As we prepare for the General Release of the redesigned Realtor.com and Move.com web sites we find the latest comScore numbers extremely encouraging
Los Angeles, Calif (PRWEB) July 31, 2008 -
Consumers searching online for real estate appear to like what they see and want more from Realtor.com, the #1 homes-for-sale Web site, and Move.com, according to June comScore data.(1) In fact, year over year page views for Realtor.com increased by 16 percent and they increased by four percent for the Move Network, which also captured 30 percent more traffic in June than any competitor in the real estate category.
The Move Network, including Realtor.com, remains the most trafficked network in real estate, a position the company has retained since inception in 1995, and visitor statistics remained strong in June. The Move Network captured between nine and ten percent of all Web site visits, page views and time-on-site in the real estate category in June(1). No other competitor came close to rivaling Realtor.com's lead in consumer engagement, as comScore reported that June visitors spent close to 3-times the amount of time-on-site versus the nearest competitor.(1)
"As we prepare for the General Release of the redesigned Realtor.com and Move.com web sites we find the latest comScore numbers extremely encouraging," said Lorna Borenstein, president of Move, Inc.
During the first quarter of 2008, Move announced the launch of the new Beta version of REALTOR.com®. The Beta includes vastly improved user interface design and a streamlined search process that makes it easier for consumers to view, scan and search the site. The Beta also introduces significant improvements to help real estate professionals differentiate themselves and their listings on REALTOR.com®.
As a public company and the category leader, the Move Network uses public, panel-based reporting services when stating traffic counts so they can be verified. Move supports the practice of public attribution of sources when quoting data from reports, polls, and surveys in order to offer the transparency and clarity real estate professionals and consumers need when searching for a trusted online source of information.
REALTOR.com®, where the world shops for real estate online, is operated by Move, Inc., (NASDAQ: MOVE) and is the official Web site of the National Association of REALTORS®. Ranked as the #1 homes-for-sale site, REALTOR.com® currently offers potential home buyers access to over four million property listings, as well as the most brokers and agents. It also provides REALTORS® and the home sellers they represent with the Internet's largest real estate marketplace, reaching more than 4.9 million consumers in June 2008(1). Agents and companies have the power to customize REALTOR.com® resources to maximize their brand and productivity.
REALTOR® and REALTOR.com® are registered trademarks of the NATIONAL ASSOCIATION OF REALTORS®. REALTOR® is a federally registered collective membership mark, which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. All other trademarks appearing above are the property of Move, Inc., or of their other respective owners
ABOUT MOVE, INC.
Move, Inc. (NASDAQ: MOVE) is the leader in online real estate with 7.4 million(1) monthly visitors to its online network of websites. Move, Inc. operates: Move.com®, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®, the official Web site of the National Association of REALTORS®; Welcome Wagon®; Moving.com; SeniorHousingNet™; and TOP PRODUCER® Systems. Move, Inc. is based in Westlake Village, California, and employs more than 1600 individuals throughout North America. For more information: http://www.move.com.
(1) comScore Media Metrix, June 2008
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.
REALTOR® and REALTOR.com® are registered trademarks of the NATIONAL ASSOCIATION OF REALTORS®. REALTOR® is a federally registered collective membership mark, which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. All other trademarks appearing above are the property of Move, Inc., or of their other respective owners.
Contact: Julie Reynolds / Move / 805.557.3080 julie.reynolds(AT)move.com