Realtor.com® and Airbnb Team Up to Give Home Buyers Opportunity to Live Like a Local Before Purchasing

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Jun 24, 2015, 09:00 ET

SAN JOSE, Calif. and SAN FRANCISCO, June 24, 2015 /PRNewswire/ -- Realtor.com®, a leading provider of online real estate services operated by News Corp [Nasdaq: NWS, NWSA] subsidiary Move, Inc., and Airbnb, the world's leading community-driven hospitality company, today announced that they have teamed up to allow potential home buyers to "live like a local" by experiencing a specific neighborhood before purchasing. Visitors to realtor.com® will be able to book accommodations nationwide on Airbnb ranging from single-family homes to condos, lofts and other properties located near their desired neighborhood.

Airbnb logo

"This collaboration with Airbnb reinforces our commitment to giving consumers unparalleled insight to make informed real estate decisions," said Ryan O'Hara, chief executive officer of Move. "Our relationship with Airbnb—a company that helps millions of people feel at home in communities around the world—allows us to reduce some of the unknown factors associated with relocating to a new community. It is what we mean when we say realtor.com® puts the 'real' in real estate."

"We're pleased to team up with realtor.com® to encourage and support the home buying process," said Chip Conley, head of global hospitality & strategy at Airbnb. "As we offer a variety of unique accommodations in neighborhoods across the country, we'll be able to allow potential homeowners the special opportunity to experience those neighborhoods as if they already live there - before making the decision to buy."

Consumers who visit realtor.com® to look at homes in new neighborhoods can select the option to "Airbnb before buying." The Airbnb option will appear on the homepage and for-sale listing detail pages. These pages will display Airbnb accommodations that consumers can choose to book – allowing them to fully immerse themselves into the local sights and sounds that Airbnb accommodations provide.

Starting today, consumers will also get the opportunity to win $500 toward their local experience with Airbnb as part of the Try Before You Buy sweepstakes. To enter, participants can visit: http://marketing.realtor.com/try-before-you-buy-sweepstakes. One winner will be chosen each week through Aug. 23, 2015.

The official rules for the sweepstakes are located at: http://marketing.realtor.com/try-before-you-buy-officialrules

About Move, Inc. and realtor.com®

Move, Inc., a subsidiary of News Corp, is a leading provider of online real estate services. Move operates the realtor.com® website and mobile experiences, which connect people to the most important and accurate information they need to find their perfect home and to the REALTORS® whose expertise guides consumers through buying and selling. As the official website of the National Association of REALTORS®, realtor.com® empowers consumers to make smart home buying, selling and renting decisions by leveraging its direct, real-time connections with more than 800 multiple listing services (MLS) via all types of computers, tablets and smartphones. In addition to the industry's most comprehensive and accurate information, Move's network of websites provides consumers a wealth of innovative tools, including Moving.com™, SeniorHousingNet^SMand others. Move supports real estate agents and brokerages by providing many services to grow their businesses, including ListHub™, the nation's leading listing syndicator and centralized intelligence platform for the real estate industry; TigerLead®; Top Producer® Systems; and FiveStreet^SM; as well as many free services. Move is based in the heart of Silicon Valley – in San Jose, Calif.

About Airbnb

Founded in August of 2008 and based in San Francisco, California, Airbnb is a trusted community marketplace for people to list, discover, and book unique accommodations around the world – online or from a mobile phone. Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences, at any price point, in more than 34,000 cities and over 190 countries. And with world-class customer service and a growing community of users, Airbnb is the easiest way for people to monetize their extra space and showcase it to an audience of millions.

Forward-Looking Statements

This document contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive market and regulatory and other factors. More detailed information about these and other factors that could affect future results is contained in News Corp's filings with the Securities and Exchange Commission. The "forward-looking statements" included in this document are made only as of the date of this document and we do not have any obligation to publicly update any "forward-looking statements" to reflect subsequent events or circumstances, except as required by law.

Media Contacts:

Realtor.com: Bianca De Rose, 408-558-7184, [email protected]

Airbnb: [email protected]

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SOURCE realtor.com