St. Louis, MO (Vocus) October 8, 2009
HungryAgents.com, an online real estate portal that matches home sellers and buyers with full service REALTORS® in Fairfax offering discounted commissions, announced that member REALTORS® bidding on selling Fairfax area homes bid an average of just 4.91% for home seller’s real estate commissions. Fairfax HungryAgents.com REALTORS® were bidding to rebate an average of 27.37% of the buyer’s agent commission to the home buyer at closing. This can equate to a home buyer in Fairfax receiving thousands of dollars back at closing.
Both percentages were for the third quarter of 2009. Such a competitive real estate agent commission market has made Fairfax the most active area on HungryAgents.com in 2009, with each home buyer or seller registering receiving an average of over 10 bids. Alll HungryAgents.com [Fairfax REALTORS® offer discount commissions with full service.
HungryAgents.com matches buyers and sellers with REALTORS® in their area who provide full service and are ready to reduce their real estate commission to compete for the home buyers’ and sellers’ business. Through a network of more than 9,000 registered REALTORS® nationwide, HungryAgents.com provides an online portal allowing buyers and sellers to register with HungryAgents.com for free, entering type, price range and general location of the property they wish to buy or sell, while still preserving their privacy. The contact information of the buyer or seller is held privately by HungryAgents.com while the general information regarding the property is sent to the registered REALTORS® in that area. Our member REALTORS® review the transaction information and then bid for the business by offering reduced real estate commission rates to home sellers and for buyers the percentage of the total buyer-side commission they are willing to return. (Rebate offers void where prohibited. In some states offer is restricted to a credit at closing.)