The online retailer says it’s now accepting pre-purchases from people looking to buy an entire house.
The social media giant has also announced it’s adding a pre-sale feature for homes, which will allow people to buy houses for as little as $1,100 a house, up from $1 and up.
Facebook says it is adding a “pre-sale” feature to its pre-owned homes section, so people who want to pre-order a house for as low as $2,700 can do so.
The company said it will add additional features and pricing on Tuesday, but that the pre-sales are “coming soon.”
Facebook said it added a pre sale feature to preowned homes because of the volume of pre-sold homes in the market and the growing number of people looking for homes.
“This is the first time we’ve done it to all of our pre-priced homes and we’re excited to share that with you,” said Mark Mahoney, head of product marketing at Facebook.
The pre-selling feature will allow pre-buyers to make their final bid on a home, which they can then add to their account and see how much money they can expect to recoup.
“We’re going to be adding more of these features to presold homes,” Mahoney added.
In a statement, Facebook said the feature was designed to allow buyers to find homes they want, but it was “not designed for people who need to make quick, final pre-bid decisions.”
“The way that pre-orders work on Facebook is that you can make a preorder and the first thing we do is track how many homes you have on the page.
This helps us find the best homes for you,” Mahony said.
“So, when people make a quick pre-offer on a preowned home, we track that and then we add it to your account.”
It’s a new feature, and the company is now accepting people to preorder homes.
Facebook is offering pre-sellers a $2 per square foot tax credit for each home they preorder.
It says the tax credit will not apply to homes bought by first-time buyers.
“As we grow the platform to serve more people, we’ll continue to add more tools and services to help people find the homes they love,” MahONY said.