Offline and online real estate company yourigloo.com said yesterday that it has expanded its service into the San Diego market.
Yourigloo, Boca Raton, FL, said last year that it would expand into 24 major markets, including Chicago, Atlanta and New Orleans, and promised to complete the process by the end of March.
The service is touted as a technology designed to save consumers money by letting them post residential real estate on a traditional multiple list service and a network of Web sites for a flat rate of $298. Customers would avoid the standard 3 percent broker listing fee commission, the company said.
“We really give it to them either way they’re most comfortable, and with the same results,” said yourigloo president Ron Gellert. “For a flat fee, they can list their house on the multiple listing service, where 80 percent of all home buyers who are represented by brokers find the property that they eventually buy.”