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Arrivva Insights · August 3, 2023

Arrivva could have saved homebuyers 18.7 Billion dollars in 2022

Arrivva could have saved homebuyers 18.7 Billion dollars in 2022

According to Statista the average home sales price in the US in 2022 was $540,000 with 5.03 million units sold.

If every home was purchased through Arrivva’s flat fee model, then $18,750,000,000* would have been put back into the homebuyer’s pockets.

*Skeptical? Here’s the math. Average home price = $540,000 multiplied by the average commission of 2.5% = $13,500
Subtract our flat fee of $9,750 and you get an average rebate of $3,750
Multiply the average rebate of $3,750 by the 5 million homes sold in 2022 and you get a total rebate of $18,750,000,000

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Buying? $9,750 flat, and the rest of the buyer-broker fee comes back to you. Nothing up front. See how buying works. Selling? $15,750 flat, full service, paid at closing. See how selling works.

More from Arrivva Insights: Flat fee real estate, explained · How buyer rebates work · Why we never do dual agency

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