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Minneapolis REALTORS Discount Real Estate Commissions to Promote Real Estate Activity

Minneapolis, MN (Vocus) October 22, 2009 -- Slow home sales have caused competitive Minneapolis REALTORS® to discount real estate commissions on the real estate web site HungryAgents.com to amont the lowest in the country, saving home buyers and sellers thousands of dollars. On HungryAgents.com, home buyers and sellers may have Minneapolis discount REALTORS® offering Full Service (http://realtors.hungryagents.com/minneapolis-discount-realtors.asp) 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 REALTORS®’ 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 Minneapolis for sellers registered with HungryAgents.com is only 4.74%. HungryAgents.com member discount REALTORS® in Minneapolis (http://realtors.hungryagents.com/minneapolis-discount-realtors.asp) are currently bidding to rebate an average of 40.99% 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.

The current average property value for Minneapolis home buyers registered with HungryAgents.com is $452,083 while the average property value for registered home sellers in the area is $327,770. There are 107 Member discount REALTORS® in the Minneapolis area (http://realtors.hungryagents.com/minneapolis-discount-realtors.asp).

About HungryAgents.com

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 discount REALTORS® (http://www.hungryagents.com) 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.)

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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