Reinforcing its ongoing commitment to provide the ultimate online real
estate experience for consumers and to deliver the widest possible exposure for
broker listings, Homestore.com, Inc. (Nasdaq:
HOMS), the Internet’s leading home and real estate network, and domania.com, a leading Internet research center for
residential real estate, today announced a multi-year alliance. domania.com
will provide comparable home sales information to the more than 1.4 million
homes-for-sale listings on Realtor.com®, the official Internet site of the
National Association of Realtors®.
The integration is significant, the companies said, because it creates the
strongest Internet destination providing two of the most important online
research points for consumers: real estate listings and comparable home sales
data. Adding comparable data to the suite of tools on Realtor.com®, and thus
delivering additional informed consumers to real estate professionals, is part
of Homestore.com’s strategy to increase the quality of Realtor® leads. Leads
generated by the comparable data will be delivered at no cost to agents and
brokers. The new feature allows Realtor.com®, committed to keeping the Realtor®
in the center of the real estate transaction, to strengthen its competitive
position in the marketplace on behalf of the industry. The basic comparable
market data can be augmented by the in-depth Competitive Market Analysis
performed by real estate professionals.
Published: October 13, 2000
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