WASHINGTON, D.C., National Association of Realtors Mid-Year Conference -- April 24, 1998 -- Comstock Net Services, Inc. (http://1-800-homes.com), a RE/MAX approved supplier, today announced an agreement with Yahoo! Inc. (NASDAQ: YHOO), a leading Internet media company, to provide residential real estate listings to Yahoo! Classifieds. Just in time for the busy home-buying season, the relationship increases the variety of homes for sale within the Residential Real Estate area of Yahoo! Classifieds, giving consumers even more reason to start their home search on Yahoo! Classifieds.
Beginning today, Yahoo! users can access an increased number of RE/MAX's extensive listings through the Residential Real Estate area of Yahoo! Classifieds (http://classifieds.yahoo.com). Through the agreement, home buyers have a greater selection of homes from which to choose, and agents have an easy, effective and free way to get their listings on the Web's most popular Classifieds site (Media Metrix, January 1998). In addition, present and future homeowners have access to the Yahoo! Finance Center, which is integrated into Yahoo! Classifieds' real estate areas. The center provides users with comprehensive resources for everyday financial issues related to home-buying, such as insurance, loans, investing and taxes, and allows visitors to save time by offering convenient comparison shopping among multiple brand-name insurance carriers as well as a cost-effective way for users to research and apply for a home loan. Visitors to Yahoo! Classifieds can also take advantage of Yahoo! Maps, Yahoo! message boards, real estate news, and related real-estate resources and features.
"We are thrilled to offer our millions of users daily access to a greater number of RE/MAX listings within the Yahoo! Real Estate area," said Jim McCarthy, senior producer with Yahoo! Classifieds. "RE/MAX is an innovator in the real estate industry, and they are once again demonstrating their pioneering spirit by distributing their listings on Yahoo!. This new relationship enables us to further empower our users to find their homes in the most effective and convenient way, as well as assist RE/MAX agents reach home buyers."
"Comstock has been an excellent, approved provider of Web site hosting services for many of our RE/MAX offices," said Bruce Benham, vice president of Information Technology, RE/MAX International. "RE/MAX agents nationwide will benefit directly from this relationship. Bringing an increased number of RE/MAX listings to Yahoo! makes it even easier for real estate agents and consumers to work together. Through Yahoo!'s powerful distribution platform, our agents can serve their clients more effectively."
In addition to residential and commercial real estate, Yahoo! Classifieds provides users a wealth of listings in such areas as employment, rentals, autos and personals. Yahoo! Classifieds is part of Yahoo! Inc., a leading Internet media company. Yahoo! served an average of 95 million page views per day during the month of March 1998, and has more than 30 million unique U.S. adult users in a 30-day period.
About Comstock Net Services, Inc.
Comstock Net Services, Inc., designs and hosts Web sites for more than 400 RE/MAX offices in 29 states., and provides state-of-the-art technology to more than 13,000 RE/MAX Associates, enabling them to maximize the power of the Internet as an explosive sales and listing tool. Through innovative techniques and creativity, Comstock continues to elevate the benchmark in real estate presentations with Grand Tour, a promotional tool that showcases the interior of select real estate listings. Comstock is headquartered in Atlanta, GA and has an office in Dallas, TX.