Homegain.com Marks Five-Year Anniversary

Emeryville-based Company Survives Internet Downturn to Become Nations No. 1 Online Real Estate Information Resource

Emeryville, CA (PRWEB) May 31, 2004 -- HomeGain employees, investors and customers gathered at the companys Emeryville headquarters to mark the companys fifth anniversary and to celebrate the first full year of profitability (2003), a first quarter 2004 in which performance doubled managements goals, and its status as the nations No. 1 online real estate information resource. What in 1999 was a start-up with 12 employees now has more than 80 staff. That number is expected to increase to 100 employees by the end of 2004.

HomeGain is a success today because we deliver online services that truly meet the needs of millions of American. We provide information that helps them make faster, better and smarter decisions that save time and money when they sell or buy a home," said HomeGain Founder and CEO Bradley Inman. Our business model has always been to deliver information to consumers and provide access to a qualified REALTORÒ who can assist them with what is, for most Americans, one of the most important decisions they make in their lifetime".

Since its inception, HomeGain has generated more than 1.5 million consumer leads for the 70,500 agents representing more than 3,200 nationally, regionally and independently branded brokerages. Each month, homegain.com attracts more than 3 million unique visitors. Consumers are driven to homegain.com through partnerships with more than 300 of the Internets top consumer websites and portals, including Yahoo!, E*Trade, CNN, FoxNews, LookSmart, Quicken, MSN, Lycos and Google, to name a few.

The company also is a success, Inman said, because its investors allowed HomeGain to work through the fits and starts that caused some companies to stumble and fail.

Back in 1999, people had some pretty outlandish expectations and there were a lot of investors who didnt give online entrepreneurs a long enough runway to succeed," Inman said. We were fortunate enough to have investors who stood behind us from the beginning and never wavered in their support, as well as a great team of employees who stuck with us through thick and thin and understood the importance of controlling our costs during the early years."

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HomeGain.com, Inc., is the largest provider of customized services to consumers using the Internet to sell or buy a home. Its Agent Evaluator feature is the only personalized referral service that matches consumers with the best local real estate agent from a nationwide network of more than 52,000 real estate professionals. Users can also access a full range of home buying and selling tools, services and content to research home listings, value a property, prepare a home for sale, secure a loan, arrange a move, or make home improvements. More than 2.4 million consumers have registered at the HomeGain Web site www.homegain.com since its inception in 1999. HomeGain is a licensed real estate broker. State license information is available at http://homegain.com/broker