Miami, FL (May 2, 2011) – The world's largest real estate marketplaces, Houses.com and Condo.com, today announced that Builders Digital Experience (BDX) would become a preferred provider of new home listings for the sites. BDX is a leading provider of digital marketing resources for new home builders and operators of the number one new home website*, NewHomeSource.com.
BDX will provide Houses.com and Condo.com with new construction home listings from leading homebuilders in over 300 real estate markets across the country. The properties from NewHomeSource.com are a combination of planned communities and individual home sites totaling over 70,000 new home listings in various stages of development. Visitors to both sites will be able to search using a New Construction filter and find new home listings in the planning stages or in move-in ready condition. Builders listing their homes on NewHomeSource.com will have their communities included on Houses.com and Condo.com at no additional charge.
"The additional inventory is ideal for the rapidly growing global audience on Houses.com and our goal of providing users with the biggest selection of real estate listing worldwide for sale or for rent", stated Houses.com and Condo.com Chief Operating Officer Matthew Pluznick.
"We are excited to bring our new construction listings to these two leading websites. Reaching the Houses.com and Condo.com audiences adds value for our builders by increasing the exposure for their new homes and communities," stated Tim Costello, CEO for BDX. "Adding these new sites to our distribution network of over 300 partner sites is an important development for our members. Builders can rest assured that when they list their homes with BDX, they've got the Internet covered," added Costello.
Since the website's launch last month, Houses.com has added thousands of listings through collaborating with a variety industry pioneers including BDX and their flagship site NewHomeSource.com. The Houses.com agreement with BDX is another step towards meeting the Company's objective of creating a transparent global marketplace for houses and now provides visitors with the ability to search for new construction properties.
Condo.com is the world's largest condominium marketplace with over 2 million property listings valued in excess of $500 billion. The site receives over 1 million visitors monthly and is dedicated to the evolution and prosperity of the condominium real estate market.
The alliance allows BDX to provide another distribution outlet for builders interested in reaching new
home shoppers, and is part of a larger BDX effort designed to help builders "List Once and Be Everywhere". In addition to hundreds of partner sites, the BDX network includes NewHomeSource and Move New Homes, the number one and number two new home websites*. Collectively, the BDX network reaches over 40 million potential new home buyers each month*.
"We are excited about bringing BDX builder's homes to our marketplaces…it's a win-win for both companies", added Richard Swerdlow – CEO of Condo.com and Houses.com.
About Houses.com and Condo.com
Houses.com and Condo.com are the world's largest marketplaces for houses and condominiums. The sites showcase over 3 million properties for sale, rent and vacation in the United States and 70+ countries around the world. The sites receive a combined 1.5 million+ visitors per month and cost-effectively delivers exposure and qualified leads to developers, brokers and homeowners through the seamless distribution of its listings to a global network of real estate sites. In addition to property for sale and rent, users have access to a wide variety of real estate- related products and services including mortgages, credit repair, home improvement, moving and more. The Company is privately held and headquartered in Miami, Florida. For more information, please visit House.com (www.houses.com) and Condo.com (www.condo.com).
About Builders Digital Experience
Builder's Digital Experience LLC (BDX) from Builder Homesite, Inc. and Move, Inc. (NASDAQ:MOVE), the leader in online real estate, was founded in October 2009 to combine the industry's leading new home resources under one roof and offer builders innovative online marketing options, streamlined customer service and support, and greater value. BDX includes the top two new home websites, NewHomeSource.com from Builder Homesite and Move New Homes. Additional services include video production, rich media rendering, mobile search, custom website production, connections to real estate professionals, and more. Together these online and interactive resources help builders create a true digital experience for their buyers. For more information, visit http://www.thebdx.com.
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.
* comScore