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1RoofRealty.com Names Renowned Entrepreneur George Naddaff Chairman of Board.


Business/Technology Editors

BOSTON--(BUSINESS WIRE)--May 3, 2000

1RoofRealty.com, a Boston-based company pioneering the online real estate brokerage industry, today announced that George George, river, c.345 mi (560 km) long, rising in a lake on the Quebec-Labrador boundary, E Canada. It flows N through Indian Lake (125 sq mi/324 sq km) to Ungava Bay (an arm of Hudson Strait).  Naddaff, best known for his success as the founder of The Original New Boston New Boston is the name of some places in the United States of America:
  • New Boston, Illinois
  • New Boston, Massachusetts, the name of several communities including:
 Chicken, has been appointed to Chairman of the Board. 1RoofRealty.com is a full-service full-ser·vice
adj.
Associated with or offering complete service: full-service gasoline pumps; full-service banks. 
 real estate broker that offers homeowners the ability to sell their homes via a controlled online auction, or through the traditional real estate model, utilizing a full-service, 1RoofRealty.com real estate agent, while charging just a 2.5 percent commission.

Naddaff has been featured in Forbes Forbes   , B(ertie) C(harles) 1880-1954.

American publisher and businessman who founded and edited (1916-1954) Forbes magazine. His son Malcolm Stevenson Forbes
, The Wall Street Journal, USA Today USA Today

National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s.
, and many other national publications regarding his wildly successful entrepreneurial en·tre·pre·neur  
n.
A person who organizes, operates, and assumes the risk for a business venture.



[French, from Old French, from entreprendre, to undertake; see enterprise.
 career that began at the age of nine and continues today. In addition to his ventures into the food service and child care center industry, Naddaff currently serves as Vice-Chairman of Mortgage.com, and as the director of Business Expansion Capital Corporation, which he founded in 1986.

A self-described "visionary 1. visionary - One who hacks vision, in the sense of an Artificial Intelligence researcher working on the problem of getting computers to "see" things using TV cameras. (There isn't any problem in sending information from a TV camera to a computer. ," Naddaff has the knowledge and experience that will guide 1RoofRealty.com toward even greater success.

"The concept behind 1RoofRealty.com makes sense. The ease of online bidding with the help of the resources available on the website and the 1RoofRealty brokers makes this a very appealing way to buy or sell a home." said Naddaff. "This is something I believe in, and will do my best to see that 1RoofRealty.com realizes its potential as a leader in the real estate industry."

"We are excited to have George as our Chairman," said Chris Delaney, president of 1RoofRealty.com. "He has a proven track record of success, and his expertise will help 1RoofRealty.com continue to pick up momentum with every home we sell."

While most traditional full-service real estate brokers charge between 5 and 6 percent in commission to sell your home, 1RoofRealty.com charges home sellers a one-time commission of just 2.5 percent. This amount is due upon closing and there are no additional charges or amounts to be paid by the seller or the buyer. 1RoofRealty.com's full-serviced licensed agents will handle the complete transaction from start to finish (from advertising and running the open houses/home tours and handling the closing on the property).

About 1RoofRealty.com

1RoofRealty.com is a full-service real estate broker that offers the added advantage of discount commissions. 1RoofRealty.com uses the power and the reach of the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 to advertise and sell properties in an open and transparent online auction, or through the traditional sales method. Sellers are charged just 2.5 percent to sell their home, and buyers receive a 0.5 percent rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges.  for using a 1RoofRealty.com agent. The 1RoofRealty.com e-Auction is a better way to sell homes, as it makes the buying process easier and ultimately nets the most competitive price for the seller.
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Publication:Business Wire
Date:May 3, 2000
Words:474
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