We believe that real estate consumers do not have enough choices, and we are on a mission to solve that problem in Western Wisconsin. Discount Realty Works LLC exists as an alternative to selling For Sale By Owner (FSBO) and using a traditional (expensive) real estate company. We offer maximum exposure for listings at a minimal price.
Discount Realty Works began as Michael Paul's real estate hobby in 2005. Back then, we were just a For Sale By Owner website and we had no licensed agents. People liked the concept, but in practice it was apparent that not enough people were seeing the listings without the properties being listed in the MLS.
In 2006, Michael Paul earned his broker's license and began offering Flat-fee MLS listings to help budget-conscious sellers in and around Eau Claire. Over the next few years, the busienss grew quickly in several ways.
First, it grew geographically. People from as far away as Hudson, Rice Lake, Birchwood, and Winter contacted us asking if we would list their homes. We were grateful for the positive reaction...but the name Eau Claire by Owner just isn't as meaningful 90 miles away from Eau Claire.
Secondly, the business grew in the services offered. Sellers would frequently call up MIchael and say "I got an offer! Now what do I do??" This led Michael to offer the "Panic Button" service wherein we negotiate on your behalf once you receive an offer and handle things through the closing for an additional fee of $695. We also started offering Full Service listings, where we handle everything from the beginning, for rates far less than people were accustomed to seeing.
In 2008, we officially changed the name to Discount Realty Works and every year has been more successful than the previous. Michael Paul also started to work with buyers, helping each find the perfect home on the best terms possible.
We still offer Flat-fee MLS and we still keep overhead costs very low, but now we offer a wider range of services than you are likely to find anywhere else. We now have additional agents to help spread the word that Discount Realty can Work for you, and in fact we are hoping that agents and consumers in other areas will start catching on to this concept as well through our franchising efforts.