties.
Learn the terms of the biddings and communicate them to the sellers.
Assist sellers during deal negotiations.
Accompany sellers during the settlement process and ownership transfer after completion of the listing.
Earn commission on successful deal closures.
For information on Agency/Agent Partnership terms and conditions, please refer to our Participation Terms.