Errol Samuelson Appointed Move's Chief Strategy Officer

SAN JOSE, Calif., April 4, 2013 /PRNewswire/ -- Move, Inc. (NASDAQ: MOVE) today announced that Errol Samuelson is promoted to Chief Strategy Officer, expanding his role at the company. To capitalize on its strong 2012 results, and to fuel growth and drive sustainable competitive advantage the company created the new role and promoted Samuelson to fill it.

"Errol has more than ten years experience with Move and twenty years in technology and real estate," said Steve Berkowitz, Chief Executive Officer of Move. "He's worked in both strategic and operational roles. He's the perfect person for the job. This will be transformational for Move's employees, customers, partners, and shareholders." At Move, Samuelson led the team that acquired TigerLead and Relocation.com in 2012, and before that, SocialBios, ListHub, and TopProducer Systems. Through these acquisitions, he helped Move build the most complete set of real estate solutions and publishing tools in the industry, one that also protects the rights and intellectual property of brokers and multiple listing services.  

For realtor.com, a leader in online real estate operated by Move, Samuelson launched the 2007 program to increase the accuracy of its listings, with most listings now updated every fifteen minutes. He also launched the Find initiative, providing a natural language search engine and portal to multiple listing services. In his past role as president of Top Producer, the Move division that provides an intelligent real estate CRM solution, Samuelson led the transition from packaged software products to the current software-as-a-service model, quadrupling revenue, driving a thirty-point improvement in profitability, and signing co-marketing agreements with five of the largest real estate franchisors.

Move's return to double-digit growth is due in part to the changes made in personnel, technology infrastructure, and revenue streams. The company is uniquely positioned to lead the Real Estate industry, and to rapidly grow revenue. "It is precisely this environment and opportunity that makes Errol's appointment exciting," Berkowitz said. "In his new role, Errol will work closely with me to define the vision, strategy and future direction of Move. He will also explore new areas where Move can expand its offerings."

In addition to his expanded role as Chief Strategy Officer, Samuelson will continue his responsibility as President of realtor.com. In this dual role, he will expand the company's influence and leadership in real estate. He will work to make the customers more productive, more profitable and more partnered in managing real estate content and rights. He will also be responsible for industry relations, business development, and corporate development.

About realtor.com®

Operated by Move, Inc., (NASDAQ: MOVE), realtor.com® helps connect people with the content, tools and expertise they need to find their perfect home. As the official website of the National Association of REALTORS,  realtor.com® empowers consumers to make the smartest decisions when it comes to finding a home by leveraging direct connections with more than 800 MLSs to deliver the most accurate and up-to-date listing information in neighborhoods across the country, and by making timely and meaningful connections between consumers and REALTORS®.  Whether through it desktop, mobile, or tablet version, realtor.com is where home happens.

About Move, Inc.

Move, Inc. (MOVE) a leader in online real estate and operator of realtor.com®, the official website of the National Association of REALTORS®; Move.com, a leading destination for new homes and rental listings, moving, home and garden, and home finance; ListHub™, the leading syndicator of real estate listings; Moving.com™; SeniorHousingNet; SocialBios; TigerLead®; and TOP PRODUCER® Systems. Move, Inc. is based in San Jose, Calif.

SOURCE Move, Inc.