Porch.com Enters Real Estate Space With Groundbreaking Home and Neighborhood Project History Reports Available on Realtor.com...
25 Março 2014 - 10:00AM
Porch (http://porch.com ), the home improvement network, and
realtor.com® (http://realtor.com), a leader in online real estate
operated by Move, Inc. (Nasdaq:MOVE), today announced the launch of
the Porch Home and Neighborhood Report, a free, innovative resource
for understanding the remodeling and project history of a specific
home and its neighborhood, to millions of prospective home buyers
searching for homes on realtor.com.
Built using data and insights from the Porch Home Improvement
Network of 1.5 million professionals and their 98 million projects,
the Porch Home & Neighborhood Report provides a new level of
insight and information that can be used to inform the home search
process. The report includes home improvement project history, the
cost and details of remodels and projects, background information
for professionals that have previously worked on the home and
neighborhood, and vital neighborhood statistics, such as how long
neighbors have lived in their homes and the size, age, and cost of
comparable neighborhood homes.
Realtor.com, the official site of the National Association of
REALTORS® (NAR) is first-to-market to provide access to the Porch
Home & Neighborhood Report, free of charge. This new remodel
and project history adds to the industry's most accurate, timely
and comprehensive listing information available to the marketplace
on realtor.com.
Available today on realtor.com, Porch Home & Neighborhood
Reports can include the following:
- Home & Project History: Home history from
the Porch database which can include the projects, costs, photos,
and professionals that worked on that home.
- Neighborhood Home Improvement Insights: A
summary of home improvement projects completed throughout the
neighborhood. The Porch Home & Neighborhood Report provides
details on various types of projects including median cost and
local professionals in order to help prospective home buyers learn
about what a project may cost and who they can hire.
- Neighborhood Stats: Insights into all
neighborhood homes so a home buyer can compare the home for sale to
others nearby. Insights include home values, size, age, percentage
of homes that are owner occupied, and the number of years neighbors
have lived in their homes.
"At Porch we want to help everyone love their home; whether that
means finding the right professionals to improve their existing
residence or finding the home of their dreams," said Matt
Ehrlichman, chief executive officer of Porch. "For millions of
people, the home is the biggest investment they will ever make. We
believe everyone should have easy and transparent access to data
and insights that matter most so they can make good, informed
decisions. Through this relationship, we have the opportunity to
use the power of the data in the Porch Home Improvement Network to
provide relevant insights to consumers who visit for-sale homes on
realtor.com."
With a Porch Home & Neighborhood Report, prospective
homebuyers have a completely new and never before available tool
for conducting a detailed, informed home search. The Porch Home
& Neighborhood Report puts real figures in place of
estimations, backed by data collected from city permitting
departments, materials suppliers and professional associations as
well as provided by professionals and their clients.
"We are delighted to be joining with Porch in delivering an
innovative new layer of real estate information for buyers and
sellers," said Steve Berkowitz, chief executive officer of Move.
"The Porch Home & Neighborhood Report adds tremendous insight
that a prospective buyer or seller can discuss with their Realtor
to help them make the best decision about the purchase or sale of
the home. It's another way to help consumers quickly
understand with confidence the various costs associated with a
home, which is especially critical in today's market with multiple
offers and homes moving very quickly."
About Porch.com
Porch is the home improvement network, free for homeowners and
professionals. With over 1.5 million professionals and over 90
million projects in their network, Porch enables consumers to make
smart home improvement decisions by connecting them with the right
professionals. Porch helps professionals grow their business and
succeed as homeowners look online for trusted professionals to
complete their projects and improve their homes. For more
information about Porch visit http://porch.com
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 desktop, mobile, or tablet versions, realtor.com® is where
home happens.
About Move, Inc.
Move, Inc. (Nasdaq:MOVE), the leader in online real estate,
operates: 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; Doorsteps®; TigerLead®
Top Producer® Systems and FiveStreet. Move, Inc. is based in
San Jose, California.
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 from 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.
CONTACT: PR Contact
Craig Cincotta of Porch.com Inc.,
+425-753-0156 craig@porch.com
Christie Farrell, Move, Inc.
+408-558-7715 christie.farrell@move.com
Press Assets: www.about.porch.com/press
Website: http://porch.com http://realtor.com
Twitter: @porchdotcom, @realtordotcom
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