SAN JOSE, Calif., Sept. 23, 2013 /PRNewswire/ -- Realtor.com®, operated by Move, Inc. (NASDAQ: MOVE), today announced the launch of its expanded commercial search functionality powered by CommercialSearch. CommercialSearch is owned and operated by Xceligent, a leading provider of proactively researched commercial real estate information. Realtor.com® and Xceligent first announced their agreement to expand commercial listings search on realtor.com® in May.
With this launch, people interested in buying, selling, or leasing commercial real estate properties can now view over 450,000 active commercial listings directly in the "Commercial" category on the realtor.com® homepage or at http://commercialsearch.realtor.com. Targeted filters allow users to search by property type to find retail, office, industrial, multifamily, hotel/motel, land, farm/ranch, mobile home park and specialty properties for sale and lease. Additionally, search results may be saved to a "Favorites List," and it's even possible to research REALTORS® in a local area.
"Expanding listings content on realtor.com®, while remaining steadfast in our commitment to accuracy, is crucial in allowing us to better serve consumers. An increased investor presence in the market over the past couple of years deepened the industry's need for a comprehensive source for commercial listings information," said Errol Samuelson, president of realtor.com®. "We are proud to be the first comprehensive resource for both residential and commercial listings in the industry to meet the needs of professional real estate investors, tenants and brokers."
CommercialSearch is one of the largest national marketplaces of commercial real estate listing and property information, aggregating data from multiple sources including Xceligent's fully researched markets, hundreds of multiple listing services (MLS), Commercial Information Exchanges (CIE) of every market size, and the majority of the nation's top 50 commercial brokerages.
"Realtor.com® is one of the most heavily trafficked real estate sites in the world and CommercialSearch is one of the largest collections of commercial listings in the country. Exposing our national marketplace to the realtor.com® audience creates an incredibly powerful platform for transacting commercial real estate," said Doug Curry, CEO of Xceligent, Inc. "This relationship exemplifies Xceligent's history of partnering with the industry to improve the landscape of commercial real estate."
About realtor.com®
Operated by Move, Inc., (NASDAQ: MOVE), realtor.com® helps connect people with the content, tools and expertise they need to find their perfect home. As the official website of the National Association of REALTORS®, realtor.com® empowers consumers to make the smartest decisions when it comes to finding a home by leveraging direct connections with more than 800 MLSs to deliver the most accurate and up-to-date listing information in neighborhoods across the country, and by making timely and meaningful connections between consumers and REALTORS®. Whether through desktop, mobile, or tablet versions, realtor.com® is where home happens.
About Move, Inc.
Move, Inc. (NASDAQ:MOVE), the leader in online real estate, operates realtor.com®, the official website of the National Association of REALTORS®; Move.com, a leading destination for new homes and rental listings, moving, home and garden, and home finance; ListHub™, the leading syndicator of real estate listings; Moving.com™; SeniorHousingNet; SocialBios; Doorsteps, TigerLead®; and TOP PRODUCER® Systems. Move, Inc. is based in San Jose, Calif.
Forward-Looking Statements
This press 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 than 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.
SOURCE realtor.com