Baron Briefs

Earlier this morning, I approved a ListingHedge™ for 3605 HAMMERKOP DRIVE in NORTH LAS VEGAS, NV making it the world’s first risk-free listing ever. OK, not entirely true since a ListingHedge™ is purchased and settled with BaronBucks during the beta period, but still a monumental moment. Here’s the breakdown:

If home sells….

+ $5,423 Est. Commission Side
- $2,000 Expenses
- $458 Cost of Hedge
= $2,965 Net Earning

If listing expires…

+ $0 Est. Commission Side
- $2,000 Expenses
- $458 Cost of Hedge
+ $5,500 Hedge Payout
= $3,042 Net Earnings

Tags: hedging, insurance, realestate, realtors, risk

This entry was posted on Thursday, August 28th, 2008 at 10:47 am and is filed under hedgelet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.