Webdigs Enters Twin Cities Real Estate Market as First Web-Based Brokerage

MINNEAPOLIS, Feb. 4 /PRNewswire/ — Webdigs (http://www.webdigs.com) announces its entry into the real estate market as the Twin Cities’ first full-service, web-based real estate brokerage. Webdigs offers Minnesota home buyers and sellers the opportunity to save thousands of dollars on their real estate transactions. Consumer savings are a result of streamlined business practices, as well as flat-rate and reduced commission broker services.

Webdigs enters the market after 18 months of market research, strategic business development, and financial modeling that led into comprehensive web application development.

“We’re a non-traditional real-estate brokerage,” said Webdigs Co-Founder and CEO Rob Buntz. “Our agents provide excellent customer support and consultation in every step of the buying and selling process and we also offer huge cost-savings benefits to our customers because we don’t charge the typical high-commission fee.

“We call ourselves web-based because of the high-tech search capabilities we offer to our website visitors,” added Buntz. “We’re different from the other real estate options out there. Service meets technology; that’s our platform.”

According to REALTrends, more than 90 percent of people looking for homes begin their search on the Internet.

Webdigs recently moved out of Beta website testing and launched http://www.webdigs.com with comprehensive search capabilities, buyer/seller tools and customer resources. Combined with full-service customer support, Webdigs rewards its customers for doing some of the work themselves — searching on the web.

How Consumers Save

Webdigs refunds its buyers with 2/3 of the commission that would otherwise be paid to the buyer’s agent. Sellers save by paying a flat rate of $3,000 instead of the full-price commission that is typically paid to the seller’s listing agent upon closing.

For a cost comparison on how buyers save
http://www.webdigs.com/do/How+Buyers+Save
For a cost comparison on how sellers save
http://www.webdigs.com/do/How+Sellers+Save

The Webdigs Business Model

Webdigs’ business model allows the company to profit by processing more transactions per month than a traditional real-estate brokerage — making less per transaction but more in volume.

Webdigs differs from other web-based real estate brokers such as Redfin and BuySide Realty in that Webdigs is both high-tech and high-touch, providing full, excellent customer service as well as state-of-the-art online search capabilities.

“We see real estate following the trend that saw airline tickets, rental cars, hotels and banking move to an internet-driven solution,” said Buntz, who is also a licensed broker and founder of Bluefin Bay Resort in Tofte, Minn.

About Webdigs

Webdigs (http://www.webdigs.com) is the new way to do real estate in the Twin Cities. Webdigs is a licensed, web-based real estate brokerage that combines the Internet, proprietary website technology and efficient business practices to deliver significant savings to its customers. Dedicated and knowledgeable agents help the buyer/seller every step of the way. Webdigs clients get full support in paperwork, offer presentation, negotiation and closing.

SOURCE Webdigs

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