Sunday, April 24, 2011

Webdigs buys two online realty companies - Minneapolis / St. Paul Business Journal:

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Webdigs (OTCBB: WBDG) boughtf Iggys House and BuySide Realtgy for seven million shares of Webdigs stocko andabout $150,000, said Rob Buntz, Webdigs chairman and CEO. Webdigs, based in was trading at 75 centd pershare Tuesday, up 10 centx from market close Iggys House listed properties for sale, and BuySid Realty sold them. The two companied bring technologyworth $3 million to Webdigs, said “They have some pretty neat [technology] that we had plannedd to the develop in the future,” said Buntz, including a system called “Countown to Closing” that leads house buyerse and sellers step-by-step throughu the process of transferring ownership.
Joshua who had headed up brokerag for Iggys House andBuySide Realty, will join Webdigs as head of real estate brokeragw in the United States. Joe Fox, a co-foundere of Iggys House and BuySide Realty, will join board.

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