Together, these tools allow
RealEstate.

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----"There is a
revolution underway in the real estate business, and the revolution is
being driven by the phenomenal increase in the use of the internet by
real estate consumers," said Ray Whitmer, CEO and founder of
www. Internet savvy home sellers want to find and review local
agents online, list their home online, find mortgages online, and find
new homes online.

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More Consumers Than Ever Using Internet as First Step in Finding a Home



Contact: Kaci Kuhnhoff/John Moore
404-262-3000
john.

Includes information, strategies

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The
opportunity is ripe," said Whitmer.

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Internet Real Estate Listing Website listathome.com Is Available For Lease

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C.

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Why have so many decided to forgo renting in favor of
owning? With all of the information available on the Internet, it has never
been easier to get educated about buying a home.
"From finding a home right through to closing their transaction , Internet
users typically save themselves and their agent time and effort.

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com
RealEstate. For the astute real estate professionals, the business future
is very bright," said Whitmer.

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About RealEstate.com is owned and operated by LendingTree, LLC, which is part of
IAC Financial Services and Real Estate, an operating business of
IAC/InterActiveCorp (Nasdaq: IACI), which also owns or operates LendingTree
Loans, LendingTree Settlement Services, LLC, GetSmart Lending(R), Domania , and
iNest. "Home Sellers are clearly demanding change in the
traditional real estate process , from the listing of the home through
the closing.
"One of the biggest ongoing challenges for real estate
professionals is generating solid listing leads.

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CHARLOTTE, N."

Additional survey findings:
- Tech-savvy consumers have information at their fingertips: 27 percent
of respondents located their real estate agent online, while 18 percent
used the Internet to research home values.
- Personal connections remain important -. The incredible rise in the usage of the internet may be
ignored by some, but the facts cannot be denied.


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"Internet shoppers are shaping up to be more efficient customers for real
estate professionals," said Jeff Lyons, general manager of RealEstate. There is considerable
loss of time and money in the pursuit of listings.

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com.

Sites containing general information of interest to anyone in the market for purchasing a home.

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com.moore@edelman.
"There are many real estate brokers and agents around the nation
that are resisting the move to the internet.

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com, 40 percent of homeowners said they used the Internet to
research home listings at the beginning of their search of 2,000.

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64 percent of respondents
found a real estate agent by word of mouth. This one-stop-shop
offers a personalized roadmap , access to more than one million home listings,
exclusive Find-a-REALTOR(R) and Find-a-Builder matching services, free home
valuation tools, dedicated customer care representatives available nearly
round -the-clock, and valuable rebate offers. Any website that does not offer these features is of
little or no benefit at all," Whitmer said.

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According to a recent survey of 2,000 homeowners conducted for
RealEstate.com will
produce a consistent high level of pre-qualified listing leads 24/7,
365 days a year, while serving the demands of the consumer.

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, In 2004, 69 percent of American
households lived in a home they owned, according to the Census Bureau, making
it a record year.

Business Editors

GULFPORT, Miss. Listathome. It is our
hope to lease this website to a national real estate firm such as
Coldwell Banker, ReMax, or Century 21," Whitmer said.

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com offers consumers a better way to buy or sell a home through
a comprehensive suite of real estate services, tools and content as they
progress through their home buying or selling process.com to simplify the often-complex real estate transaction and help
consumers save time, money, and aggravation.
RealEstate.com


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As these brokers and
agents go out of business, it will provide more business for the
astute . "Those who are first to best serve the
desires and demands of the consumer will reap tremendous rewards.

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listathome. Only 2% of home
buyers + sellers used the internet in 1995, which has grown to a
whopping 85% today, and continuing to grow! The growth of FSBO
Websites is a testament to the desires and demands of real estate
consumers.

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- They're also going into the transaction more prepared: 63 percent of
respondents said they had already saved for a down payment when they
began to look for a new home.

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