Press Releases

From the latest breaking news to media galleries, find a range of information on IAC and our businesses.

Press Releases

BACK

Are You a Nosey Neighbor? Then You'll Love RealEstate.com's Access to More Than 97 Million Home Values

Monday, May 12, 2008 - 02:00

CHARLOTTE, N.C., May 12 /PRNewswire/ -- RealEstate.com today announces major upgrades to its home valuation tool that provides users price estimates and detailed property information on more than 97 million homes across the country. RealEstate.com provides users instant access to comprehensive home value estimation data for nearly 100 million homes including those for sale and existing residences.

The RealEstate.com home valuation tool, found at http://www.realestate.com/homepricecheck or http://www.homepricecheck.com/, provides users a unique one-stop-information-shop for all of their real estate curiosities. After simply entering an address and zip code, users will have their hands on tons of real estate data, including property information, values and locations for their own homes, their neighbors' homes or even their bosses' home. RealEstate.com's home valuation tool recently underwent a major upgrade and now offers visitors the following features:

  -- What's My House Worth? - The home valuation tool gives each property
     searched a unique Value Estimate Range that shows the high and low end
     of a home's value.  This data is derived from proprietary technology
     that looks at geographical factors, comparable homes in the area and
     current market conditions and provides price estimates unlike any other
     Web site valuation device.

  -- Give Me the Scoop - Each home searched through the RealEstate.com
     valuation tool displays many property details including number of
     bedrooms and bathrooms, square feet and the year the home was built.

  -- Are you a Nosey Neighbor? - If you're interested in knowing what your
     neighbors' homes are worth, you can now see values for more than 97
     million homes across the country when using the RealEstate.com home
     valuation tool.  The home valuation tool taps into local real estate
     data and shows users comparable homes in the area and includes detailed
     information such as address, number of bedrooms and bathrooms, square
     feet, sold date and sold price.

  -- The Homing Device® - The home valuation tool also features a
     one-of-a-kind homing device that plots specific addresses on a value
     grid based on square footage and total price compared to other homes in
     the area.  The homing device uses the Google Maps™ API, which allows
     users to toggle around the neighborhood viewing other home values that
     are in close proximity to homes searched.

  -- Superior Mapping Technology - The home valuation tool is accompanied by
     Google Maps™ and offers users information about where homes are
     plotted on a neighborhood street map, as well as their proximity to
     other comparable properties in the area.  The mapping technology also
     allows users to cyber-cruise around the neighborhood and see detailed
     property information about other homes for sale and other existing home
     values.

  -- What Else is on the Market? - Now users can view similar homes for
     sale in the area when utilizing the RealEstate.com home valuation tool.
     Each home listing includes detailed property information such as
     address, number of bedroom and bathrooms, type of home and listing
     price and with a few quick clicks of their mouse, users can also be
     connected with a real estate professional in a matter of moments if
     they are interested. This feature is also linked to Google Maps™ and
     shows users where each home is located in the area.

The new home valuation enhancements on RealEstate.com are the latest innovations in a series of tools and services created, tested and offered by the company. Founded in 2003, RealEstate.com has grown to become one of the largest national data providers in the online real estate arena, providing visitors a constant stream of current real estate listings updated 24-hours a day, home valuations for more than 97 million homes, and helpful tips and tools all presented in one easy-to-use Web site.

For more information about RealEstate.com and to test drive some of its latest innovations, visit http://www.realestate.com/.

About RealEstate.com

RealEstate.com gives consumers a better way to buy or sell a home through a comprehensive suite of real estate services, tools and helpful advice as they progress through their home buying or selling process. The site provides access to nearly 2 million home listings, 97 million home values and a unique deep-dive view into more than 22,000 cities across the US (100% US city coverage).

In addition to the RealEstate.com portal, the company operates five distinct business lines including RealEstate.com, REALTORS®, a company-owned real estate brokerage that operates in 14 markets with more than 900 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 or 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 an operating company of IAC (NASDAQ: IACI).

REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.

Google, Google Maps are trademarks of Google Inc.

SOURCE: RealEstate.com

CONTACT: Allison Vail of RealEstate.com, +1-704-943-8339,
Allison.vail@realestate.com

Web site: http://www.realestate.com/
http://www.realestate.com/homepricecheck
http://www.homepricecheck.com/

button Scroll Up