The population of the Richmond Metropolitan area is estimated to be 1,212,977 which makes it the trird largest in Virginia. The city is home to both the United States Court of Appeals for the Fourth Circuit, one of 13 United States courts of appeals, and the Federal Reserve Bank of Richmond, one of 12 Federal Reserve Banks. There are nine Fortune 500 and 13 Fortune 1000 companies headquartered in the city. Tourism is also important, as many historic sights are in or nearby the city.
As the former Capital of the Confederate States of America, Richmond is home to many museums and battlefields of the American Civil War. The Richmond area has many major institutions of higher education both public and private. Richmond is rich in culture with a significant art community including many museums and art galleries and the Richmond Ballet, the Richmond Symphony and the Virginia Opera.
Three minor league teams call the city home and the University of Richmond and Virginia Commonwealth University's collegiate athletic teams compete at the Division I level.
All of this energy and competition has caught on in the Real Estate Industry. Many of the Richmond area REALTORS® have joined HungryAgents.com as Member REALTORS® so that they can bid for your real estate business.
They compete by bidding for your business. If you are a seller, they bid the total commission rate they will charge for selling your home and what rate they will pay the buyer's agent. If you are a buyer, they bid what amount of the buyer's agent commission they earn they will give to you at closing. These bids are for full service so you can really compare them.
In the Richmond area the average of commission rate bids to sellers is currently 4.56% while the average percentage of the buyer's agent commission earned they will give to the buyer is 39.12%. These are averages, not the lowest bids. And, on average, each buyer and seller receives 5 bids.
Area demographic facts from Wikipedia, the free encyclopedia.
In the Richmond area the average of commission rate bids to sellers is currently 4.56% while the average percentage of the buyer's agent commission earned they will give to the buyer is 39.12%. And, on average, each buyer and seller receives five bids.