MORGANTOWN, W.Va., July 23, 2014 /PRNewswire/ -- ListHub, the
nation's leading listing syndicator and centralized intelligence
platform for the real estate industry, today announces a new
relationship with the National Association of REALTORS®
(NAR) to guide Realtors® in maximizing their
opportunities in the global real estate marketplace. The agreement
provides real estate professionals with best-in-class international
listing distribution and global education as well as discounts for
Realtors® to leverage worldwide advertising exposure
available through ListHub Global.
"The prevalence of international investment in the United States presents a tremendous
opportunity for Realtors® to expand their market and
reach international buyers and investors, if they are prepared to
do so," said Steve Brown, 2014
president of NAR. "This arrangement offers the education and tools
to provide global real estate service, as well as an economic
advantage for Realtors® to reach the international
marketplace through ListHub Global."
The agreement provides discounts for NAR's Certified
International Property Specialist (CIPS) curriculum, a series of
global real estate courses that provide the knowledge, research,
network and tools to help Realtors® globalize their
business and acquire international clients, for ListHub Global
customers. CIPS-certified Realtors® have access to the
CIPS Referral Network, comprised of 2,300 elite agents in 45
countries worldwide.
The agreement also provides CIPS designees with a 10 percent
discount for the ListHub Global service. The ListHub Global network
offers brokers the opportunity to increase global exposure of their
listings within a controlled platform, with ListHub's signature
streamlined management, comprehensive data protections and
unmatched performance metrics. With the merger of ListHub Global
network partners EdenHome and ListGlobally, the ListHub Global
network includes more than 70 international property publishers in
over 40 countries, reaching 60 million international customers.
Helping Realtors® Become Global
Experts
The CIPS program helps Realtors® develop the
specialized expertise required in an international transaction,
from currency issues and financing to visa and tax laws. The
exclusive discounts available through the arrangement with ListHub
Global empower Realtors® to invest in the combined
resources for an unparalleled market advantage when working with
international buyers.
The international market is at peak levels, reaching a record
$92.2 billion in sales between
April 2013 to March 2014 according to NAR's 2014 Profile of
International Home Buying Activity, released this month. Sales
to international clients have jumped 35 percent from the previous
period's level of $68.2 billion.
The report also highlights a substantial increase in sales to
buyers from China, increasing from
$12.8 billion in the prior period to
$22 billion in the 12 months ending
in March 2014, and now accounting for
nearly 25 percent of total sales to international buyers. Buyers
from China generally purchased in
higher-priced markets, and 76 percent of reported transactions were
all-cash purchases. Appreciation of the Chinese yuan and affordable
property contributed to the appeal of the U.S market for many
buyers from China, according to
the report.
The ListHub Global network includes the leading real estate
search website in China, SouFun,
which reports more than three million unique visitors each day.
Among the site's 12 million SouFun members, 25 percent have plans
to invest in properties outside China within the next three years.
"Buyers from China are
predicted to continue to grow in the coming years, yet China's rigorous Internet regulations limit
opportunities to advertise listings in mainland China without working directly with
China's property portals," said
Celeste Starchild, vice president
and general manager of ListHub. "ListHub Global allows
Realtors® to reach buyers in China within the same secure platform they use
for national advertising, in a seamless experience that ensures the
data is Multiple Listing Service (MLS)-accurate across the global
network of real estate search websites."
ListHub will host a free, 30 minute webinar July 24 at 4 p.m.
EDT. Global Perspectives - Tips for
Expanding Your Global Reach will be hosted by ListHub
Global Team Leader Aldana Gentinetta
and NAR's Director of Global Marketing and Business Development
Katie Stouffs Grimes. The webinar will highlight the latest
insights from NAR's international report and tips for reaching
global buyers.
About Move, Inc. and realtor.com®
Move,
Inc. (NASDAQ: MOVE), a leading provider of online real estate
services, operates realtor.com®, which connects people
to the essential, accurate information needed to identify their
perfect home and to the REALTORS® whose expertise
guides consumers through buying and selling. As the official
website for the National Association of REALTORS®,
realtor.com® empowers consumers to make smart home
buying, selling and renting decisions by leveraging its direct,
real-time connections with more than 800 multiple listing services
(MLS) via all types of computers, tablets and smart telephones.
Realtor.com® is where home happens. Move's network
of websites provides consumers a wealth of innovative tools and
accurate information including Doorsteps®,
HomeInsightSM, SocialBiosSM, Moving.com™,
SeniorHousingNetSM, homefairSM and
Relocation.com. Move supports real estate agents and brokerages by
providing many services to grow their businesses, including
ListHub™, the nation's leading listing syndicator and centralized
intelligence platform for the real estate industry;
TigerLead®; Top Producer® Systems; and
FiveStreetSM; as well as many free services. Move is
based in the heart of the Silicon Valley — San Jose, CA.
REALTOR® and REALTOR.COM® are
trademarks of the National Association of
REALTORS® and are used with its permission. These
and all other trademarks used in this work are the property of
their respective owners.
Forward-Looking Statements
This news 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 from 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.
Media Contact: Christie
Farrell, Move, Inc. 408-558-7115
christie.farrell@move.com
SOURCE Move, Inc.