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BuySide Realty Expands to Texas; Offers Lone Star State Homebuyers a 75% Commission Rebate.

Expansion to Texas - the top state in terms of volume of home sales - is a significant milestone in its continuing growth

Buyers receive average rebate of $11,000; Sellers Can List Their Home For Free on the MLS

CHICAGO -- BuySide Realty (www.BuySideRealty.com), the nation's largest Online Buyer's Agent, announced today that it has expanded its innovative services to Texas. Texas buyers will now be able to receive a 75% commission rebate by purchasing their home through BuySide. To date, BuySide has paid buyers millions of dollars in rebates, with an average rebate of more than $11,000 per home.

"Texas is a substantial new market for our BuySide services," said Joseph Fox, CEO of Iggys House, Inc., parent company of BuySide Realty. "In 2006 and 2007, more existing homes were sold in Texas than in any other state. We are now offering BuySide services in the entire state.

"Texans have long shown an independent streak, and they are entitled to independence from the outrageously high fees that traditional brokers charge," Fox continued. "For Texas buyers, we offer a great value proposition. We share 75% of the seller paid commission with the buyer - more than $11,000 on average. And we provide expert agent help - from creating an offer, to negotiating the terms, through closing on their new home.

"We are a natural fit for Texas' Internet savvy consumers. There's no home court advantage on the Internet. Consumers will go to the provider that offers the best value and the best service. In the world of online real estate, that's us," Fox concluded.

With the addition of Texas, BuySide Realty is now offering services in seven states. It launched in April 2006, serving buyers in California, Florida and Illinois. It has grown rapidly since then, by adding the states of Georgia, Virginia, Washington, and now Texas.

BuySide Realty's sister company, Iggys House Realty, Inc., already offers an innovative, free service for sellers in Texas and other states. It empowers sellers by listing their homes on the MLS for free, and placing their homes on Realtor.com for free. The MLS and Realtor.com are the top two channels most buyers and buyers' agents use to find homes.

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 enables sellers to post their homes for sale on the Internet for free. Sellers can create a rich online showcase for their home, with unlimited content, photos and videos.

Iggys House Realty, Inc. is a licensed real estate brokerage, with unique services for sellers. It lists sellers' homes on the MLS for free. It also places seller's homes on Realtor.com(c) for free. For additional information, visit www.IggysHouse.com.

BuySide Realty, Inc. is the country's largest Online Buyer's Agent, and a licensed real estate brokerage. It offers a powerful value proposition for buyers. Customers who purchase a home through BuySide Realty receive 75 percent of BuySide's commission. BuySide has paid 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, Texas, Virginia and Washington. For more information, visit www.BuySideRealty.com or call 1-877-4-BUYSIDE.

Not affiliated with Realtor.com(c).
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Publication:Business Wire
Date:Jan 18, 2008
Words:559
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