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Consumers Flock to Realtor.Com for the Most Listings On the Web.


Business Editors/High-Tech & Real Estate Writers

WASHINGTON--(BUSINESS WIRE)--June 26, 2002

REALTOR Realtor

In the United States a designation used to describe a member of the National Association of Realtors (NAR).

Notes:
The term "realtor" is a registered trademark and encompasses agents, brokers and associates who are members of a real-estate firm associated with
.com, the official Web site of the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. (R), attracted more than 4.43 million unique users in May, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Media Metrix. This is a 23 percent increase over May last year, when REALTOR.com attracted 3.6 million unique users.

Last month's data from Media Metrix also indicated that visitors looked at 54.9 pages and spent an average of 40.3 minutes on the site during the month. Nearly 179 million minutes total were logged on REALTOR.com in May, according to the monthly report.

Another leading ratings organization, Nielsen/NetRatings, reported that REALTOR.com attracted 4.62 million unique users in May. It reported that each unique user spent an average of 30.8 minutes looking at 64 pages on the site in May. By the end of the month, more than 142.6 million total minutes had been registered on the site, nearly five times more than the competition.

According to a special study of the site's traffic conducted in April, REALTOR.com's real estate listings attracted more than 4.57 million individuals, approximately 14 times more traffic than its competition.

"In contrast, the independent Media Metrix research indicates that REALTOR.com's closest competitor only received 331,000 unique viewers to the real estate portion of its Web site in April 2002," said NAR NAR National Association of REALTORS
NAR Nucleic Acids Research (journal)
NAR National Association of Rocketry
NAR Nationale Arbeidsraad (Dutch: National Labor Council; Brussels, Belgium) 
 President Martin Edwards Charles Martin Edwards (born 24 July 1945 in Adlington, Cheshire, England) was the chairman of Manchester United from 1980 until approximately 2000. He still remains at Manchester United as honorary life president of the club.  Jr., a partner in Colliers Wilkinson Noun 1. Wilkinson - English chemist honored for his research on pollutants in car exhausts (born in 1921)
Sir Geoffrey Wilkinson
 & Snowden Snowden is a surname, and may refer to
  • Howard Snowden, fictional character from the novel Catch-22 by Joseph Heller
  • B. J. Snowden
  • A. Loudon Snowden, U.S.
 Inc., Memphis, Tenn. "That's only 8 percent of its overall traffic."

"Consumers are clearly using REALTOR.com as their main resource when looking at listed homes for sale online," said REALTOR.com President Steve Ozonian. "Our internal reports show that REALTOR.com's 'Find a Home' function logged more than 242 million page views in May."

REALTOR.com, operated by Homestore Inc., is the official Web site of the National Association of Realtors(R). Ranked as the No. 1 homes-for-sale site, REALTOR.com currently offers a potential homebuyer home·buy·er  
n.
One who is in the process of buying a home.
 nearly 2 million homes listed for sale as well as the most brokers and agents to contact. The site also provides home sellers with the Internet's largest marketplace to reach millions of potential viewers.

The National Association of Realtors(R), "The Voice for Real Estate," is America's largest trade association, representing more than 800,000 members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at http://realtor.org. This and other news releases are posted in the Web site's "News Release" section.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 2002
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