Press Release

Home Buyers, Sellers Now Access Actual Sales Prices on Southern California Homes Within 24 Hours of Sale

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Posted 06 October 2008 @ 01:01 pm ET

LOS ANGELES, Oct. 6 /PRNewswire-FirstCall/ -- Beginning this month, theSouthern California MLS (SoCalMLS), one of the nation's largest MultipleListing Services (MLS), becomes the newest major MLS to begin displayingdetailed information about recently sold properties on Realtor.com(R). As aresult, consumers can now access actual sales prices within 24 hours of asale's closing, review property details and photos, and find the transaction'slisting and buyer's agents for thousands of Southern California properties onRealtor.com, the #1 homes-for-sale Web site.

Until now, sold data has typically been available through County publicrecords provided as long as 90-days after transactions are completed. Thisdelayed access to accurate data is one reason home valuations on many realestate portals are inaccurate, out of date and unreliable. County recordsalso don't always include significant property amenities which often have animpact on sale prices. Information from the SoCalMLS on "sold properties"will be displayed within Realtor.com's "Find Home Values" feature, a newresource currently under development by the category leader.

"If you're basing a real estate decision on old or out-of-dateinformation, you risk making a poor decision with potentially significantfinancial consequences," said Realtor.com President Errol Samuelson."Providing current and detailed information on sold properties drawn directlyfrom the local MLS, in conjunction with our 15-minute fresh update program,educates home buyers and sellers so they can have more productive and informedconversations with their real estate agent or broker. We're pleased towelcome the SoCalMLS as our newest partner to display their sold propertyinformation as we further develop and expand our 'Find Home Values' feature."

The SoCalMLS is the fourth major MLS to feed their unique sold data toRealtor.com through Find Home Values. Other MLSs currently feeding sold datafor display within Find Home Values includes the First MLS in Atlanta, theGreater Las Vegas Association of REALTORS(R), the Northern Ohio Regional MLS,the Tucson Association of REALTORS(R) and the Northeast Florida MLS inJacksonville.

According to its August report,http://marketing.realtor.com/augustsearch/, Realtor.com shows SouthernCalifornia as one of the most actively searched regions in the nation for realestate. Consumers searching for real estate in the region can now easilyconnect with the most active local real estate professionals because theSoCalMLS data sent to Realtor.com includes contact information for both thelisting and buyer's brokers on each transaction.

Russ Bergeron, CEO of SoCalMLS said, "As interest in Southern Californiareal estate increases, buyers and sellers will want to identify and connectwith agents or brokers that know our neighborhoods and local market trends.Providing timely information such as actual sales prices and contactinformation for local Realtors(R) through Realtor.com enables millions ofconsumers to accurately monitor market activity and act on it with theassistance of local professional experts. We're please to join Realtor.com inconnecting potential Southern California home buyers and sellers with ourmembers."

To access fresh sold data from the SoCalMLS through Realtor.com's FindHome Values, visit http://www.realtor.com, or directly athttp://www.realtor.com/homevalues.

ABOUT REALTOR.COM(R)

REALTOR.com(R), where the world shops for real estate online, is operatedby Move, Inc., (Nasdaq: MOVE) and is the official Web site of the NationalAssociation of REALTORS(R). Ranked as the #1 homes-for-sale site,REALTOR.com(R) currently offers potential home buyers access to over fourmillion property listings, as well as the most brokers and agents. It alsoprovides REALTORS(R) and the home sellers they represent with the Internet'slargest real estate marketplace, reaching more than 5.4 million consumers inAugust 2008[1]. Agents and companies have the power to customizeREALTOR.com(R) resources to maximize their brand and productivity.

REALTOR(R) and REALTOR.com(R) are registered trademarks of the NATIONALASSOCIATION OF REALTORS(R). REALTOR(R) is a federally registered collectivemembership mark, which identifies a real estate professional who is a Memberof the NATIONAL ASSOCIATION OF REALTORS(R) and subscribes to its strict Codeof Ethics. All other trademarks appearing above are the property of Move,Inc., or of their other respective owners.

ABOUT MOVE, INC.

Move, Inc. (Nasdaq: MOVE) is the leader in online real estate with 7.7million[1] monthly visitors to its online network of websites. Move, Inc.operates: Move.com(R), a leading destination for information on new homes andrental listings, moving, home and garden and home finance; REALTOR.com(R), theofficial Web site of the National Association of REALTORS(R); WelcomeWagon(R); Moving.com; SeniorHousingNet(TM); and TOP PRODUCER(R) Systems.Move, Inc. is based in Westlake Village, California, and employs more than1600 individuals throughout North America. For more information:http://www.move.com.

ABOUT SOCALMLS

For 15 years SoCalMLS, the second largest MLS in the U.S.A., has prideditself on a record of outstanding customer service while supporting a vastarray of products and services to as many as 55,000 real estate professionalsthroughout the Southland -- earning itself the reputation as the preferredprovider of real estate information technology services. For more informationplease visit news.SoCalMLS.com or e-mail info@SoCalMLS.com.

[1] comScore Media Metrix, August 2008

This press release may contain forward-looking statements, includinginformation about management's view of Move's future expectations, plans andprospects, within the safe harbor provisions under The Private SecuritiesLitigation Reform Act of 1995. These statements involve known and unknownrisks, uncertainties and other factors which may cause the results of Move,its subsidiaries, divisions and concepts to be materially different than thoseexpressed or implied in such statements. These risk factors and others areincluded from time to time in documents Move files with the Securities andExchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qsand Form 8-Ks. Other unknown or unpredictable factors also could have materialadverse effects on Move's future results. The forward-looking statementsincluded in this press release are made only as of the date hereof. Movecannot guarantee future results, levels of activity, performance orachievements. Accordingly, you should not place undue reliance on theseforward-looking statements. Finally, Move expressly disclaims any intent orobligation to update any forward-looking statements to reflect subsequentevents or circumstances.

REALTOR(R) and REALTOR.com(R) are registered trademarks of the NATIONALASSOCIATION OF REALTORS(R). REALTOR(R) is a federally registered collectivemembership mark, which identifies a real estate professional who is a Memberof the NATIONAL ASSOCIATION OF REALTORS(R) and subscribes to its strict Codeof Ethics. All other trademarks appearing above are the property of Move,Inc., or of their other respective owners.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO)

SOURCE Move, Inc.


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