Will it work?

Sawbuck Realty launched in the Washington, D.C., area today, with a take we haven't seen before.

Sawbuck's business model is interesting: cut down on costs by not acting as a traditional broker (with traditional overhead costs) and instead partner with top agent teams (who work for another broker) and refer buyers their way for a referral fee. Oh, and offer buyers a no-cost mortgage at a low rate and rock-bottom closing costs.

And they're not working under an affiliated business agreement. In fact, co-founder Guy Wolcott said, "We're the anti-ABA."

How do they do that? Check out today's, "New broker model: An alternative to the alternative."

Will it work?

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