Reports Rise in Indianapolis Metropolitan Area Real Estate Activity

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Indianapolis tops all other metropolitan areas in the country for buyer and seller registrations on the real estate web site Home sellers in the Indianapolis area are receiving average commission bids of just 4.96% through while buyers are being offered rebates exceeding one-third of the buyer's agent commission.

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Indianapolis was the most active geographic area in September on the real estate web site for seller registrations and is currently the site’s second highest area for real estate buyer and seller registrations for 2009 to date. On, home buyers and sellers may have Indianapolis REALTORS® offering Full Service with Discount Rates bid for their business using a simple online interface without any charge or obligation while still maintaining their privacy. Prospective buyers and sellers are able to not only view member REALTOR®’s bids but also read agent bios and additional information that may be helpful in choosing the right REALTOR® for their needs.

The current average real estate commission bid in Indianapolis for sellers registered with is only 4.96%. member REALTORS® in Indianapolis are currently bidding to rebate an average 35.68% of the buyer's agent commission to the home buyer at closing. This can represent a savings of thousands of dollars in real estate commissions to both buyers and sellers. In many cases, sellers registering with are using the savings to price their homes for immediate sale and still receive the same net amount from the sale of their home. REALTORS® also win new business without expensive ongoing advertising.

Indianapolis rose from the metropolitan area with the 8th highest real estate registrations on Hungry in August 2009 to first despite its being only the fourteenth largest city in the US. The current average property value for Indianapolis home buyers registered with is $303,884 while the average property value for registered home sellers in the area is $193,459. There are 147 Member REALTORS® in the Indianapolis area that provide an average of 9 bids for each buyer/seller registration. In the five year history of Indianapolis has had the fifth highest level of persons requesting bids for real estate services overall.

About 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, provides an online portal allowing buyers and sellers to register with 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 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.)


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Michael Gudeman
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