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RealSelect to Be AOL’s Home-Listings Service

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America Online and RealSelect Inc. in Thousand Oaks have reached an agreement expanding their relationship--RealSelect will be the exclusive home-listings service on AOL, AOL.COM, CompuServe and Digital City.

The agreement expands a multiyear, multimillion-dollar agreement announced in April 1998, which made Realtor.com AOL’s exclusive provider of existing home listings.

As part of the expanded relationship, RealSelect’s Internet sites--Realtor.com, HomeBuilder.com and CommercialSource.com--will receive prominent placement throughout real estate areas on AOL, AOL.COM, CompuServe and Digital City.

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Realtor.com, the official Internet site of the National Assn. of Realtors, provides consumers access to an online inventory of new and existing homes for sale. An inventory of new homes is listed on HomeBuilder.com, the official new homes site of the National Assn. of Home Builders. Realtor.com has 1.25 million home listings and HomeBuilder.com has about 13,000 builders online.

“Consumers are using online resources to research all aspects of home purchase, and our sites provide the path for consumers to start their home-buying search,” said Stuart Wolff, chief executive officer of RealSelect. “With this partnership, AOL provides a direct connection for its members and Web-based users to our resource of comprehensive home-listing information.”

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