After ten years of working in the financial sector managing client portfolios of more than $200 million in assets and 12 years in the real estate sector, Sammy Wolcovinsky was able to verify that buying or selling a house is one of the most important financial decisions in the life of a person. This thought made him realize that the industry had not changed in decades, which opened the space to create Zero, a new, and more fair business model for real estate clients.
Zero Unnecessary Commissions
When opening this business, the first idea that this innovator implemented was to create a more fair business model for clients where unnecessary commissions are eliminated. This great benefit is intended to help customers preserve their family wealth and save them thousands of dollars.
Zero is the first and only real estate company in Panama that can sell a house without the need to charge the client a 5% commission. The latter comes from a business model created more than 50 years ago, where a traditional real estate bróker would keep $20,000 (5% commission) when selling a property of $40,000.00.
Up to $10,000 in Savings
At Zero they think that things can be done with a business model where clients receive exceptional service at a third of the cost, with up to 70% savings in commission payments. In this company they have a motto: “is your house, you make the rules”.
A little History
In the last 20 years, the internet has changed the way people live, from listening to music, watching movies, buying stocks, paying taxes and even doing banking. Today everything is faster, cheaper and more convenient for people. Sammy Wolcovinsky emphasizes that society is in the age of a more and better informed customers.
However, this entrepreneur says that the real estate sector, on the contrary, remains stuck in a high-cost business model that resists change. In the old days, the work a real estate broker needed to do to sell a house was much more complex and time consuming. Today, sites like Google and various real estate portals give home buyers easy access to information about all the houses for sale on the market. In fact, 90% of buyers today visit one of these sites to find their new home. Due to this change, the cost to advertise a property and the work involved in promoting it has been drastically reduced.
This historical background allowed Sammy Wolcovinsky to understand that there was a better way to sell, more efficient and economical. A fair model for both parties at a third of the cost.
Service Offered by Zero
This enterprise offers each client advice adapted to their needs so that they do not have to worry during the process of buying or selling their property. It includes:
• Qualified licensed advisors to guide you through the entire process.
• Price recommendations to sell your house faster.
• Creation of a 360 virtual tour, which attracts the attention of more buyers.
• Floor Plan of your home.
• Professional photography.
• Premium positioning in real estate portals.
• Creation of advertisements for social networks.
• Zero takes care of all the paperwork.
• ITBMS (Taxes) already included in the rate.
Smart Seller Plan
The Flat Fee of the “Smart Seller Plan”, preferred by customers, is $4,975.00. Zero’s fixed fee is only paid when the property is sold, there is no need to pay in advance and if the property does not sell there is nothing to pay.
General Information
Hours: Monday to Friday from 8 am to 6 pm. Saturday and Sunday from 9 am to 1 pm.
Cell. 6575-4155
IG: zero.pty
Email: sammy@zeropty.com
Address: Via Israel, East 67th Street, San Francisco
Photos courtesy: Zero
