St. Louis, MO (Vocus) October 14, 2009
Seattle is currently the metropolitan area with the lowest REALTOR’S® commissions on the real estate web site HungryAgents.com. On HungryAgents.com, home buyers and sellers may have Seattle 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 Seattle for sellers registered with HungryAgents.com is only 3.74%. HungryAgents.com member REALTORS® in Seattle are currently bidding to rebate an average 43.5% 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 HungryAgents.com 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.
Seattle is also the metropolitan area with the highest real estate registrations on Hungry Agents.com in August 2009 to first despite its being only the fourteenth largest city in the US. The current average property value for Seattle home buyers registered with HungryAgents.com is $293,750 while the average property value for registered home sellers in the area is $275,000. There are 83 Member REALTORS® in the Seattle area that provide an average of 7 bids for each seller registration.
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 REALTORS® 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.)