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Sawbuck Realty Named Finalist for Inman Innovator Award

Online Broker Recognized for its Unique Technology and Business Model

WASHINGTON, DCJune 17, 2008 — Inman News announced that online real estate broker Sawbuck Realty (www.sawbuckrealty.com) has been chosen as a finalist for the prestigious Inman Innovator Award in the Brokerage category. The Inman Innovator Awards recognize companies that use technology and innovation to enhance the real estate transaction and experience for consumers and real estate professionals. Past winners include Coldwell Banker, Remax, Century 21 and Redfin.

"It's a great honor to be chosen by Inman, especially in just our first year" said Sawbuck co-founder Guy Wolcott. "This is tremendous validation of our consumer-friendly business model and we could not be more excited."

Unique among online real estate companies, Sawbuck combines sophisticated home search technology with access to the best local buyer's agents, while also offering tremendous savings. Buyers save over $4,500 at closing plus hundreds of dollars a year with Sawbuck's below-market mortgage and "no fee" settlement. Since its launch on January 30th, consumers have flocked to Sawbuck's website, viewing over 1,000,000 listings and producing dozens of contracts and closings.

Currently live in Washington DC, Sawbuck plans to bring its unique offering to several new markets in the coming months, including Baltimore, Philadelphia and Chicago.

The winners of The Inman Innovator Awards will be announced July 25th in San Francisco at Inman's annual Real Estate Connect conference. Sawbuck's Guy Wolcott will be a speaker at the conference, participating in a session entitled "Building a Brokerage Brand in a Web 2.0 World."

About Sawbuck Realty

Sawbuck Realty (www.sawbuckrealty.com) is a web-based real estate broker headquartered in Washington, DC. Sawbuck's unique business model: 1) empowers buyers with the best search tools, technology and information; 2) connects buyers with the very best local agents; 3) gives buyers a below-market mortgage with no closing costs; and 4) negotiates the lowest possible settlement costs for buyers. Sawbuck and its network of real estate agent partners currently serve the Maryland, Virginia and Washington, DC markets.

About Inman News

Inman News (www.inman.com) is the nation's leading independent real estate news service. The company's content is syndicated on more than 150,000 web sites and in more than 200 newspapers, including The Los Angeles Times, Washington Post, San Francisco Chronicle, Chicago Tribune, Yahoo!, The Wall Street Journal Online, and many more.

 

Press Contact

Steve Cook
scook [at] sawbuckrealty [dot] com
Direct: (202) 257-3652

 
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