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Realtor.com® Amplifies Power of iOS Real Estate Search App

250 Million iOS Mobile Users(1) Can Now Discover Price Reduced, Foreclosure, and Recently Sold Properties on Realtor.com® Using Their iPad, iPhone, iPod touch Devices


News provided by

Realtor.com

Feb 22, 2012, 06:00 ET

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CAMPBELL, Calif., Feb. 22, 2012 /PRNewswire/ -- Realtor.com is making it easier and faster for iPad, iPhone and iPod touch users to discover and research price reduced, foreclosed, and recently sold properties with the updated Realtor.com iOS real estate search app.  Announced today by Realtor.com operator Move, Inc., (NASDAQ: MOVE), the updated Realtor.com iOS app helps today's mobile audience tap into final sale prices of recently sold properties, available foreclosures, and price reductions.

The official Realtor.com iOS real estate search app is compatible with all 4.0 or higher iOS mobile devices and can be downloaded at http://itunes.apple.com/us/app/real-estate-search/id336698281?mt=8 or by visiting http://www.realtor.com/mobile.

Miami Realtor Ines Hegedus-Garcia of Majestic Properties said, "The new Realtor.com mobile app is definitely a step forward for the consumer.  The updated application is more robust and more intuitive.  There is nothing like seeing real improvement on technology that was already doing it right."

Key features and benefits of the updated Realtor.com iOS mobile app include:

  • Recently Sold listings are properties that sold within the last six months and include the final sale price reported by the MLS along with the final sale date. Sold prices display on Realtor.com within 24 hours of a final sale.  Users can search for sold listings exclusively or watch as they surface automatically when zooming into a specific area while searching Nearby Open Houses.
  • Foreclosed listings are identified with an easy-to-see orange badge and can be found as part of a general search or as part of a foreclosure-only search query.
  • Price Reduced property listings are identified with a green arrow.  Users know instantly when and by how much a home's list price was reduced based on MLS fresh updates.  Users can also conduct price-reduced only searches from within the app.

Realtor.com mobile apps are the only real estate mobile apps that connect users to Realtor.com, the largest and most accurate collection of online property listings available. Today, 85% of all property listings on Realtor.com are updated every 15 minutes directly by an MLS.  The rest are updated every one to 24 hours.

"As more and more home shoppers discover the convenience of using mobile for their real estate search, they're also discovering the importance of real time data and demanding the most updated, enhanced information available," said Move, Inc. Chief Product Officer, Scott Boecker. "With our new updated app, home shoppers can watch in real time local price and inventory trends and know the information is accurate. Mobile will remain an essential part of the home buying process and we'll continue to innovate."

As part of the update, Realtor.com also redesigned the iOS home screen so users are one touch away from discovering nearby homes for sale and rent, recently sold homes, and nearby open houses within 20 miles of their current location.  The popular Realtor.com Area Highlighter and My Real Estate features are more prominently featured on the new home page so users can easily enjoy a customized and organized on-the-go search experience.

Realtor.com President Errol Samuelson said, "We're committed to connecting buyers, sellers and agents with each other so they can be more successful in real estate together.  We believe we can do this by continually evolving traditional offline experiences into the online arena through the integration of our social, mobile and desk top experiences."

Soon Realtor.com real estate mobile apps will make connecting with real estate professionals based on mutual connections easy and fun.  Currently in beta on Realtor.com, Move's HyperSocial™ agent search technology connects home shoppers with participating agents based on shared connections and mutual affiliations, as well as online communities and networks.  Move's social search technology will be available within the Realtor.com mobile search experience in the second quarter of 2012.

To learn more about Realtor.com's mobile solutions visit: http://www.realtor.com/mobile

(1) Apple CEO Tim Cook Key Note Presentation, October 4, 2011

ABOUT MOVE

Move, Inc. (NASDAQ: MOVE), is the leader in online real estate and operator of Move.com, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®, the official website of the National Association of REALTORS®; Moving.com; SeniorHousingNet; ListHub; SocialBios, and TOP PRODUCER Systems. Move, Inc. is based in Campbell, California

ABOUT REALTOR.COM®

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®. As the #1 homes-for-sale site, Realtor.com® currently offers potential home buyers access to over four million property listings. It also provides REALTORS® and the home sellers they represent with the Internet's largest real estate marketplace. Agents and companies have the power to customize REALTOR.com® resources to maximize their brand and productivity.

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.

SOURCE Realtor.com

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