The Philadelphia Condo Loft

We have just started new Facebook groups for all of our cities.  We have called it the “Real Estate Exposed” groups.  In Philadelphia you can log on to Facebook and just search for “Philadelphia Real Estate Exposed” and you will find our new group.

In the Philadelphia Real Estate Exposed group we plan to share local real estate information, tips, tricks and other inside scoops on the downtown Philadelphia Real Estate marketplace.  Most of this will be surrounding the new luxury Philadelphia condo developments and the local Philadelphia condo marketplace.

Not on Facebook – sign up here.

Facebook junkie? Connect with all of our agents and management team here.

Just want to search for Philadelphia Condos ?  Click here

via Inman News…

The Department of Justice and the National Association of Realtors have agreed to minor modifications to their proposed settlement of the government’s antitrust lawsuit against the Realtors’ association, paving the way for a final judgment in the three-year-old case.

The government says the settlement, announced in May, will give consumers access to multiple listing service data on homes for sale similar to that enjoyed by Realtors. After wrapping up its review of public comments submitted during a 60-day window, the DOJ proposed leaving the settlement virtually unchanged.

But in its response to comments received from the industry, the DOJ shed some light on how it expects the agreement to be enforced: by NAR. The government also left the door open for future antitrust action concerning NAR’s Internet Data Exchange, or IDX, policy.

In its September 2005 lawsuit, the DOJ alleged that NAR’s policy on “virtual office Web sites,” or VOWs, violated antitrust laws. The policy alleged suppressed competition from real estate brokers who gave consumers access to multiple listing service data on a par with that enjoyed by Realtors through password-protected sites.

By allowing brokers to withhold their sellers’ listings from VOWs, NAR restrained VOW brokers in their ability to compete with traditional brokers, who often provide information on MLS listings by hand, mail, fax or e-mail, DOJ lawyers said.

By blocking VOW brokers from allowing their customers to review the same set of MLS listings that traditional brokers can provide to their customers, NAR’s rules “restrained VOW brokers from competing in a way that is efficient and desired by many customers,” the DOJ claimed.

The proposed settlement requires NAR to modify its challenged VOW policy, making it clear that brokers can operate VOWs “without interference from their rivals,” and that traditional brokers cannot withold sellers’ listings from display on VOWs.

The proposed settlement would also allow brokers to operate referral VOWs, which allow prospective buyers to search for homes online, but directs them to other brokers or agents when they are ready to see a home in person, negotiate a price, enter into a contract, and close the deal.

Existing referral VOWs have established relationships with Internet companies and developed “significant numbers of potential buyer leads,” the DOJ says, and the proposed settlement prohibits MLSs from standing in the way of VOW brokers referring customers to other brokers for compensation.

Continued @ Inman News

We are soooooo very excited to launch CondoDomain Philadelphia this week, the 6th most populated city in the U.S!  This is one city we have been dieing to get into and I have been wanting an excuse to come down and visit my friend & college teammate – Donovan McNabb AND I have been dieing to try the original – Philly Cheese Steak @ Geno’s!

With the help of our longtime friends at Goldman Properties in Manhattan, we have partnered with the best of the best in Philadelphia Real Estate - The Atacan Group.

Antonio Atacan and The Atacan Group is a team of educated and experienced Realtors who have the unrelenting desire to deliver superior services with insight, innovation, and integrity. Antonio, being an extremely tech-savvy real estate broker, he understood what we were trying to do in Philadelphia and has been very welcoming to his city.

The Atacan Group which will continue be one of the top full-service Philadelphia Real Estate brokerages offering both buyers servcies & listings services and will also be our exclusive partner here @ CondoDomain working with our ‘web-savvy’ and do-it-your-self-er’s clients.

As you may know, the CondoDomain business model is a very rare and unique model.

1.  As a company brand, we only work with buyers.

2.  We are dedicated to the downtown marketplace.

3.  Being a web-based company, we can afford to give a commission refund to our clients.
What to expect from CondoDomain Philadelphia?

ONLINE

When we open our “web-doors” later this week, you will see that CondoDomain Philadelphia is a great informative website.  We will have a full MLS feed, overview of all the new luxury developments & loft buildings, foreclosure information, FSBO listings & even auction opportunities.  We hope to give you a great set of online tools combined with up-to-date accurate real estate listing information.

OFFLINE

If your like most of our visitors, eventually after surfing our website and visiting some open houses on the weekends, you want “more” and you email us, phone us or come in and meet a team member.  The team members from The Atacan Group who will be working with all CondoDomain buyers will show you how we work & save you thousands!  So, if you are a savvy client, you know where you want to live, and you want the advice of Philadelphia’s Top Real Estate Brokerage and help to facilitate the transaction, negotiate, do the paper work and refer you to top mortgage and legal partners – this is a home run for you because we will do all this for you and save you thousands with our commission refund.

Intrigued? Check out our Boston Condos site to learn more.

We look forward to working with you.

Sincerely,

Tony Longo

Founder & CEO, CondoDomain.com LLC

In anticipation for the all new CondoDomain Philadelphia search portal, we have pushed our local blog live! In the coming months we plan to release CondoDomain Philadelphia and begin working with buyers looking to purchase in downtown Philadelphia, PA! If you want to get a feel for what our site will be like in Philadelphia, PA, please feel free to check out our Boston site.

Why Buy With CondoDomain?

1. We are exclusive buyers brokers! We only do 1 thing…and we do it very well!

2. Condos! Its what we know! Its what we do!

3. Flat Fee! We run an efficient business that benefits YOU, not a commission based agency that is compensated when you spend more!

Our average client receives more than a $13,000 refund back at closing…

We’re Hiring!

If you are interested in learning more about the company please write us or check out our Facebook Group here.

About CondoDomain.com LLC

CondoDomain.com is a web-based real estate brokerage based in Boston, MA. The company is expanding nationwide to offer its buyers’ brokerage services in more than 30 cities around the U.S. Currently operating in Boston, CondoDomain offers an innovative flat-fee business model allowing the majority of the commission to be refunded to the buyer. By combining up-to-date MLS feeds, new construction buildings, FSBO, Foreclosures, Lofts and Auction listings all on one site, CondoDomain has become one of the most popular and user friendly real estate websites available. CondoDomain.com offers a 100% satisfaction guarantee to all of its clients, ensuring a professional, efficient, and pleasant transaction. Visit www.CondoDomain.com for more information or feel free to dive into our blogs at www.CondoDomain.com/blog.

For more information, please contact Erica Farthing at (877) 852-6636.