CAMPBELL, Calif., May 14, 2012 /PRNewswire/ -- Realtor.com
operator, Move, Inc. (NASDAQ: MOVE), the leader in online real
estate, and RealBizMedia, the leading provider of rich media
content delivery for the real estate industry, today announced an
agreement to launch the Realtor.com Channel powered by the Home
Tour Network, part of the RealBizMedia's group.
The new Realtor.com Channel will launch in the second half of
2012 and bring millions of property listings into 55 million U.S.
homes starting with the Cox cable network. In doing so,
Realtor.com will be the first company to deliver a real estate
search experience on the three screens consumers use most:
computer, mobile and TV. Executives are discussing plans to
expand the channel into other networks.
"Realtor.com is continually improving the real estate search
experience with emerging technologies to make it easier for
millions of people to connect with real estate professionals
ready to help them find the home that's right for their family,"
said Steve Berkowitz, Move's chief
executive officer. "With 'for-sale' inventories down across the
nation, having convenient, fast and fun search options, along with
the partnership of a professional agent, is important. When the
Realtor.com Channel has launched, regardless of where you are or
what you're doing, Realtor.com will be with you."
The Realtor.com Channel will be a powerful way for real estate
agents to reach home buyers on a highly geo-targeted level. Based
on location, property listings on the Realtor.com Channel will be
displayed by price range delivered by the Home Tour Network and
include high quality photo-based videos and descriptions provided
by agents. With just a few clicks of the remote, viewers can
instantly connect with agents for information.
"We're excited to be teaming up with Realtor.com on this new
venture that will help millions of people find what we hope becomes
their piece of the American Dream – a home," said Steve Marques, CEO of RealBizMedia. "Our
experience in launching our propriety video platform positions
RealBizMedia to leverage both organizations' assets and provide
home buyers and folks simply interested in checking out the local
market with a new way to discover real estate and connect with real
estate experts across the country."
Only Realtor.com listings – the freshest and most accurate
collection of real estate listings available - will appear on the
new Realtor.com Channel. All listings on Realtor.com are sent to
the site directly from more than 850 MLSs across the nation.
Approximately 85 percent of the listings on Realtor.com are updated
every 15 minutes by the MLSs with the remainder updated every one
to 24 hours.
Today's VOD platform makes it possible for millions of potential
buyers who subscribe to cable television to discover for-sale
listings as part of their entertainment viewing experience. With
the rapid adoption of technologies that enable seamless navigation
between TV to internet content, Realtor.com is now positioned to
create even richer experiences and more opportunities for
consumers, agents and advertisers to connect conveniently and on
demand.
An exclusive media program will soon be developed for general
advertisers interested in reaching millions of cable subscribers
across the nation through the Realtor.com Channel. The
financial terms of the agreement were not disclosed.
ABOUT MOVE, INC.
Move, Inc. (NASDAQ:MOVE) is the leader in online real estate and
operator of REALTOR.com®, the official website of the National
Association of REALTORS®; Move.com, a leading destination for new
homes and rental listings, moving, home and garden, and home
finance; ListHub, the leading syndicator of real estate listings;
Moving.com; SeniorHousingNet; SocialBios; and TOP PRODUCER Systems.
Move, Inc. is based in Campbell,
California.
ABOUT REALBIZMEDIA
RealBizMedia formerly known as RealBiz360 is the leading
provider of rich media and image content delivery for the real
estate industry. RealbizMedia is focused on providing both
integrated and interactive solutions for the seamless creation of
High Resolution Media tours and videos for web, wireless, and with
its minority interest partner Next One Interactive, television
distribution.
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.
SOURCE Move, Inc.