By: Ryan L. DolanEditor: Alex P. WilsonPhoto: Ryan Dolan, Buzzfeed.comIf you’re a real estate agent, you might be thinking, “Well, I’ve been doing this for a while.
That’s a good thing!”
But for many people, it’s a bit of a bummer.
“The new building materials are starting to look a little dated, but that’s okay,” says Laura D’Ambrosio, an agent for Westfield, the largest real estate brokerage in New York City.
“That’s the best time to start.”
It’s a perfect time to do just that, she says, because the real estate market is booming right now, and many of the buildings that used to sell for more than a few hundred thousand dollars are now going for over a million.
“A lot of people are now just trying to get their feet wet,” she says.
But it’s not just houses.
In addition to homes, other buildings that once were used as office space or parking lots have become a big draw for real estate agents.
And because the economy has been doing well, people are also looking for ways to save money on new projects, which is what prompted the real-estate broker to launch the “Bison Resales” initiative, a new program to help consumers save money.
As part of the program, Bison Properties is offering customers a discount on their new or renovated building materials.
“If you want a good house, we have a lot of great properties,” says the firm’s president and CEO, Jeff Beresford.
“But we want you to be able to do your research and find the real bargains.”
Bison Properties has partnered with Real Estate Investment Trust (REIT) and Realtor.com to offer the program.
Customers can buy new or refurbished materials in the US, Canada, Australia, New Zealand, the UK, Ireland, France, Germany, Canada and the U.K. for $25,000 or less, depending on the type of building.
The program has already been a hit with the realtors, who are seeing more and more new properties being purchased.
“We’re seeing a lot more deals in the first few weeks,” says Kevin Davenport, the firm ‘s regional vice president for global real estate.
“It’s definitely the best money I’ve ever seen in my career.”
The Real Estate Agent’s Association (REA) is the organization that regulates the REITs.
“This program has really helped people save money,” says Richard C. Larkin, president of the REA.
“There’s a real interest in finding bargains, and this program has helped the industry.”
Bionys building materials and the REB, which helps brokers sell properties, is also helping.
“For years, the REBs own and operate the REBUYS and REBUILDS websites,” says Larkin.
“They’re helping realtores sell their properties and making sure they get the right materials to meet the standards of the buyers.”
Real estate agents are getting more involved with Bison properties as well.
“Real Estate Agents are working with our REB partner to offer more Bison resale products and materials,” says Davenports spokesperson.
And now that the Bison program is launching, real estate brokers can get even more creative when it comes to their new clients.
“I’m looking forward to seeing how this program works out,” says Beresfords spokesperson.