RAINBOH is an application designed to assist homeowners and their real estate brokers and agents, if any, in selling their homes and to assist those seeking to buy homes or their brokers and agents, if any.
RAINBOH is simply an advertising medium that leaves it to the marketplace composed of sellers and buyers, and their authorized representatives, if any, to determine what incentives to offer and to accept. Information about such incentives may be listed only by homeowners and those with legal authority to represent them and who accept the terms of service and pay the yearly non-refundable fee. The information shown on the application is available to any person, licensed or not, who accepts the terms of service and pays the yearly non-refundable fee.
RAINBOH is a user-driven application providing publicly available information furnished by others in a convenient platform. As the number of users and quantity of information increases, the utility of the application will increase for all. The modest annual fee is far outweighed by the value of the information and enhanced efficiency it provides, particularly considering the amount of time and energy it saves homebuyers or their representatives by eliminating the need to contact sellers or their brokers to obtain the listed information.
Some homeowners, or brokers and agents by agreement with such homeowners, might desire to attract buyers by offering various incentives to those buyers. Those incentives might include such things as offering a percentage or fixed commission to be paid to a buyer’s agent or attorney, a discount of the purchase price, the reimbursement of certain expenses of the buyer, or something else.
RAINBOH is not intended to be used as a means of setting or signaling any predetermined incentive or a certain percentage commission that any homeowner must or should offer or any buyer must accept. Neither is it a channel for the communication of any legally binding offer. Instead, it is simply a means for sellers to indicate their openness to entertaining offers that provide some incentive or concessions and to consider them in any negotiations leading to a legally binding sale agreement.
Regardless of how any such incentive might be proposed, RAINBOH leaves it to buyers and their representatives, if any, to negotiate and agree with sellers on any suggested or desired incentive and to negotiate and agree between and among themselves whether and how to share any discounts, commissions, or other incentives that they obtain from sellers.
Information on this application may not be published, consolidated, or shared to any data feed, website, or other application.
RAINBOH is not affiliated with any other website, listing service, data feed, or any real estate industry organization. The advertised listings are gathered directly from the individual sellers or listing brokers for each individual listing.