RealEstate.com Creates Agent Advisory Council

CHARLOTTE, N.C., Nov. 30, 2010 /PRNewswire/ -- RealEstate.com, a division of Tree.com (Nasdaq: TREE), today announced the creation of an Agent Advisory Council. Utilizing the expertise of top agents nationwide,  the council will serve as a forum  for agents to provide input and guidance to address ever-evolving  needs, implement strategies, and help shape the future growth of RealEstate.com.

The committee will consist of three RealEstate.com executives, one LendingTree Loans representative and six nationwide RealEstate.com agents including:

• Kim Camaratta – California region
• Olivier Louis – New Jersey region
• Tammy Petrillo – Capital region
• Kymberli Saragaglia – Chicago region
• Pam Sproul – Tucson region
• Zach Zeek – Portland region

Meetings will be held on a quarterly basis and will serve as a platform for agents to discuss industry challenges and opportunities. Agents will provide first-hand knowledge of the issues they're facing in the field, enabling RealEstate.com to address needs in a timely manner.

"We created this council in an effort to better understand our agents' needs, allowing us to design products and services to help them better service clients, ultimately making them more successful," said Steve Ozonian, CEO of RealEstate.com. "This committee is an extension of our new company model, intended to provide agents and brokers with lower costs and greater flexibility.  Our agents are both our customers and vital RealEstate.com team members and it's essential to our collective success that we maintain an open dialogue."

"The creation of this board is just another example of how RealEsate.com truly values its agents," said Pam Sproul, RealEstate.com agent representing Tucson, AZ. "RealEstate.com has always put us first, ensuring we have the tools we need to be successful in the field. This new council will enable us to voice the challenges and opportunities we're facing, quickly address market changes, and as a result, better serve our customers."

About Tree.com, Inc.

Tree.com, Inc. (Nasdaq: TREE) is the parent of several brands and businesses that provide information, tools, advice, products and services for critical transactions in our customers' lives.  Our family of brands includes: LendingTree.com®, GetSmart.com®, RealEstate.com®, DegreeTree.com, HealthTree.com, LendingTreeAutos.com, DoneRight.com, and InsuranceTree.com.  Together, these brands serve as an ally for consumers who are looking to comparison shop for loans, real estate and other services from multiple businesses and professionals who will compete for their business. Tree.com, Inc. is the parent company of wholly owned operating subsidiaries:  LendingTree, LLC and Home Loan Center, Inc. Tree.com, Inc. is headquartered in Charlotte, N.C. and maintains operations solely in the United States. For more information, please visit www.tree.com.

About RealEstate.com

RealEstate.com gives consumers a better way to buy or sell homes through a comprehensive suite of real estate services, tools and helpful advice. The site provides access to more than two million homes for sale, 97 million home values and a unique deep-dive view into more than 22,000 cities reaching every metropolitan area in the U.S. The company also operates five distinct business lines including RealEstate.com, REALTORS®, an Internet-enabled real estate brokerage that operates in 20 markets with more than 800 sales agents; a Broker Network, a strategic lead generation program for real estate brokers that provides them with incremental, targeted, and high-quality leads; iNest, a lead generator that specializes in newly-constructed homes and offers consumers an exclusive cash bonus program; Domania, a provider of innovative customer acquisition and retention products for banks, mortgage lenders and REALTORS®; and also, a network of geo-targeted advertising opportunities throughout the RealEstate.com portal. RealEstate.com is a division of Tree.com, Inc. (Nasdaq: TREE).

SOURCE RealEstate.com