In under two years, Real Times has become the leading Internet real estate news service for consumers and real estate professionals, building a strong following and distribution network. Due to the evolution of the site and a change in ownership, Real Times is changing its name to Realty Times.

The site debuted 19 months ago with the introduction of Agent News. As the service grew in popularity, it was redeveloped as Real Times in a strategic partnership with RealSelect, operator of Realtor.com and Homebuilder.com. It quickly became the news service of choice for the real estate sections of most major portals. Just recently Realty Times has greatly increased its exposure on Lycos, Go.com, and BellSouth and is also found in the real estate sections of Yahoo, Netscape and Excite, among others. Currently, over 800 web sites carry Realty Times news.

Recently the partnership between RealSelect and Jody Lane, Realty Times' publisher, was ended by mutual agreement. As a result, Lane gained full ownership of Realty Times. Lane says that the close relationship between Realty Times and RealSelect will continue, and the news service will still be found on Realtor.com.

"The new name, Realty Times, will not only reflect this new era of ownership, it will better reflect the evolution and nature of the news service, " says Lane. "Realty Times is the most comprehensive real estate news service on the Internet, with daily news, original features, investigative reporting, columns and services provided for consumers, agents, commercial brokers, and any industry professional with an interest in the real estate transaction."

The RealTimes.com address will remain active and will direct visitors to the new address at RealtyTimes.com. Realty Times will work with its customers and partners over the next several weeks to complete the transition.

Published: May 13, 1999

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