Minneapolis-based discount real estate brokerage Webdigs Inc. has racked up a $2.7 million net loss since it was founded in the spring of 2007, but still plans to seek up to $6 million to expand into additional markets, the company said in a regulatory filing.

Webdigs offers commission rebates of up to 50 percent to buyers and flat-fee MLS listings in the Minneapolis-St.Paul market for $3,000. The company’s Web site allows clients to schedule home visits, as well as make offers and monitor the offer and counteroffer process.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top