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Originally printed on Forbes.com 10.11.2006

CityService Revolutionizes Real Estate Commissions
Sellers Pay 1.49% Commission
Buyers Receive 25% Rebate

Chalfont, PA - CityService is an innovative real estate firm that is re-shaping the local real estate industry through a lower commission structure. Comprised of high-producing agents from a national realty firm, CityService recognizes that the Internet has changed the way the real estate industry does business by enabling today's buyers and sellers to receive valuable information directly, that in years past could only be provided by their Realtor. As a result, CityService saves buyers and sellers thousands of dollars by offering rebates and taking only 1.49% commission while negotiating the commission of the buyer's agent down from the standard six percent.

According to RJ Timlin, Realtor/Business Development, "the concept for this atypical business model is simple. At CityService, we realize that buyers are spending about 60% less time per transaction due to public access to the Internet. In the past, customers would engage a Realtor's services for an average of nine weeks; today, the time spent by Realtors is reduced to less than three weeks. We just changed the commission structure to be fair to our customers."

In addition to saving money, CityService customers receive a wide scope of services. The firm, which discourages self-promotion of its agents, pays for the sales/marketing costs of every listing. Contracted clients receive a host of marketing resources that include: placement on 30+ industry websites which hits 99% of search engines, access to the multiple listing services, an individual web page, and a virtual tour of their home produced by a professional photographer. Additionally, CityService pays for featured positioning on the industry's top website, Realtor.com obtaining maximum exposure for sellers' homes. CityServcie customers also have the option to cancel their contract at any time; rather than the standard six to 12 month contracts required by the traditional firms.

"I would highly recommend the services of CityService to anyone looking to market and sell their home at a reasonable fee/price," states Todd Warton of Doylestown. "I was afforded all of the services one might expect with any good full service realtor (plus more) for 1.49% commission."

While the commission structure at CityService has ignited some controversy between CityService and the traditional real estate firms, the company is thriving. This success is due in part by public support to change a system that consumers feel is outdated and inequitable. Recent articles in such publications as Newsweek, The Wall Street Journal, and The Philadelphia Inquirer, affirms the general philosophy of CityService which is to reward consumers who buy or sell a home with more money in their pocket.

For more information on CityService or to contact an agent, please call 215. 822. 8720 or visit www.CityService.com.

 
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