Whos Buying Online?

By Anthony Longo 10 03 2008

Below are stats from Jan 1, 2008 until today for people surfing on CondoDomain.com for a new condo!  Interesting stuff.  Now this data is nationwide…but lets take a look at it.

Our urban niche has pulled in the following.

1.  70% are Young Professionals & Established Professionals - no surprise here.

2.  80% looking for a primary residence.

3.  67% looking for services (high rise and or low rise living)  not brownstone or boutique buildings.

4.  77% looking under $450,000 price point.

All awesome data and much of the reason we started the all new Online Buyers Brokerage model NOW LIVE on - www.Boston.CondoDomain.com.  It will be interesting to see how this data looks like from the new web 2.0 website versus the old 1.0 CondoDomain site.  Stay tuned…
condo stats



BuySide Realty Officially Changes Name

By Anthony Longo 8 03 2008

…to Iggys House Brokerage Services.

iggys hosueAs confirmed to us in an email blast…it looks like the BuySide brand is stepping out and Iggy’s House is stepping in to serve as both the Buy-Side Brokerage Services and the Flat Fee MLS Sell-Side Brokerage service.  It makes sense…they had to pick one brand and just run with it.

“Our services have not changed, just our name.  We still share with buyers 75% of the commission we receive from the seller.  As a reminder, our buyers have received on average over $11,000.”

Iggy’s house was filing to do an IPO back in October…anyone have any updates on this?



BrightSale - Online Estate Agents

By Anthony Longo 6 03 2008

bright sale

By way of our “Nantucket Connection” - Brian-Logan Reid
BrightSale is a UK based online estate agent which utilises the latest technology to help it’s users sell their host faster at a lower price than traditional estate agents. Charging a fixed fee of just 0.5% BrightSale offers it’s customers a significant saving when compared to traditional high street estate agents. Guided by a team of expert property negotiators at the companies head office in London, BrightSale’s customers can truly take control of their property sale in ways that traditional agents have typically restricted. It’s fast, cost effective and has a greater reach than traditional estate agents. Advertising your property with BrightSale Online Estate Agents will mean that more than 20 million people could see your property every month.

Sound familiar…hmm…maybe something new is becoming the norm now?



Got An Ugly Neighbor?

By Anthony Longo 5 03 2008

You havent seen anything yet till you see this!

steve o hollywood condo
STEVE-O from Jackass absolutely goes nutty in his Hollywood Condo. Steve-O’s nuclear war with his neighbor finally caught up with him. The O man is in the pokey after being popped for alleged vandalism, as TMZ first reported.

On his own website, the “Jackass” star has been proudly documenting the violence.

We’ve been told a neighbor’s the one who made a citizen’s arrest this AM after Steve allegedly punched holes in the walls of their building.

On a serious note…this is all just another great reason to hire a great real estate broker who knows the building and knows who lives there :) !!!!



Facebook for SF Real Estate!

By Anthony Longo 3 03 2008

frontsteps.jpg

From the author of ‘theFrontSteps blog’:

“The time has come to unveil the latest creation, www.theFrontSteps.org. We hope you like it, and we hope you participate. We even give props to SocketSite. We’re calling it “A Social Network for real estate obsessed San Franciscans”. Go check it out at www.theFrontSteps.ORG



Boston Buyers Brokerage

By Anthony Longo 1 03 2008
CondoDomain Boston Team Members

(Click To Enlarge)

Since launching our exclusive buyers’ brokerage operations here in Boston we have fortunately got off to a great start! We are operational now almost 2 months and I wanted to personally reach out and thank all of you who have contributed to our initial success.

So Thank You to all of the real estate developers and on-site marketing teams who have provided us the content for our website, ForSaleByOwner.com and Foreclosure.com for providing us local feeds to their databases, listing real estate brokers who have cooperated with us in bringing all of our transactions to fruition and most of all…you, for believing in our new innovative Flat Fee Brokerage concept. And of course our web partner who has helped make our dream and vision come to reality - Thanks Dreaming Code!

For all of you who may be new readers of CondoDomain Boston, this is our blog in which we contribute daily content on the downtown Boston Real Estate market. From new condo developments, neighborhood updates, featured listings & other condo related information, we aim to provide you the most transparent in buy-side information on the downtown Boston Condo market!

Our main site which is located at (http://Boston.CondoDomain.com) is a complete resource for any residential real estate for sale in Boston. On our site you will find the most up-to-date information on every MLS listing for sale, every new development, existing building, FSBO, foreclosure and even auctions in the metro Boston area.

Our business model caters to web-savvy individuals searching for local real estate and condominium information for sale on the web. By working with such individuals like yourself, our cost basis is much less than of a traditional real estate brokerage. The majority of our clients are highly educated on the local marketplace, web-savvy and data oriented, thus making our time together touring properties and open houses much more efficient.

If your not the tech savvy or data oriented person…don’t worry about it because we will help you though the buying process no matter what - Its What We Do. Its All We Do!

The 3 core principles of our company are:

  1. We work exclusively with buyers only.
  2. We only concentrate on metro Boston properties.
  3. We operate off a revolutionary flat fee buyers’ broker model.

Whats a flat fee buyers broker?

Ok, so we took exclusive buyers brokerage one step further and added on a flat fee business model.

What does this mean? Well, it means that no matter what you buy or spend on your new property, we are solely going to represent you in the very best way we know how to and get you the best deal possible and be compensated the same for every client we work with. After all, why should we be compensated 10X more for helping a $3,000,000 buyer search, tour, negotiate and close on a condo versus helping one of our $300,000 buyer clients?

The Answer: We shouldn’t.

In Boston, no matter what you are considering buying, we only accept a $5,000 flat fee from the sellers commission and refund you the remainder. For example if you buy a $500,000 condo and we are compensated $15,000 by the seller as the co-broker, we only accept the first $5,000 and REFUND you the remainder ($10,000) as a cash-check after the closing! (Now that sound better than a bottle of Veuve?)

Same scenario - $2,000,000 buyer. We collect our $5,000 flat fee commission from the cooperating listing broker and REFUND YOU $55,000! (at a 3% commission average)

So jump on and surf our site and the most complete database of Boston Real Estate and Boston Condo information. Got a question…shoot us a note or give us a call….heck, send us a text message or IM if thats easier. We are hear to help any and all buyers looking to purchase downtown.

Look forward to hearing from you!

Sincerely,

Anthony Longo, Founder & Boston Team Member





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