ForSaleByOwner.com Listed as a Top Real Estate Website

Thu Apr 3, 2008 10:55am EDT
 
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NEW YORK--(Business Wire)--
Reflecting the growth of the Internet for buying and selling real
estate, ForSaleByOwner.com (http://www.forsalebyowner.com) attracts
more online visitors than most residential real estate brokerage
companies -- including Prudential Properties, Keller Williams, ERA
Real Estate and GMAC Real Estate - according to independent data from
comScore, Inc. Compared to other "for sale by owner" companies,
ForSaleByOwner.com is the overwhelming leader and attracts nearly
three times as many visitors as its next closet competitor.

   "We attract more visitors because our complete line of products
and services are helping people sell and buy homes without paying
commission," said Greg Healy, Vice President of Operations for
ForSaleByOwner.com. "With rich online listings, home pricing tools,
step-by-step real estate guidance and live customer support, we are an
effective and affordable alternative to using an expensive real estate
brokerage firm."

   According to the National Association of Realtors, more than 84%
of buyers use the Internet in their home search in 2007, up from 80%
in 2006 and from just 2% in 1997. To help its customers take advantage
of this growth, ForSaleByOwner.com also syndicates property listings
to GoogleBase.com, Yahoo.com, USAToday.com, AOL.com, among other
sites. Customers can also have their homes placed on the MLS and on
Realtor.com.

   comScore, Inc. is a global internet information provider that
measures consumer behavior on the Internet. Information contained in
this press release refers to total unique visitors that comScore, Inc.
tracked for February 2008. Websites for real estate companies
referenced above include PrudentialProperties.com, KW.com, ERA.com and
GMACrealestate.com.

   ForSaleByOwner.com was also recently recognized by real estate
expert Barbara Corcoran as the best real estate website for buying a
house without a broker.

   About ForSaleByOwner.com

   ForSaleByOwner.com is the nation's leading for sale by owner
website. Since 1999, ForSaleByOwner.com has saved home sellers more
than one billion dollars by providing premium Internet marketing
services, property pricing reports, real estate guidance and
information, downloadable legal forms, as well as live customer
support, to help customers independently sell their own homes. The
company charges a modest fee for its wide range of advertising and
real estate resources, priced from $89 to $899. In contrast, a person
selling a $300,000 home through a real estate agent would be charged a
6% commission fee and pay approximately $18,000. Prospective
homebuyers can browse property database, available at
http://www.forsalebyowner.com, at no charge.

Media:
Eric Mangan, 212-889-3090
http://www.forsalebyowner.com

Copyright Business Wire 2008

 

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