DC Area Gets Second Group Discount Offer Aimed at Home Buyers
When a Chicago real estate brokerage launched a Groupon initiative a few months ago that ended up selling 219 deals, it seemed like only a matter of time before companies in other major cities followed suit, and DC did.
In early May, Logan Circle-based brokerage Hounshell Real Estate offered up to $6,000 off their commission for buyers or sellers for $50 through The Capitol Deal, the Washington Post’s homegrown answer to sites like Groupon and LivingSocial. The actual amount refunded depended on the price of the home: $1,500 off for a home price between $200K and $400K; $3,000 off for $400-800K homes; and $6,000 off for $800K homes and above.
For a variety of reasons, Groupon no longer offers real estate deals, but that doesn’t mean other sites haven’t decided to take a stab at them.
UrbanTurf has learned that Van Metre Homes is now offering a group-buying deal for DC-area home buyers via HouseTipper. The deal is similar to the Hounshell offer: Buyers pay $50 and get up to $5,000 at closing when purchasing a Van Metre home.
Homes with a purchase price between $200,000 and $500,000 are eligible for $2,500 in paid closing costs and homes with a purchase price above $500,000 will be eligible for having $5,000 in closing costs covered. Only one voucher can be used per transaction, and it cannot be coupled with other discounts. The offer is valid on new sales contracts written between July 8, 2011 and October 8, 2011.
The deal tips when three are purchased and will run for the next 16 days.
See other articles related to: dclofts, group buying, groupon, housetipper, van metre homes
This article originally published at https://dc.urbanturf.com/articles/blog/dc_area_gets_second_group_buying_offer_aimed_at_home_buyers/3789.
Most Popular... This Week • Last 30 Days • Ever
It has been a good start to the year for high-priced homes in the DC region.... read »
Roadside Development filed a sketch plan with Montgomery County this month for the 30... read »
The Matthew is located on 9th Street, overlooking the iconic Naylor Court and neighbo... read »
Dan Snyder donates house to charity; DC records priciest building sale since 2022; an... read »
This week's Best New Listings include an award-winning craftsman, a condo in a former... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro