Had a client interested in one of these properties, they want to pay my brokerage 1% commission (finders fee) in exchange for me recommending to my client that he buy a home for all cash, with no inspections or contingencies, plus my Buyer pay XOME a 5% Buyer Premium on top of the sales price. They also want to issue a Special Warranty Deed (look that up compared to a traditional Grant Deed). Both Buyer and Seller are giving up all the protections of normal arms-length negotiations and time-tested contracts thru professional Agents. Even aside from the fees (which nobody is saving anyway) I do not see this company system being anything but a lawsuit waiting to happen for a client.
Bottom Line: No, I would not recommend this to a friend
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