Realtors(R) Reaffirm Commitment to realtor.com(R)
24 Julho 2013 - 7:28PM
Marketwired
The National Association of Realtors® Board of Directors today
reaffirmed NAR's commitment to making realtor.com® the first, best
online destination for home buyers and sellers. The board voted in
favor of recommendations to modify an existing operating agreement
that will help the site compete more effectively in an evolving
online marketplace.
"Over the years, Realtors® have invested a lot of time and
millions of dollars in building information technology to give
consumers online access to real estate information, and we know
that consumer demand for all things 'home' has never been greater,"
said NAR President Gary Thomas, broker-owner of Evergreen Realty in
Villa Park, Calif. "As the most trusted resources for real estate
information, Realtors® want realtor.com® to have the resources and
flexibility it needs to give consumers what they want while
ensuring that today's buyers and sellers can continue to rely on
Realtors® for the most accurate, credible market data. We think the
proposed changes achieve both goals."
The operating agreement is between NAR subsidiary Realtors®
Information Network and Move, Inc. subsidiary RealSelect, Inc. The
RIN board sought advice from NAR's BOD because any changes to
realtor.com could have a substantial impact on NAR's members. The
RIN board met immediately after the NAR BOD meeting, and approved
the final recommendations.
"When today's consumer is searching for their dream home, they
are utilizing more tools and information than ever before," said
realtor.com® President Errol Samuelson, Chief Strategy Officer for
Move, Inc. "Today's historic and collaborative recommendation from
the NAR board members empowers us to further expand and enrich the
consumer experience on www.realtor.com and its mobile applications
with greater breadth of content, and to do so with our continuing
commitment to the highest level of quality and accuracy for both
the real estate community and consumers."
The proposal recommended by NAR's BOD gives realtor.com® more
flexibility to identify listings from sources beyond those provided
by Realtors®. That includes additional new homes and rental
properties. At the same time, the site will reinforce the value of
using a Realtor® when buying, selling or investing in real estate,
and will give consumers tools to differentiate between Realtors®
and real estate agents who are not Realtors®.
"We want consumers to be able to envision their American dreams
of homeownership online and then make those dreams a reality in the
offline world," said Thomas. "Working together, realtor.com® and
Realtors® are making home happen."
Move is hosting their Q2 earnings call on August 1 at 2 p.m.
Pacific Daylight Time and will discuss the outcomes of the NAR
meeting in more detail on this call. To access the call, please
dial 866-652-5200, or outside the U.S. 412-317-6060, five minutes
before 2:00 p.m. Pacific Daylight Time. A live webcast of the call
will also be available at http://investor.move.com under the Events
& Presentations menu.
About NAR The National Association of
Realtors®, "The Voice for Real Estate," is America's largest trade
association, representing 1 million members involved in all aspects
of the residential and commercial real estate industries.
About realtor.com®
Operated by Move, Inc., (NASDAQ: MOVE), realtor.com® helps connect
people with the content, tools and expertise they need to find
their perfect home. As the official website of the National
Association of Realtors®, realtor.com® empowers consumers to make
the smartest decisions when it comes to finding a home by
leveraging direct connections with more than 800 MLSs to deliver
the most accurate and up-to-date listing information in
neighborhoods across the country, and by making timely and
meaningful connections between consumers and Realtors®. Whether
through it desktop, mobile, or tablet version, realtor.com® is
where home happens.
About Move, Inc. Move, Inc. (MOVE) 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; TigerLead®; and TOP PRODUCER® Systems. Move, Inc. is
based in San Jose, Calif.
Forward-Looking Statements 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.
Information about NAR is available at
www.realtor.org. This and
other news releases are posted in the "News, Blogs and Video" tab
on the website.
For further information contact: NAR Sara Wiskerchen Email
Contact 202-383-1013 realtor.com Alison Schwartz Email Contact
415-254-1355
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