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Home Bay vs. Xome

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Home BayXome
as of 05/21/2018
as of 06/04/2018
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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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What is Xome

Xome will sell your home at no cost to you, with the help of a full service local agent. In addition to being listed on the MLS and online listing sites, your home will also be listed on the Xome Offer Marketplace. The Xome Offer Marketplace is a auction platform that allows buyers to bid on your home. You will have full control over the pricing and the decision of selling. You will not have to pay any commissions, as Xome charges the buyer a commission.

How Xome works

  • Submit home and contact information
  • Xome agent calls you to coordinate initial listing documentation
  • Agent coordinates a marketing plan for your house
  • Your home will be listed on the MLS and syndicated sites
  • Schedule your home to be listed as a featured listing on the Xome Offer Marketplace
  • Xome agent coordinates home showings
  • Your agent will guide you through reviewing offers
  • Your agent guides you through closing
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Service offerings by Home Bay compared to Xome
Service
Home Bay
Xome
Photography
MLS Listing
Listing Syndication
Manage Offers
Negotiate Offers
Digital Marketing