пятница, 2 марта 2012 г.

NAR's eProperty Data Powers New Commercial and Investment Search Capability on Realtor.com

To: REAL ESTATE EDITORS

Contact: Iverson Moore, +1-202-383-1290, imoore@realtors.org, orBarbara Hamlin, +1-312-329-8464, bhamlin@realtors.org, both ofNational Association of Realtors

WASHINGTON, Sept. 10 /PRNewswire-USNewswire/ -- The NationalAssociation of Realtors(R) and Move Inc. have completed an agreementunder which Move Inc. will provide commercial and investment realestate information on behalf of NAR's commercial members throughMove Inc.'s network.

The new initiative will drive traffic to NAR's commercial realestate marketplace, www.CommercialSource.com, increasing exposure tomany of the nation's local commercial information exchanges, whichare affiliated with the Realtors(R)' Commercial Alliance, NAR'scommercial division. The agreement will provide unprecedented accessto commercial property listings to both consumers and investors; thelistings will be displayed on Move's flagship site REALTOR.com.

When the new venture is fully operational, visitors will haveeasy online access to commercial real estate searches on Move Inc.'sInternet assets, including REALTOR.com and Move.com. The agreementwill give commercial practitioners national exposure for all theirsale and lease listings and provide the commercial real estateindustry with a means to search for properties across the country.

Seattle-based eProperty Data will provide a data feed to MoveInc. for this new search capability. eProperty Data was recentlyacquired by NAR's new for-profit subsidiary, Second Century VenturesLLC. For the past five years, eProperty Data has provided technologyto commercial information exchanges in the commercial real estateindustry.

"Realtors(R) are industry innovators, and this new agreement willgive commercial real estate investors access to the mostcomprehensive collection of listing information," said NAR PresidentRichard Gaylord, a broker with RE/MAX Real Estate Specialists, LongBeach, Calif. "Ultimately, people who are interested in commercialand investment properties will be able to connect with the listingbrokers for such properties through their local commercialinformation exchange."

"This new agreement will enable NAR and its commercial realestate division to greatly expand delivery of commercial real estateinformation," said Bob Goldberg, NAR senior vice president ofmarketing, business development, and commercial services. "Move Inc.is already operating the premier real estate Web site, and this newarrangement 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 forhome listing information on the Internet.

"We're pleased to deliver national exposure of commercialinvestment opportunities to our more than 6 million monthly sitevisitors, further increasing the value of REALTOR.com for bothconsumers and advertiser," said REALTOR.com President ErrolSamuelson. "Through our strong partnership with NAR, this newestoffering will open up and expand access to an arena that hashistorically been complex or even inaccessible for many potentialinvestors."

More than 82,000 NAR members are engaged in commercial realestate services; 60,000 of those members are engaged full-time inprimarily commercial practice. Information about NAR's commercialreal estate division is available at www.realtor.org/commercial.

REALTOR.com(R), where the world shops for real estate online, isoperated by Move Inc. (NASDAQ: MOVE), and is the official consumerWeb site of NAR. Ranked as the No. 1 homes-for-sale site,REALTOR.com(R) currently offers potential buyers access to more than4 million property listings, as well as the most brokers and agents.It also provides Realtors(R) and the home sellers they representwith the largest real estate marketplace on the Internet, reachingmore than 6.3 million consumers in July 2008. Agents and companieshave the power to customize REALTOR.com(R) resources to maximizetheir brand and productivity.

Move Inc. is the leader in online real estate with 8.7 millionmonthly visitors to its network of Web sites. Move Inc. operatesMove.com, a leading destination for information on new homes andrental listings, moving, home and garden and home finance;REALTOR.com(R); the official SeniorHousingNet(TM); and TOPPRODUCER(R) Systems. Move Inc. employs more than 1,600 personsthroughout North America. Information about Move Inc. is availableat www.move.com.

The National Association of Realtors(R), "The Voice for RealEstate," is America's largest trade association, representing 1.2million members involved in all aspects of the residential andcommercial real estate industries.

Information about NAR is available atwww.realtor.org. This andother news releases are posted on the Web sites "News media" sectionin theNARMediaCenter.

REALTOR(R) is a registered collective membership mark which maybe used only by real estate professionals who are members of theNATIONAL ASSOCIATION OF REALTORS(R) and subscribe to its strict Codeof Ethics. Not all real estate agents are REALTORS(R). AllREALTORS(R) are members of NAR.

SOURCE National Association of Realtors

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