Homes.com, the leading provider of Internet business solutions for
the real estate industry, today announced the acquisition of Real
Estate Village, an Internet marketing solutions provider for the real
estate sector. The combination of the Real Estate Village and
Homes.com customer bases, will create a network of over 85,000 real
estate professionals covering every major market in the United
States. Further, John Perkins, formerly CEO, and Grant Gould,
formerly vice president of sales, of Real Estate Village, will become
co-managing directors of the new Real Estate Village subsidiary of
Homes.Com. the acquisition of Real Estate Village, Homes.com will have the
nations largest membership network of unique real estate related
domain names," said Bob Prince, president and CEO of Homes.com. "The
Real Estate Village team has demonstrated rapid growth of their
customer base while maintaining a superior level of customer service
and a strong value proposition to their membership. Real Estate
Village is one of the nations fasted growing providers of web
products for the real estate industry and we now expect to be able to
leverage their successful track record to expand the Homes.com
network.
John Perkins, CEO of Real Estate Village said, We saw the tremendous
opportunity for Homes.com to lead real estate industry with best
technology available. The strengths of our company will only further
enhance Homes.coms mission to completely enable the industry with
integrated technology solutions. We couldnt be more excited about
joining Homes.com.
ACQUISITION TO BENIFIT REAL ESTATE INDUSTRY PROFESSIONALS AND
CONSUMERS
Homes.com, Inc. enables the real estate industry by developing
technologically advanced products that facilitate communication and
transaction management between real estate industry professionals,
settlement providers and the clients they serve. Through providing
the combined powerful technology tools from both Real Estate Villiage
and Homes.com, the company will greatly enhance real estate
professionals relationships and transactions. Homes.com has also
gained Real Estate Villages agents, thereby dramatically increasing
Homes.coms network of real estate providers. Consumers will
experience the benefit of having a larger variety of agents to
contact when buying or selling their homes.
ABOUT REAL ESTATE VILLAGE
Privately held, and based in San Diego, CA, Real Estate Village is a
leading provider of Internet Marketing Solutions for the Real Estate
Professional. Founded in 1998, Real Estate Village has quickly become
an industry leader in providing Reliable Customized Websites and
Internet Marketing Solutions to the Real Estate Professional
interested embracing the Internet as a platform for transacting real
estate. The Companys network of real estate professionals consists
of over 7,000 unique domain name sites with a growth rate of over 650
sites per month.
ABOUT HOMES.COM, INC.
Homes.com, Inc. is the premier Internet business solution provider
enabling the real estate industry. The company provides a nexus for
the entire real estate industry through offering an integrated set of
market-making solutions designed to support next-generation real
estate transactions. These solutions coupled with Homes network of
industry professionals create the only online marketplace for real
estate. By providing a nexus for the entire real estate industry to
conduct transactions from the desktop, Homes is the clear leader in
integrated market solutions for the real estate industry. Homes
proprietary technology will allow over 75,000 real estate industry
professionals in its network to initiate, manage, and close real
estate transactions online. The company derives its consumer base
from a real estate and home ownership web center at www.homes.com,
and delivers these qualified consumers to its network of web-enabled
industry professionals. At www.homes.com, users benefit from a
single resource of information and content with an integrated and
highly personalized experience. From home buying and home selling,
to mortgages, relocation and home improvement, homes.com provides
advanced personalization tools to enable users with virtually any
home-related resource.
