Overstock.com Launches Property Management Site Houserie
July 23 2018 - 9:00AM
Overstock.com, Inc. (NASDAQ:OSTK) announced its entry into the real
estate market with its launch of the newly-remodeled property
management site, Houserie. The site provides landlords and property
managers a variety of services for managing single-home properties
or multi-home complexes including: potential tenant screening;
communication with renters; organization of resident information;
and rent payment management, which will quickly follow the launch.
Houserie was founded in May 2013 and was purchased by Overstock
in February 2018. The property management site release marks the
first phase of Overstock’s O Real Estate initiatives focused on
using its advanced search technology to assist customers with real
estate needs. O Real Estate will support landlords and tenants by
providing a portal for renting, buying, and managing property, all
in one place. The O Real Estate site is slated to launch in
September.
“For nearly 20 years, Overstock has connected customers with
premium home goods, helping them build their dream homes; now, we
look forward to expanding those services in the real estate
industry,” said Seth Moore, senior vice president of strategy at
Overstock.com. “We’re always finding ways to use our technology to
help customers find just what they want for their homes. Adding
real estate to the mix was a natural fit for our brand.”
Houserie’s updated site provides a new user experience with a
refreshed design and added service options to better serve
landlords and tenants. Houserie offers a wide variety of services
for landlords, most of which are available instantly, including:
identity verification, eviction history, credit check, background
check, tenant scorecard, and a comprehensive screening. The service
can be purchased for one-time use at three price points depending
on the information needed by clients.
About Overstock.com
Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A
Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B
Preferred (OTCQX:OSTBP) is an online retailer based in Salt Lake
City, Utah that sells a broad range of products at low prices,
including furniture, décor, rugs, bedding, and home improvement. In
addition to home goods, Overstock.com offers a variety of products
including jewelry, electronics, apparel, and more, as well as a
marketplace providing customers access to hundreds of thousands of
products from third-party sellers. Additional stores include Pet
Adoptions and Worldstock.com dedicated to selling artisan-crafted
products from around the world. Forbes ranked Overstock in its list
of the Top 100 Most Trustworthy Companies in 2014. Overstock
regularly posts information about the company and other related
matters under Investor Relations on its website,
http://www.overstock.com.
O, Overstock.com, O.com, Club O, Main Street
Revolution, and Worldstock are registered trademarks of
Overstock.com, Inc. O.biz and Space Shift are also
trademarks of Overstock.com, Inc. Other service marks, trademarks
and trade names which may be referred to herein are the
property of their respective owners.
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Such
forward-looking statements include all statements other than
statements of historical fact. Additional information regarding
factors that could materially affect results and the accuracy of
the forward-looking statements contained herein may be found in the
Company's Form 10-Q for the quarter ended March 31, 2018, which was
filed with the SEC on May 8, 2018, and any subsequent filings with
the SEC.
SOURCE: Overstock.com, Inc.
Media Contact:pr@overstock.com
Investor Contact:ir@overstock.com
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