Many of the area Member Agents have joined HungryAgents.com®, a website where the Member Agents compete with each other by bidding for the real estate business of area buyers and sellers. They compete for sellers by bidding what total commission they will charge for selling your home plus what part of that they will pay the buyer's agent. They compete for buyers by bidding the amount of the buyer's agent commission they earn that they will give you at the closing.
In the Bay area, Member Agents on HungryAgents.com® are bidding an average of 4.29% total commission rate to sellers. That's the average, not the lowest bids plus it includes the buyer's agent commission rate. The average bid to buyers is 33.17% of the buyer's agent commission they earn to be given the buyer at closing. You can compare these bids fairly because they are all for full service. Our Member Agents are currently making an average of 9 bids to sellers and buyers in the Bay area.
The Bay Area when defined as a Combined Statistical Area, is the sixth largest in the country, with over 7.4 million people. It encompasses the metropolitan areas of San Francisco, Oakland and San Jose, as well as many other smaller, surrounding metropolitan areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma.
San Francisco is the financial center of the Bay Area, while San Jose is the center of Silicon Valley and the most populous city. Oakland is a major manufacturing and distribution center, rail terminus/hub, and has the fourth largest container shipping port in the United States.
San Francisco is generally placed in a category by itself in terms of culture and geography, and is known locally as "The City." San Francisco is surrounded by water on three sides; the north, east, and west. It is the cultural and urban center of the region. The city is the population center of the region, as it squeezes approximately 800,000 people in only 47 square miles, making it the second most densely populated major city in the United States after New York City.
The Bay Area may surpass most others in big league sports with two MLB teams, two NFL teams, one NHL team, one NBA team and six NCAA Division I teams. But these are not the only top notch competitors in the area.
Area demographic facts from Wikipedia, the free encyclopedia.
In the Bay area, on HungryAgents.com®, Member Agents are bidding an average of 4.29% total commission rate to sellers. The average bid to buyers is 33.17%. Our Member Agents are currently making an average of 9 bids to sellers and buyers in the Bay area.