House Hunters Stay Ahead in Real Estate with Industry's Most up-to-the Minute Listing Information
30 Julho 2007 - 10:03AM
Business Wire
While purchasing a home is an exciting milestone, it�s also a major
investment requiring relevant, accurate and comprehensive
information. REALTOR.com, the nation's most comprehensive real
estate network, today announces it has begun updating property
listings every 15 minutes, more often than any other real estate
search website. By increasing MLS listing updates from once-a-day
to every 15 minutes in participating metro areas, REALTOR.com now
offers house hunters up-to-the minute comprehensive data on new
listings, price changes and important property details to help them
make better decisions on prospective homes. "Nothing�s more
frustrating than going online to research properties and finding
you�re basing a decision on old or out-of-date information," says
REALTOR.com President Errol Samuelson. "With 15-minute MLS updates,
consumers now have access to comprehensive information on listings
in as close to real time as possible. This means a seller�s home
will be visible to potential buyers faster and buyers will be able
to find new homes or price reductions faster." While many real
estate web sites update listings once a day or less frequently,
REALTOR.com began updating listings up to four times per hour so
consumer searches yield the most accurate results in the industry.
This means the 5.3 million monthly consumers on REALTOR.com will
have the edge because they will have early access to new listings,
price changes, expanded descriptions and new photos. "We know
buying a home is one of the biggest investments most people make,"
says Samuelson. "By delivering the freshest and most comprehensive
data possible, REALTOR.com is providing consumers with the
information they need to make better decisions." REALTOR.com is
currently updating listings from nearly half of the 900 MLS systems
across the US multiple times per day. The company hopes to increase
the number of properties being updated in 15 minute increments from
more than 500,000 every 15 minutes today to more than a million
later this year. When searching for a home, most consumers sort by
price range and property features. With the freshest data in the
industry, REALTOR.com provides consumers with the full range of
listed properties falling within their search criteria, including
homes with added property details or price changes announced within
the last 15 minutes. �We�re very excited and eager to give house
hunters the freshest and most accurate data possible,� Samuelson
says. �We know stale or old information can lead to missed
opportunities and poor decisions. In working with our MLS partners
to deliver 15 minute updates, the consumer can be confident that
REALTOR.com is the industry�s most trusted information source.�
Some of the major metro areas that REALTOR.com is pulling data from
in 15 minute increments include Washington DC and Baltimore,
Atlanta, Orange County, Boston, Memphis, Las Vegas, Ft. Myers,
Cincinnati, Northern Michigan, North San Francisco Bay area and the
Silicon Valley, and San Jose. ABOUT REALTOR.COM� Realtor.com�,
"Where the world shops for real estate online", is operated by
Move, Inc., and is the official Web site of the National
Association of REALTORS�. Ranked as the No. 1 homes-for-sale site,
REALTOR.com� currently offers potential home buyers access to over
four million property listings as well as the most brokers and
agents to contact. The site also provides REALTORS� and the home
sellers they represent with the Internet's largest real estate
marketplace, reaching more than 5.3 million consumers in June
2007[1]. Agents and companies have the power to customize the
resources of the REALTOR.com� Web site to maximize their brand and
productivity. The REALTOR.com� Web site (www.realtor.com) is
operated by Move, Inc. (NASDAQ:MOVE). REALTOR� and REALTOR.com� are
registered trademarks of the NATIONAL ASSOCIATION OF REALTORS�.
REALTOR� is a federally registered collective membership mark,
which identifies a real estate professional who is a Member of the
NATIONAL ASSOCIATION OF REALTORS� and subscribes to its strict Code
of Ethics. This press release may contain forward-looking
statements, including information about management�s view of Move�s
future expectations, plans and prospects, within the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. These statements involve known and unknown risks,
uncertainties and other factors which may cause the results of
Move, its subsidiaries, divisions and concepts to be materially
different than those expressed or implied in such statements. These
risk factors and others are included from time to time in documents
Move files with the Securities and Exchange Commission, including
but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other
unknown or unpredictable factors also could have material adverse
effects on Move�s future results. The forward-looking statements
included in this press release are made only as of the date hereof.
Move cannot guarantee future results, levels of activity,
performance or achievements. Accordingly, you should not place
undue reliance on these forward-looking statements. Finally, Move
expressly disclaims any intent or obligation to update any
forward-looking statements to reflect subsequent events or
circumstances. [1] comScore Media Metrix, June 2007
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