About Us

 

                             

HomeBuyer RewardsSM About Us

HomeBuyer-Rewards, LLC is a unique nationwide real estate brokerage service specializing in the representation of property buyers who want to save money by minimizing commissions and other transaction costs.

David Monassebian, the founder of our company, is a licensed New York State real estate broker, an experienced real estate attorney and a seasoned investor.  Mr.  Monassebian has more than 10 years of experience handling all aspects of complex commercial and residential real estate finance and purchase transactions across the United States, both as an attorney representing real estate developers, investors, and major banks, and as an investor buying and selling properties.

Over the past two decades, we have all witnessed real estate prices skyrocket.  During this period, in some regions real estate prices have more than tripled.  Despite the recent economic crisis, real estate prices in major metropolitan areas and other stable markets have remained strong.  Since real estate brokers’ commissions are calculated based on a percentage of the sale price, broker’s commissions experienced a similar increase.  However, wages and salaries in other markets did not experience the same dramatic increase, resulting in a windfall to real estate brokers that earn commission-based compensation. Learn More

In his business dealings, our founder encountered a strong reluctance by real estate brokers to reduce their commissions or offer discounts, rebates or other incentives to adjust to the changed market environment and reflect competitive market rates.  Instead, real estate brokers demand “traditional” or “standard” commission rates that reflect industry custom for the past few decades.  Moreover, many real estate brokers only provided one level of service, instead of allowing buyers to select and pay for only the services they need.  The inefficient business practices that were engrained in the industry, and the customary commission rates reflecting these business practices, impeded the development of a new business model that would allow brokers to save time and money and pass along the savings to their customers.

Based on these observations, our founder and several other non-traditional real estate brokers developed a business model that eliminates inefficiency, allows buyers to select and pay for only the services they need, reduces costs of searching for and negotiating the purchase of a property, and passes along those savings to you, the buyer.