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August 31, 2017

California startup comes to Seattle

The online home listing service Open Listings has added Seattle as its first market outside California, according to a company release. The privately held startup allows buyers to “find, tour and buy homes using an entirely online process that's been optimized for buyers in competitive markets.” Open Listings said it offers a 50 percent refund on the buying agent commission, which it said can cover up to half of a buyer's down payment. To date, the company says it has saved over $3.5 million in commission fees for some 400,000 buyers. The company was founded in 2014 by Judd Schoenholtz, Alexander Farrill and Peter Sugihara.




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