The Company owns and operates three category-defining real estate portals: Condo.com, Houses.com and Property.com. The sites showcase over 25 million properties for sale, rent and vacation in the United States and 70+ countries around the world. In addition to property for sale and rent, site visitors have access to a wide variety of real estate-related products and services including mortgages, credit repair, home improvement, moving and more. The sites receive over 1.5 million visitors each month and cost-effectively deliver exposure and qualified leads to builders, real estate professionals, service providers and homeowners.
The Company most recently acquired another category domain, Location.com. The new site will leverage the Company’s comprehensive location database, advertising platform, management team and other intellectual property to expand into the massive and growing location-based search market. The development of Location.com significantly extends the Company’s potential market and revenue base beyond the real estate vertical. Location.com will launch in Q1 2012.