Realtor.com® and HomeAdvisor Team Up to Provide Home Renovation Information

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Apr 26, 2016, 09:00 ET

SANTA CLARA, Calif., April 26, 2016 /PRNewswire/ -- Realtor.com^®, a leading online real estate destination operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., and HomeAdvisor, a leading nationwide home services digital marketplace, today announced a new agreement to integrate HomeAdvisor's True Cost Guide on realtor.com^® listings. The addition provides homeowners and dreamers with valuable information about average national and local project costs and trends in popular home repair and improvement projects.

All cost data from HomeAdvisor's True Cost Guide comes from data submitted by real homeowners to provide consumers with local project costs for over 300 types of home projects. Realtor.com^® users also have access to HomeAdvisor's nationwide network of pre-screened service professionals to help them complete their home projects. Service professionals in HomeAdvisor's network undergo a criminal and financial background check prior to joining, and are customer-rated and reviewed.

"Home buyers and sellers rely on realtor.com^® for the most comprehensive and accurate real estate listing information," said Ray Picard, executive vice president of sales for Move. "Our new agreement with HomeAdvisor helps us put even more real estate-related information at their fingertips, no matter if they are looking for a home or want to improve the one they own."

"Last year, over 10 million homeowners trusted HomeAdvisor to find a professional for their home projects," said Adam Burrows, HomeAdvisor's senior vice president of business and corporate development. "This agreement extends that trusted resource to realtor.com^® users looking to gain the best returns on their biggest investments — their homes."

To access local home improvement costs, get up to speed on renovation trends, or read reviews on home professionals, realtor.com^® users can simply click the HomeAdvisor True Cost Guide widget on the right-hand side of any "recently sold" or "not for sale" home listing.

About Move, Inc. and realtor.com^®

Move, Inc. operates the realtor.com^® website and mobile experiences, which provide buyers, sellers and renters of homes with the information, tools and professional expertise they need to discover and create their perfect home. News Corp [NASDAQ: NWS, NWSA] [ASX: NWS, NWSLV] acquired Move in November 2014, and realtor.com^® quickly established itself as the fastest growing online real estate service provider as measured by comScore.

As the official website of the National Association of REALTORS^®, consumers know they can look to realtor.com^® for the most comprehensive and accurate information anytime, anywhere. With relationships with nearly 800 multiple listing services (MLS), realtor.com^® has more than 3 million for-sale listings, which account for more than 97 percent of all MLS-listed for-sale properties. More than 90 percent of the listings are updated every 15 minutes. Move's network of websites provides consumers a wealth of innovative tools, including Doorsteps^®, Moving.com™, SeniorHousingNet^SM and others. Move supports real estate professionals by providing many services to grow their businesses in an increasing digital, on-demand world, including ListHub™, the nation's leading listing syndicator and centralized intelligence platform for the real estate industry; TigerLead^®; Top Producer^® Systems; and FiveStreet^SM and Reesio as well as many free services.

About HomeAdvisor

HomeAdvisor is a nationwide digital home services marketplace providing homeowners the tools and resources they need to complete their home repair, maintenance and improvement projects. HomeAdvisor's marketplace makes it easy for homeowners to view average home project costs from coast to coast, using True Cost Guide, find and schedule local prescreened home professionals using ProFinder technology, and instantly book appointments using online booking or HomeAdvisor's award-winning iOS and Android mobile apps. Homeowners can access HomeAdvisor's resources for free. No membership or fees are required. HomeAdvisor is based in Golden, Colo., and is an operating business of IAC (NASDAQ: IAC).

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^® – Lexie Puckett Holbert – [email protected] – 805-557-3151

HomeAdvisor – Brooke Gabbert – [email protected] – 303-963-8173

SOURCE realtor.com