RealEstate.com eclipsed 1000 agent mark

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Real Estate Broker/Owner with Condo.com

RealEstate.com, REALTORS® Hits Major Milestone Eclipsing 1,000 Agent Mark

Despite the downturn in the housing industry, RealEstate.com, REALTORS® continues to grow.  The division of RealEstate.com is a full-service, company-owned brokerage that put out its first shingle in 2006 opening in Portland, Oregon.  Now open for business in 14 markets, RealEstate.com, REALTORS® has more than 1,000 real estate professionals on staff.  This current level places RealEstate.com, REALTORS® among the Top 50 Brokerages in the U.S. in terms of agent count*.

"Business growth in a down market is not impossible and RealEstate.com, REALTORS® is proving it," says Bret Violette, president of RealEstate.com.  "Our online and on-the-ground strategy connects consumers with a world of useful neighborhood information, real estate professionals who are area experts, and best of all, the home of their dreams.  Delighting our customers is our top priority and we look forward to expanding our strategy into even more markets with even more top-notch real estate agents." 

Violette added, "Hitting the 1,000 agent mark is a real milestone for our business, especially since we're very selective and only hire experienced agents who represent a strong fit for our model.  Our recruiting efforts focus on quality versus quantity, and we're also proud of our very low attrition rates.  In the unfortunate circumstance that we actually lose an agent, it is rare that they leave us to join another real estate company.  We think this is a strong sign of the value proposition RealEstate.com, REALTORS® provides our agents, including a high volume of warm-transferred customers, great training and marketing systems, as well as a lucrative commission plan."

RealEstate.com, REALTORS® currently operates full-service company owned brokerages in 14 markets including Charlotte, Denver, New England, Philadelphia, Las Vegas, New Jersey, New York, Phoenix, Portland, Salt Lake City, S. California, Seattle, Sierra Vista and Tucson.  For more information, please visit www.realestate.com.

*Source: RISMedia 2008 Power Broker Report

About RealEstate.com, REALTORS®
RealEstate.com, REALTORS® is a full service residential real estate brokerage. It is a local, on-the-ground brokerage operation that complements the national RealEstate.com Web portal.  RealEstate.com is an operating company of IAC (NASDAQ: IACI).

  

REALTOR® -- A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.

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