Dream Town Realty today launched a special offer with Groupon, the first real estate deal to be done with the nation’s leading online coupon provider.
“Our big picture is we’re really an emerging company,” Dream Town Realty President Yuval Degani tells ChicagoBreakingBusiness.com. “What we’re trying to do is acquire new customers. We’re not really looking at (the Groupon deal) as a reduced commission. We’re looking at it as getting customers for life.”
The Groupon offer will provide $1,000 cash back at closing to the homebuyer who purchases a home valued at $150,000 or more within the next year. The offer is for $25 dollars and requires 50 vouchers to be purchased to activate.
According to ChicagoRealEstateDaily.com, Groupon has a subscriber list of 70 million worldwide and is expected to file for an IPO this year.