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Move Inc. (MOVE) Reports Strong Site Traffic for Online Home Shopping

Looking for a new home can be a daunting and a gas-guzzling task, to say the least. Realtor.com makes it easy, offering potential home buyers an online shopping outlet with thousands of property listings to browse through, as well as access to brokers and agents. Operated by Move Inc. (Nasdaq: MOVE), Realtor.com is the official Web site for the National Association of Realtors.

About 7.7 million people visit Move.com’s online network of Web sites to find information on new homes, rental listings, moving, home and garden, and finance. According to comScore Media Metrics statistics for August, more people visit Realtor.com for real estate information than any other site.

Compared to August of last year, users spent 11 percent more time on both the Move Network and Realtor.com in August of 2008. These site visitors also looked at 10 percent more pages than last year. To Move Inc., this report suggests an enhanced foothold in the online real estate industry, proving the company to be fierce competition to other companies offering the same thing.

“The comScore data continues to demonstrate our position as the leader and industry standard in terms of consumer engagement, as measured in minutes, visits per unique user and page views,” Lorna Borenstein, president of Move Inc stated in a press release. “Traffic to the Move Network has never been beat by any competitor in the company’s history and Realtor.com continues to lead the market as consumers’ favorite site, logging in almost five times the minutes spent with the nearest competitor in August.”

Errol Samuelson, president of Realtor.com said the results of the comScore will fuel the company’s efforts to strengthen information for site visitors.

“We’re very encouraged by these ongoing reports and we intend to keep building upon our relationship with home buyers by delivering accurate and up-to-date information they can depend on as they navigate real estate markets,” Samuelson stated.

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