Industry News

RealEstate.com opens brokerages in West

Denver and Portland operations open
Published on Apr 20, 2006

RealEstate.com has opened two real estate brokerages in the West in the last month, following through with a plan announced last summer to enter the real estate brokerage business in select markets during the first half of 2006. The company launched a brokerage operation in Denver last Thursday and one in Portland, Ore., at the end of March, a company spokeswoman confirmed. The company has not disclosed how many brokerage offices it plans to open. RealEstate.com, an online real estate portal owned by LendingTree, provides real estate information for consumers at its Web site and helps connect them with real estate professionals. It also generates Internet business for brokers in its referral network through LendingTree.com, affinity programs with Costco and five major airlines, and other Internet channels. This is the first time the company is engaging in the brokerage business. Site visitors to RealEstate.com's listings portal can click on "Portland" or "Denver" and search for local...

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