MORGANTOWN, W.Va., Nov. 11, 2015 /PRNewswire/ -- ListHub, the nation's leading provider of listing syndication services and performance marketing metrics, operated by News Corp [NASDAQ: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc., today announced new relationships with six prominent real estate brokerage firms to advertise real estate listings in the international marketplace through the ListHub Global Network. The firms include Berkshire Hathaway HomeServices Arizona Properties; Berkshire Hathaway HomeServices California Properties; Berkshire Hathaway HomeServices Nevada Properties; Compass; Engel & Volkers North America; and Valore Group Real Estate – a division of The Keyes Company.
Access to principal ListHub Global Network publishers including fang.com, the leading real estate website in China, and rightmove.uk, Great Britain's largest property website, is a leading driver for global-minded U.S. brokerage firms looking to reach more than 60 million buyers and investors around the world through their local real estate publisher of choice. The ListHub Global network spans 85-plus publishers in more than 55 countries with key coverage in Asia, Europe, and North America and South America.
"We continue to see an uptick in international home buying interest in U.S. properties, and increasing specialization in the global buying marketplace among U.S. brokerage firms representing stateside sellers," said Celeste Starchild, vice president and general manager of ListHub. "ListHub Global arms brokerages with the tools they need to help market clients' for-sale properties to international buyers through a single platform, while providing the security of ListHub's stringent protocols in data protection and control."
The international home buying market is estimated at $104 billion, up 13 percent year-over-year, according to the National Association of REALTORS® 2015 Profile of International Home Buying Activity. Arizona, California, Florida, and Texas continue to lead the nation in international sales, accounting for half of the total sales reported in 2015. The report also indicates a range of interest among international home buying activity, noting that foreign clients typically represent a higher price demographic, spending nearly $245,000 more than domestic buyers on existing U.S. homes, yet some 46 percent of international property sales are under $250,000.
"This alliance with ListHub Global offers an opportunity to further enhance our strong global presence and expand our listing exposure and brand awareness into new markets with a technology partner that understands our needs," said Anthony Hitt, CEO of Engel & Volkers North America. Engel & Volkers is one of the world's leading service companies specializing in the sale and rental of premium residential property, commercial real estate, yachts and private aviation, and the sole German company among the top 100 global franchises. Engel & Volkers represents 7,000 employees specializing in quality residential real estate in more than 670 offices in 37 countries.
New York-based Compass launched in 2013 and has recorded more than $1 billion in sales with another $2.5 billion in new development on the books. With offices in key New England markets, Miami, and most recently, Los Angeles, the firm is ideally positioned to expand its global presence. "Our relationship with the ListHub Global Network is a natural reflection of our shared commitment to best-in-class technology, unparalleled professional expertise and world-class service," said Robert Reffkin, founder and CEO of Compass. "This connection enables us to develop our international marketing strategy to make the selling process even more seamless, while enabling us to maintain our focus on our clients and on growing our business."
Valore Group Real Estate is a Palm Beach, Florida-based luxury office of The Keyes Company, the largest and oldest real estate firm in Florida, with roots tracing back to 1926. The family-owned company exceeds $3 billion in annual sales in South Florida, and is a founding member and shareholder of Leading Real Estate Companies of the World® and Luxury Portfolio International™, achieving over $272 billion per year in sales globally across their network.
Americana Holdings also recently announced new agreements with ListHub Global for its operations in Arizona, California and Nevada under the Berkshire Hathaway HomeServices brand. "It is a great technology reflective of our commitment to provide advanced marketing services to our clients," said Gordon Miles, president and COO of Americana Holdings. "This technology will further help our sales executives market their clients' homes for sale in the international marketplace, particularly in areas we know are favored by international investors and buyers."
The Global Network agreements cap a record year for ListHub, which in 2015 added 110 MLS agreements and more than 10,000 brokerage agreements to its U.S. real estate listing syndication and performance metrics operations, and now syndicates 90 percent of domestic listings. Today more than 60,000 brokers use ListHub's platform nationwide. ListHub now distributes content from close to 600 MLSs to more than 180 publishers, reaching homebuyers on more than 900 websites.
About Move, Inc.
Move, Inc. operates the realtor.com® website and mobile experiences, which provide buyers, sellers and renters of homes with the information, tools and professional expertise they need to discover and create their perfect home. News Corp [NASDAQ: NWS, NWSA; ASX: NWS, NWSLV] acquired Move in November 2014, and realtor.com® quickly established itself as the fastest growing online real estate service provider in the first half of 2015 as measured by comScore. Move's network of websites provides consumers a wealth of innovative tools, including Doorsteps®, Moving.com™, SeniorHousingNetSM and others. Move supports real estate professionals by providing many services to grow their businesses in an increasing digital, on-demand world, including ListHub™, the nation's leading listing syndicator and centralized intelligence platform for the real estate industry; TigerLead®; Top Producer® Systems FiveStreetSM and Reesio, as well as many free services.
This document contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive market and regulatory and other factors. More detailed information about these and other factors that could affect future results is contained in News Corp's filings with the Securities and Exchange Commission. The "forward-looking statements" included in this document are made only as of the date of this document and we do not have any obligation to publicly update any "forward-looking statements" to reflect subsequent events or circumstances, except as required by law.
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