RealEstate.com buys New Homes Realty
By Anthony Longo 9 12 2008
Today RealEstate.com announces the acquisition of certain assets of Tampa-based New Homes Realty, Inc. New Homes Realty is an online real estate company operating in 11 metro areas across the country and utilizing a network of approximately 200 licensed real estate agents and brokers. In addition, the company developed a family of Web sites, including its flagship NewHomes.com, to provide interested home shoppers a database of thorough real estate information for new and existing homes.
The purchase will expand RealEstate.com, REALTORS(R) in its existing 14 markets, as well as enable the company to grow into six new areas including Florida, Georgia, Illinois, Louisiana, Texas, and the Washington, DC/Capital region. In addition, New Homes Realty’s family of Web sites will now be run by RealEstate.com. The acquisition also allows RealEstate.com to add another lead generation component to its growing real estate portfolio, which already includes iNest ( www.inest.com), a leading real estate broker specializing in newly-constructed homes.
“The acquisition of New Homes Realty assets is a perfect fit with our growing RealEstate.com, REALTORS(R) division,” says Bret Violette, president, RealEstate.com. “The company had a long-standing reputation as being one of the best brokers in the new homes segment and will allow us to quickly add a group of talented and extremely skilled agents to our team who are already in the field working with customers. We are also excited to incorporate the New Homes Realty lead generation assets into our company allowing us to better compete for and service those looking to purchase a new home.”
real estate venture capital…
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Real Estate Orlando Fl…
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RealEstate.com has purchased the assets of New Homes Belongings Inc., a Florida-based proper land reserves.New Location Belongings operates in 11 subway areas and has a network of 200 proper land agents and brokers. The company’s online services include income aggregation on new and existing homes.Financial cost weren’t revealed….
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Mortgage Lead Generation…
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Baltimore Homes…
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Foreclosure Bailout…
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real estate…
Hm, this post about Luxury Real Estate - Castles confuses me……