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So what does VerraTerra stand for or mean?
One of our founding beliefs of the company was to conduct our business honestly and ethically. No hard sells, no sneaky tactics. Just work in our clients best interest and educate the public the truths behind the business. VerraTerra can loosely translate to ‘truth in real estate.’ Verra is a shortened form of veritas, which is truth, and terra is land.
Where is your office located?
VerraTerra isn’t setup like a traditional brick and mortar brokerage. We are headquartered in the Bothell/Mill Creek area in Washington State but our agents are stationed throughout the Puget Sound area. This helps keep our flexibility high and our overhead low, which in turn helps keep our prices fair.
How does VerraTerra accept payments?
We accept personal or bank/cashier checks for anything that is not paid out of escrow. Sorry we do not accept credit card payments at this time.
What areas do you operate in?
We currently serve areas throughout the greater Puget Sound. From Bellevue, Kirkland, Redmond, Seattle, Mukilteo, Bothell and all surrounding areas. Give us a call or send us an email and we’ll let you know if we can service your area.
What affiliations do you have?
We are privately owned and locally based. We are members of the Northwest Multiple Listing Service (NWMLS).
How are you able to offer most of your services for a flat fee when many of your competitors do not?
It all starts with re-thinking the value and role of a real estate agent. Value to us is not necessarily working harder or longer, but working smarter and more efficiently. We have eliminated a lot of waste (in both time and money), utilized efficiencies of scale and reset our expectation of what this service should be worth. The traditional commission model has not changed in decades yet prices have continually gone up. It is arguable that our job is easier and less expensive to perform than it was before the Internet. It would thus make far more sense to create a pricing model that accurately reflects these changes in the industry and how real estate services are becoming a commodity. A percentage model still has its place (note that our flat fee listing and buyer model does not apply to every house or every buyer), we just don’t believe it should be the only model available to the public.