BuySide Realty Celebrates First Year of Empowering Home Buyers.Assisting consumers with more than $100 million in real estate transactions CHICAGO -- BuySide Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. (www.BuySideRealty.com) today celebrates its first birthday. BuySide Realty is the nation's largest Online Buyer's Agent, a licensed real estate brokerage that represents home buyers. Customers who purchase a home through BuySide Realty receive 75 percent of BuySide's commission, a 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. that currently averages more than $11,000. In addition, BuySide has licensed, salaried agents that service customers throughout the home buying process - from scheduling visits, negotiating the offer, and all the way through the closing. In just one year, BuySide Realty has achieved numerous significant milestones, including: * Assisting buyers with more than $100 million in real estate transactions * Providing nearly $2 million in customer rebates * Expanding footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor. 1. to five entire states: California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Florida, Georgia Georgia, country, Asia Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia. , Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , and Virginia * Generating strong customer satisfaction scores; 98% of customers would refer friends and family to BuySide * Continuing to offer the highest commission rebate of any Online Buyer's Agent; BuySide's 75% rebate exceeds Redfin's 67% and Zip Realty's 20% rebate * Growing pipeline of customers with more than $150 million in Pre-Approved buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. * Recent launch of innovative FREE MLS-listing service www.IggysHouse.com driving increased interest and awareness of BuySide Realty Momentum Accelerating "While we are delighted with the accomplishments we achieved in our first year, this is no time to rest on our laurels," said Joseph J. Fox, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Iggys House, Inc. "Our pipeline of future buyers is growing rapidly as we enter the spring housing season." A key metric BuySide Realty uses to forecast future transaction volume is the total amount of pre-approved financing secured by its customers. Since the beginning of 2007, BuySide has received customer pre-approvals for more than $150 million, with $71 million in the month of March alone. "Historically, 80 percent of our pre-approved customers close on a transaction within 2-3 months," Fox added. Premium Customer Service "Just because we rebate 75 percent of our commission does not mean we scrimp scrimp v. scrimped, scrimp·ing, scrimps v.intr. To economize severely. v.tr. 1. To be excessively sparing with or of. 2. To cut or make too small or scanty. on customer service," explained Fox. "On the contrary, we provide a greater level of service from offer to close than most traditional agents. BuySide agents are salaried, and receive bonuses based exclusively on customer satisfaction. Our unique structure eliminates conflicts of interest inherent in most buyers' agent commission models. This ensures our agents remain entirely focused on servicing the buyer, as well as the listing agent, throughout the transaction process." "In fact, the service our agents provide contributes a significant amount of referrals to us," added Fox. "Our customer surveys indicate that 98 percent will - or have - referred friends and family to BuySide." BuySide Entering Washington and Texas "Because of strong demand, we are accelerating BuySide's expansion into two additional states," said Fox. "We will launch BuySide Realty throughout the state of Washington by early May, and Texas by early summer, as part of our national roll out." About Iggys House, Inc. Iggys House, Inc. is the parent company of IggysHouse.com, Inc., Iggys House Realty, Inc., and BuySide Realty, Inc. IggysHouse.com is the leading online destination for self-directed home sellers and agents across the country, offering a rich, dynamic platform for unlimited content, photos and videos. In 20 states, Iggys House Realty, Inc. also provides free access to the MLS See multilevel security. and Realtor.com, the top two channels most buyers and buyers' agents use to find homes. For additional information, visit www.IggysHouse.com . BuySide Realty is the country's largest Online Buyer's Agent, a licensed real estate brokerage that represents home buyers. Customers who purchase a home through BuySide Realty receive 75 percent of BuySide's commission. Buyers have received an average rebate of over $11,000. In addition, BuySide's licensed, non-commissioned agents assist customers from offer to closing. BuySide Realty is currently available to home buyers throughout all of California, Florida, Illinois, Georgia and Virginia with plans to operate in 90 percent of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For more information, visit www.BuySideRealty.com or call 1-877-4-BUYSIDE. Realtor([R]) and Realtor.com([R]) are registered trademarks of the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. ([R]) |
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