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Builder Homesite Inc. Teams With YAHOO! Real Estate to Offer Comprehensive New Homes Listings.


Business Editors/Real Estate Writers

AUSTIN, Texas--(BUSINESS WIRE)--Feb. 4, 2003

Builder Homesite Inc. (BHI BHI Baker Hughes Incorporated
BHI Brain Heart Infusion (agar)
BHI Better Hearing Institute
BHI British Horological Institute (UK)
BHI Boots Healthcare International
BHI Branch If Higher
), a consortium of 31 of America's largest homebuilders, today announced that it will provide new home listings on Yahoo! Real Estate Yahoo! Real Estate was launched by Yahoo! Inc.]] in June of 1998 with the mission to provide home buyers, sellers and renters with the most relevant and comprehensive set of information and tools.  (http://realestate.yahoo.com) from BHI's online new homes portal, www.newhomesource.com.

This announcement highlights Builder Homesite Inc.'s reputation for providing online marketing solutions for the new home building industry and Yahoo! Real Estate's leadership in delivering comprehensive real estate information and services to its consumers.

Under the agreement between BHI, Yahoo! Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Inc. and Yahoo! Inc., Yahoo! Real Estate will display new home listings and home details including price, floor plans, elevations and community information -- all provided by Builder Homesite Inc. Interested consumers will be able to request additional information directly from the builder for new homes or developments listed on Yahoo! Real Estate by using an automated online request system.

"BHI's robust new home listings will enrich Yahoo!'s already impressive real estate channel and provide an even more valuable resource to home shoppers across the country," said Mark J. O'Brien, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Pulte Homes Pulte Homes, Inc (NYSE: PHM) is a Bloomfield Hills, MI based company founded by Bill Pulte. Pulte is the third largest (by units) builder of homes and residential community developers in the United States according to Builder Magazine's"Builder 100", and is the nation's  Inc.

"The new home purchasing process Purchasing Purchasing is the formal process of buying goods and services.

The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout

The process usually starts with a 'Demand' or requirements
 can be extremely time intensive and stressful for consumers," said Tim Costello Timothy Ewen Costello AO (born March 4, 1955) is a prominent Baptist minister, director of World Vision Australia.

He was educated at Carey Baptist Grammar School and graduated in law at Monash University in 1978.
, chairman, president and CEO of Builder Homesite Inc. "We hope that by bringing Builder Homesite Inc.'s resources and builders to Yahoo! Real Estate, we can make the process faster and more convenient for consumers and builders alike."

Adding Yahoo! Real Estate to BHI's list of new home distribution channels emphasizes both the ever-increasing benefit builders receive by utilizing the NewHomeSource.com listings channel, and the detailed variety offered to consumers in their search for their dream homes.

About Builder Homesite Inc. and NewHomeSource.com

Founded in Austin, Texas in 2000 by a consortium of 31 of the nation's largest homebuilders, Builder Homesite Inc. (BHI) represents over 400,000 new home sales New Home Sales

An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics.
 annually. BHI's mission is to simplify the Internet for both builders and consumers by offering improved technology and marketing solutions for the new home industry. The first product by Builder Homesite was www.NewHomeSource.com, a consumer Web site offering the most comprehensive information and selection of new homes available on the Internet. Many additional builders are making BHI their entry point into the Internet because of the easy availability of BHI's extensive distribution network. By providing data to a single source -- NewHomeSource.com -- builders can not only be listed on that Web site, but also participate in other online channels and BHI partnerships including newspaper Web sites, realtor Web sites, CitySearch and Yahoo!.

About Yahoo! Real Estate

Yahoo! Real Estate is a one-stop, comprehensive resource for anyone looking to buy, sell, rent or maintain a home. Partnering with leading names in real estate like eRealty, zipRealty, StateFarm, CityFeet and Quicken Loans Quicken Loans Corporation is a retail home mortgage lending firm in the US. Quicken Loans Inc. is comprised of the Quicken Loans and Rock Financial, and Title Source, a settlement service provider. Quicken Loans closed $18 billion in residential mortgage loans in 2006. , Yahoo! Real Estate provides consumers with valuable information, tools and resources they need to make educated real estate decisions. Yahoo! Real Estate offers over one million residential real estate listings and was named by Gomez Research as "Best Site for the Homebuyer home·buy·er  
n.
One who is in the process of buying a home.
" in 2001.

About Yahoo! Realty

Yahoo! Realty Inc. is a real estate brokerage subsidiary of Yahoo! Inc. Yahoo! Realty Inc. provides referral services through which real estate purchasers and sellers are directed to online real estate resources with which Yahoo! Realty Inc. maintains a relationship.

Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc.

All other names are trademarks and/or registered trademarks of their respective owners.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 4, 2003
Words:584
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