AUSTIN, Texas – January 10, 2003 – Builder Homesite, Inc. (BHI), a consortium of 31 of America’s largest homebuilders, today announced that it will provide new home listings on Yahoo! Real Estate (https://realestate.yahoo.com) from BHI’s online new homes portal, New Home Source.
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 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 of Pulte Homes, Inc.
“The new home purchasing process can be extremely time intensive and stressful for consumers,” said Tim Costello, 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, TX in 2000 by a consortium of thirty-one of the nation’s largest homebuilders, Builder Homesite, Inc. (BHI) represents over 400,000 new home sales annually. BHI’s mission is to offer improved technology and marketing solutions for the new home industry. The first product by Builder Homesite is NewHomeSource.com, a consumer website offering the most comprehensive information and selection of new homes available on the Internet. Through their extensive distribution network, many additional builders are making BHI their entry point into the Internet. By providing data to a single source — New Home Source — builders participate in other NewHomeSource online partner channels including MSN HomeAdvisor, Yahoo!, eBay, newspaper Web sites, CitySearch and realtor websites.
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, 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” 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.
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- Eleanor Bowman