Redmond, Washington – Real Estate Investment Firm, the premier distressed property consultants in the region announced a new flat fee pricing structure for their clients and investors who purchase properties at the foreclosure auction in King, Pierce and Snohomish counties.

The latest news from REIF comes on the heels of their recent successful launch of their acclaimed online foreclosure tracking platform, a state of the art website which tracks and provides real-time updates on properties in foreclosure exclusively to REIF clients.  In today’s announcement REIF implemented a pricing policy that instead of charging buyers the customary 3% commission, REIF has decided to drastically cut that cost by only charging a low flat fee that is based on the county in which the property was purchased.  The new price their clients will pay when they purchase a foreclosure auction property is $3,500 in King county, $3,000 in Snohomish and an astonishing $1,500 for all foreclosure auction purchases in Pierce county.  

REIF is the first and only full service foreclosure auction group in Washington to adopt the flat fee pricing model for their clients.  Savings for a buyer on a typical $350,000 foreclosure auction purchase in King county would equal $7,000 by paying REIF’s flat fee verses paying the typical 3% commission still being charged by REIF’s competitors.

Those interested in learning more about the services REIF provides their clients are encouraged to attend one of their free weekly foreclosure buying workshops held every Tuesday evening at 5:30 pm at their downtown Redmond office.


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4 Responses to “REIF Announces Flat Fee Pricing for Foreclosure Auction Property Buyers”

  • That is most certainly the best deal in town if your thinking about buying a foreclosure auction property.

  • REO:

    That is definitely a huge saving for investors and home buyers looking to get better prices on property in those areas. The workshop looks particularly interesting as it shows people how to find REO and foreclosed properties, which are not normally publicly listed.

  • That is definitely a huge saving for investors and home buyers looking to get better prices on property in those areas. The workshop looks particularly interesting as it shows people how to find REO and foreclosed properties, which are not normally publicly listed.

  • Amy:

    That is most certainly the best deal in town if your thinking about buying a foreclosure auction property.

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