MOVE Movano Inc

WASHINGTON, Sept. 10 /PRNewswire-USNewswire/ -- The National Association of Realtors(R) and Move Inc. have completed an agreement under which Move Inc. will provide commercial and investment real estate information on behalf of NAR's commercial members through Move Inc.'s network. The new initiative will drive traffic to NAR's commercial real estate marketplace, http://www.commercialsource.com/, increasing exposure to many of the nation's local commercial information exchanges, which are affiliated with the Realtors(R)' Commercial Alliance, NAR's commercial division. The agreement will provide unprecedented access to commercial property listings to both consumers and investors; the listings will be displayed on Move's flagship site REALTOR.com. When the new venture is fully operational, visitors will have easy online access to commercial real estate searches on Move Inc.'s Internet assets, including REALTOR.com and Move.com. The agreement will give commercial practitioners national exposure for all their sale and lease listings and provide the commercial real estate industry with a means to search for properties across the country. Seattle-based eProperty Data will provide a data feed to Move Inc. for this new search capability. eProperty Data was recently acquired by NAR's new for-profit subsidiary, Second Century Ventures LLC. For the past five years, eProperty Data has provided technology to commercial information exchanges in the commercial real estate industry. "Realtors(R) are industry innovators, and this new agreement will give commercial real estate investors access to the most comprehensive collection of listing information," said NAR President Richard Gaylord, a broker with RE/MAX Real Estate Specialists, Long Beach, Calif. "Ultimately, people who are interested in commercial and investment properties will be able to connect with the listing brokers for such properties through their local commercial information exchange." "This new agreement will enable NAR and its commercial real estate division to greatly expand delivery of commercial real estate information," said Bob Goldberg, NAR senior vice president of marketing, business development, and commercial services. "Move Inc. is already operating the premier real estate Web site, and this new arrangement will further broaden and enhance that site." Move Inc., of Westlake Village, Calif., maintains NAR's consumer-oriented property Web site, REALTOR.com, the pre-eminent source for home listing information on the Internet. "We're pleased to deliver national exposure of commercial investment opportunities to our more than 6 million monthly site visitors, further increasing the value of REALTOR.com for both consumers and advertiser," said REALTOR.com President Errol Samuelson. "Through our strong partnership with NAR, this newest offering will open up and expand access to an arena that has historically been complex or even inaccessible for many potential investors." More than 82,000 NAR members are engaged in commercial real estate services; 60,000 of those members are engaged full-time in primarily commercial practice. Information about NAR's commercial real estate division is available at http://www.realtor.org/commercial. REALTOR.com(R), where the world shops for real estate online, is operated by Move Inc. (NASDAQ:MOVE), and is the official consumer Web site of NAR. Ranked as the No. 1 homes-for-sale site, REALTOR.com(R) currently offers potential buyers access to more than 4 million property listings, as well as the most brokers and agents. It also provides Realtors(R) and the home sellers they represent with the largest real estate marketplace on the Internet, reaching more than 6.3 million consumers in July 2008. Agents and companies have the power to customize REALTOR.com(R) resources to maximize their brand and productivity. Move Inc. is the leader in online real estate with 8.7 million monthly visitors to its network of Web sites. Move Inc. operates Move.com, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com(R); the official SeniorHousingNet(TM); and TOP PRODUCER(R) Systems. Move Inc. employs more than 1,600 persons throughout North America. Information about Move Inc. is available at http://www.move.com/. The National Association of Realtors(R), "The Voice for Real Estate," is America's largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries. Information about NAR is available at http://www.realtor.org/. This and other news releases are posted on the Web site's "News media" section in the NAR Media Center. REALTOR(R) is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS(R) and subscribe to its strict Code of Ethics. Not all real estate agents are REALTORS(R). All REALTORS(R) are members of NAR. DATASOURCE: National Association of Realtors CONTACT: Iverson Moore, +1-202-383-1290, , or Barbara Hamlin, +1-312-329-8464, , both of National Association of Realtors Web Site: http://www.commercialsource.com/ http://www.realtor.org/

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