Iggys House, Inc.Chicago, IL, United States (NASDAQ (CM): IGGY Proposed)

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Iggys House Company Description

Iggys House offers its hospitality to both home buyers and sellers. The online real estate company enables buyers to search a database of more than 600,000 listings, as well as schedule home visits and make offers and counteroffers using the Internet. Founded in 2005, Iggys House provides free listings for sellers in all 50 states; the company also offers another incentive to customers -- buyers receive about three-quarters of the commission from the seller (averaging $11,000). Iggys House can afford this bonus with an average transaction of more than $550,000. Iggys House provides its listing service for single family homes, condos, and town homes for 20 states.

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The Company Description provides a historical perspective of Iggys House's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Iggys House's evolution in the marketplace.

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