DeedSwap replaces both real estate agents with AI โ saving buyers $8,500โ$12,750 per deal and listing seller homes for under 1%. Launching simultaneously in Florida and Tennessee.
Full cash rebate legal. Immediate closing credit or check to buyer.
Price reduction method. Buyer pays less for the house โ same savings.
DeedSwap is a full-service real estate transaction platform. Buyers search every MLS listing, get AI-powered offer strategy, and save thousands. Sellers list for 0.5% instead of 3%. No traditional agents needed โ AI handles everything from search to close.
Traditional agents split 5.7% of every home sale between two sides. On a $400K Florida home that's $22,800. On a $500K Nashville home it's $28,500. Every single deal. Every single time.
Academic research across 265,000 listings found homes with low buyer-agent commissions are 51% less likely to sell. A seller-only tool is dead on arrival. DeedSwap owns the buyer side โ making steering irrelevant.
The NAR settlement changed the rules in August 2024. Consumer behavior hasn't caught up. No competitor has assembled both sides of the transaction with AI. DeedSwap has 18 months to own first-mover position across these two states.
Tennessee law (Tenn. Code ยง 62-13-302(b)) prohibits a real estate agent from handing cash back to a buyer. It does not โ and cannot โ prohibit an agent from negotiating a lower purchase price. That is literally what agents are paid to do. DeedSwap uses that distinction to deliver identical savings through a completely different and fully legal structure.
On a $500,000 Nashville home where the seller offers 2.5% buyer agent commission
Buyer signs a $1,500 flat-fee buyer representation agreement. Fully disclosed upfront.
AI matches buyer to listings. Seller is offering 2.5% to the buyer's agent.
At closing, DeedSwap collects the full $12,500 buyer agent commission from the seller.
DeedSwap keeps $1,500, then uses the remaining $11,000 as leverage to negotiate the purchase price DOWN by $11,000.
Buyer pays $489,000 instead of $500,000. Smaller mortgage. Same savings as a cash rebate โ just baked into the purchase price.
Florida allows full cash rebates. Tennessee requires the price reduction method. Both deliver $8,500โ$12,750 back to the consumer. The platform handles both flows automatically โ the buyer sees their savings, not the legal mechanism behind it.
On a $430,000 Tampa home ยท Seller offers 2.5% buyer commission
On a $500,000 Nashville home ยท Seller offers 2.5% buyer commission
DeedSwap earns the same amount per transaction in both states. The buyer saves more in Nashville only because Nashville home prices are higher โ bigger commission pool means bigger savings either way.
DeedSwap represents buyers on every MLS listing in the market AND lists seller homes for 0.5%. The platform handles both flows โ with state-specific logic for Florida and Tennessee built in automatically.
DeedSwap is your buyer's agent โ and returns most of the commission the seller was already going to pay.
Our buyers are already searching in your market. AI does everything your agent did โ for a fraction of the cost.
Digital, DocuSign, done in 60 seconds. Required by NAR settlement rules since August 2024. Fully discloses the flat fee and how savings are returned.
NAR Compliant ยท DocuSignNot just DeedSwap homes โ every active listing. AI learns your preferences, commute, schools, and budget โ and surfaces the right homes first.
Full MLS ยท AI MatchingReal-time comps, days on market, seller motivation signals, and negotiation coaching. Know exactly what to offer โ and why โ before you submit.
ATTOM Data ยท LLM AnalysisDeedSwap keeps $1,500. Everything else comes back to you.
Florida: Cash back at closing or closing credit. Disclosed to your lender. Up to $12,750 on a Miami home.
Tennessee: AI negotiates your purchase price DOWN by the equivalent amount. You pay less for the house. Smaller mortgage. Same savings โ fully legal.
Enter your address. AI analyzes 158M+ property records, recent sales, active competition, and neighborhood data โ delivering a pricing range with confidence intervals in under 2 minutes.
HouseCanary ยท ATTOM AVMProfessional listing description. MLS submission. Syndicated to Zillow, Realtor.com, and Redfin. Live in under 24 hours. You pay 0.5% โ not 2.88%.
MLS ยท Zillow ยท Realtor.comRegistered buyers with matching criteria are notified before your listing hits the public MLS. Pre-market exposure. Faster offers. Both states.
Pre-MLS Matching EngineReview all offers in one dashboard. AI scores each one, flags contingency risk, and recommends your counter. State-specific purchase agreement generated and broker-reviewed before execution.
Florida seller saves: ~$13,500 vs. traditional 2.88% listing agent on a $430K home.
Nashville seller saves: ~$17,400 vs. traditional 2.88% listing agent on a $500K home.
Every feature runs on Claude โ Anthropic's frontier model. The platform detects the buyer's state at signup and activates the correct legal flow: full cash rebate for Florida, price reduction engine for Tennessee. Same AI. State-specific outputs.
Detects buyer's state and shows the correct savings type on every listing. FL buyers see "Get $9,250 cash back." TN buyers see "Pay $11,000 less for this home." Same AI, different legal output.
Instant AVM combining HouseCanary and ATTOM data. Confidence ranges, 36-month price forecasts, and comp-level detail in under 2 minutes for any Florida or Tennessee address.
Learns buyer preferences from search behavior, saved homes, and offer history. When a DeedSwap seller lists, matched buyers are notified instantly โ before the home hits Zillow.
Analyzes days on market, price history, competing offers, and seller motivation signals. Tells buyers what to offer and which contingencies to include. In TN, it factors the price reduction into the offer structure automatically.
State-specific purchase agreements, addenda, and disclosure forms โ auto-populated. FL agreements include rebate disclosure language. TN agreements include price reduction language and zero rebate language. Broker-reviewed before execution.
Real-time guidance through every counter-offer for buyers and sellers simultaneously. In TN, the coach specifically coaches buyers on the price reduction strategy and how to present it to sellers clearly.
DeedSwap earns $4,000โ7,500 per transaction across both states depending on which ancillary services attach. Gross margins exceed 85% at scale.
Both states launch simultaneously, led by the partners' home markets. Florida's buyer-friendly conditions and Tennessee's rising inventory both create ideal entry conditions right now.
| City | State | Median Price | Buyer Saves | Market Condition | Launch |
|---|---|---|---|---|---|
| Tampa Bay Your home market |
๐ด FL | $400K | $8,500 | Buyer-friendly ยท seller concessions rising ยท 83 days avg | Month 1 |
| Nashville Partner's home market |
๐ธ TN | $500K | $11,000 | Inventory up 158% YoY ยท buyers have leverage ยท 89 days avg | Month 1 |
| Miami / South Florida | ๐ด FL | $570K | $12,750 | International buyers ยท strong demand ยท $12K+ savings headline | Month 3โ4 |
| Orlando | ๐ด FL | $425K | $9,500 | Tech & healthcare relocation buyers ยท Lake Nona growth corridor | Month 3โ4 |
| Knoxville / Chattanooga | ๐ธ TN | $340K | $7,000 | Stronger growth projections than Nashville through 2026 ยท lower CAC | Month 3โ4 |
| Jacksonville | ๐ด FL | $296K | $6,000 | Most affordable FL metro ยท highest transaction volume per ad dollar | Month 5โ6 |
| Memphis | ๐ธ TN | $230K | $4,500 | Volume market ยท investor activity ยท high FSBO rate | Month 5โ6 |
At 87% gross margins with a CAC that falls as buyer word-of-mouth compounds โ the model improves every quarter. Florida's 25,000+ monthly transactions and Tennessee's $500K average home price together create a massive revenue base without needing national scale.
| Stage | Transactions/Mo | FL + TN Split | Annual Revenue | EBITDA | Milestone |
|---|---|---|---|---|---|
| Beta | 15 | 10 FL + 5 TN | $810K | โ$2.4M | Prove both models work |
| Month 3 | 50 | 30 FL + 20 TN | $3.3M | โ$700K | First 50 buyer reviews published |
| Month 6 | 120 | 75 FL + 45 TN | $7.9M | ~$0 | Breakeven ยท Miami + Knoxville launch |
| Month 12 | 300 | 185 FL + 115 TN | $19.8M | $13M | Series A closes ยท 6 cities live |
| Month 18 | 700 | 430 FL + 270 TN | $46M | $36M | National expansion begins |
| Year 3 | 2,000+ | Multi-state | $130M+ | $107M | IPO / strategic exit window |
Florida law explicitly permits brokers to rebate any portion of their commission to a buyer โ as cash, closing credit, or even a check after closing โ as long as all parties are properly disclosed. The DeedSwap flat-fee buyer agreement satisfies this requirement. Lender disclosure is built into the closing flow automatically.
Tennessee bans cash from agent to buyer. It does not ban negotiating a lower purchase price โ that is core agent duty. DeedSwap earns the buyer agent commission, keeps $1,500, then uses the remainder as negotiating leverage to reduce the purchase price. Zero cash changes hands. Validated by Felix Homes brokerage with no regulatory challenge.
DeedSwap operates as a neutral facilitator โ not a fiduciary agent โ for both buyers and sellers. This structure is legally established in all 50 states, eliminates dual-agency conflict, and is the foundation for representing both sides of a transaction simultaneously.
Since August 17, 2024, written buyer representation agreements are required before any home tour. DeedSwap's digital flat-fee agreement is NAR-compliant, DocuSign-executed, and specifies exact compensation before a single search is activated. State-specific versions exist for Florida and Tennessee with the appropriate language for each model.
eXp Realty or Fathom Realty as broker of record across Florida and Tennessee. Both hold active licenses in both states, existing E&O coverage, and documented experience with technology-forward brokerage models. Timeline: 30โ60 days. This is the single most important first call to make.
The DeedSwap platform detects the buyer's state at signup and activates the correct legal flow automatically. Florida buyers get the rebate agreement and cash-back disclosure. Tennessee buyers get the price reduction agreement and TREC-compliant audit trail. Brokers review all AI-generated documents before execution in both states.
You own Tennessee. I own Florida. Together we're the only AI platform that eliminates agents on both sides of every deal โ in two of the best real estate markets in the country โ simultaneously.