The Leading Online Broker for City Real Estate Solidifies Growth Plans by Securing Capital and Adding Industry Leader Bret Violette to the Board of Directors

New York, NY – January 11, 2011 – CondoDomain continues to enhance its value for customers, build its executive team and expand operations. The company just closed a significant private investment round led by angels including several industry leaders including Bret Violet. The company is the leading national real estate broker focusing exclusively on the specific needs of city condominium, loft and townhouse homebuyers with a superior online experience, expert local agents and cash refunds to clients.

“This capital will allow us to grow our current markets, expand brokerage operations into the balance of the top-twenty U.S. cities and will enable us to ensure that our technology and employee infrastructure are up to the challenge” said President & COO Hoyt Morgan. “Bret’s addition to the team gives us an unbelievable resource as we make key business decisions.”

Bret Violette, winner of the Inman 2005 Innovator of the Year Award and elected to Inman’s 100 Most Influential Leaders (brokerage category) in 2007 & 2008, teams up with CondoDomain’s Founder and CEO, Anthony Longo, who was recently nominated for the 2010 Inman Innovator of the Year Award.

“I am excited to join Anthony, Hoyt and the CondoDomain team,” said Bret Violette. “This company has the technology, web presence and agent philosophy to dramatically change the city real estate landscape for the better – in fact they already are doing it. Our super-efficient business model means we can do more with less and the biggest winner here is our customer.”

As an executive consultant and member of the Board of Directors, Bret’s role will be expansive. His key focus will be assisting with the implementation of technology and methodology to enhance the customer experience, expanding the current agent recruiting, hiring and training programs, and solidifying the 100% in-house real estate agent experience. Prior to joining CondoDomain, Bret was most recently President of RealEstate.com where he started and grew the brokerage operation in 20 markets, to 1,500 agents and to over $30M in revenue, all in three years. He has also served as President of Weichert Lead Network and Weichert Rental Network, as well as CFO and VP of Business Development for YHD Foxtons.

CondoDomain is a premium real estate brokerage, offering best-in-class online and agent experiences. The team’s experience in premium real estate service, new model real estate and building great real estate brands and businesses will help continue the company’s aggressive growth and most importantly enhance the company’s commitment to the customer.

About CondoDomain.com

CondoDomain is a web-based real estate broker that focuses entirely on condominiums, lofts and townhouses in metropolitan markets. The company is one of the first to offer cash back to clients and the only one that does so AND focuses exclusively on urban markets across the U.S. CondoDomain websites and agents have helped hundreds of city homebuyers find the perfect home…and save money!

CondoDomain’s commitment to clients centers on three core principals:

1. We promise to deliver a best in class website, giving city homebuyers tools to access property information easily and transparently.
2. We combine the online world and offline world with our highly educated,professional and city-expert in-house real estate agents whose #1 priority is to provide fanatical customer service to our clients.
3. We offer a cash incentive to work with CondoDomain by refunding 20% of our commission to our clients.

CondoDomain. Smart Agents. Smarter Clients.

To learn more about CondoDomain, see how cash back can work for you and/or to meet an amazing real estate agent in your local city please visit:www.CondoDomain.com.

Putting this Whitepaper together was almost as exciting as engaging in the real estate brokerage community this year.  For all of you who have followed us through social media and our blogging efforts… and for all of you who have met us or become a client of ours: you all know we like to have fun along the way!

Well, while all of that fun that is publicly displayed, there is actually quite a bit of work that went on behind the scenes.  I believe that this CondoDomain Year 1 Review reveals our true colors.

What will you find in this report?

i. Transactional Data / Commission Refunds
ii. Negotiation Advantage
iii. Demographics
iv. Customer Satisfaction
v. Why CondoDomain
vi. 2009 Corporate Forecast

Heck, its short enough….check it out.

Like Redfin’s similar real estate annual reviews, Ill let the statistics do the talking.

Congratulations to all of our team members here at CondoDomain for an outstanding 2008 and congratulations to all of our new clients and friends of the firm.

2009 is set to be an even bigger year.

DOWNLOAD THE 2008 ANNUAL REPORT

The reason why I bring it up is because our powerhouse Boston agent, Thomas Cincotti is closing no a $2M condo this week.

The Commission – $50,000!!!

The Rebate – $43,000!!! (remember this is NON-TAXABLE TOO!!!)

This will be by far our largest rebate back to one of our buyers to date! We are excited to enter the next level in serving the luxury condominium dweller! (Believe me, we would even more excited if we got to keep the commission … but, its not our business model to do that.)

Tommy – great job, keep up the good work.

Buyers – Now serving clients from $200,000 to $2,000,000

Start your search today – Baltimore Condos For Sale

Technorati Profile

We have had lots of interest to bring our web-based commission refund model into Baltimore.  Very soon, when we open, condo buyers in the Baltimore marketplace are going to have the opportunity to search, tour, buy and SAVE when they buy their next Baltimore condo.

Forget full commissions..thats soon to be in the past.

Check back to see when CondoDomain Baltimore opens its doors!

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