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Coldwell Banker vs. Home Bay

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Coldwell BankerHome Bay
as of 08/01/2018
as of 05/21/2018
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Comparing different models Coldwell Banker offers a traditional brokerage service while Home Bay offers a discount online service to sell your home.

What is Coldwell Banker

Coldwell Banker is the oldest real estate franchise in North America. Founded in 1906, they now operate across 3,000 offices in 49 countries and territories.

How Coldwell Banker works

  • Search for a local real estate agent by entering your location
  • You can do some research on the various agents that show up by looking at their profile through Zillow or Yelp
  • Reach out by phone or email to the agent you'd like to hire to schedule a consultation.
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What is Home Bay

Home Bay is a full service real estate company that helps you sell your home remotely for a low flat fee. Home Bay provides an end to end service to sell your home with remote support that walks you through every step of the way while providing you with the tools you need. Everyone working on your home sale with Home Bay are licensed real estate brokers with a minimum of 10 years experience.

How Home Bay works

  • Homebay will provide tips to prepare your home. You can schedule their free photographer to take professional photos of your home for the listing and marketing materials. You will also be provided with a lockbox so buyer agents can show the home.
  • A Home Bay agent can provide pricing guidance for your home. After pricing, home details, and photographs are ready, Home Bay will list your home on the MLS and a handful of other real estate sites.
  • Your home will be marketed digitally by advertising your listing and helping you rank on Google search and Zillow.
  • You will have access to Home Bay’s platform that allows you to communicate with buyers, analyze offers, and create counter offers, while being guided by a Home Bay agent every step of the way.
  • Home Bay will walk you through all the necessary steps for closing, from setting a close date to the final walkthrough and e-notarizing your documents. You can choose to use your own Title & Escrow Company, or Home Bay can refer you to a local company.
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Service offerings by Coldwell Banker compared to Home Bay
Service
Coldwell Banker
Home Bay
MLS Listing
In-Person Agent Assistance
Digital Marketing
Listing Syndication
Manage Offers
Negotiate Offers