What assumptions are made when comparing Snapdoor to traditional agents and FSBOs?

The following assumptions (based on historical data) are used when calculating the money a seller makes when (a) selling with a traditional agent; (b) selling on their own (FSBO); and (c) selling with Snapdoor.

• Only 11% of sellers selling on their own (FSBOs) succeed.
• Final price of FSBO sales is, on average, 15% lower than agent-brokered sales.
• Final price of Snapdoor sales is, on average, 5% higher than agent-brokered sales.
• Traditional agents charge 6% commission, split between seller and buyer brokerages.
• FSBOs, by definition, pay no listing-side commission or fees.
• 80% of successful FSBOs pay commission to buyer brokerages.
• FSBOs that pay buyer brokerages pay 2.5% of the sales price.
• Snapdoor listing fees equal 1.5% of the sales price.
• Snapdoor pays buyer brokerages 2.5% of the sales price.
• 96% of traditional agent sales reach settlement (i.e., 4% fall-through).
• 98% of Snapdoor sales reach settlement (i.e., 2% fall-through).
• Taxes are, on average, 1.5% of the sales price for all types of sales.