Industry NewsNews Brief

Realtor.com goes global

International site showcases U.S. listings to foreign buyers, carries foreign listings

Realtor.com operator Move Inc. says a new version of the listing portal that's targeted at international buyers will help brokers and agents grab a piece of an estimated $82 billion in annual sales of U.S. residential properties to foreign buyers.In development for a year, Realtor.com International launched today with 4.4 million listings and translation capabilities in 11 languages, including "double byte" character languages such as Chinese, Japanese and Korean that can pose challenges for programmers.Like other listing portals aimed at the jet set, Realtor.com International provides other tools designed to make foreign buyers feel more at home, converting property dimensions from square feet into square meters and list prices from U.S. dollars into widely used currencies such as the euro and yuan.Thanks to its ties to the National Association of Realtors -- Move operates the website under the terms of an agreement with NAR -- Realtor.com has nearly total coverage of the U....

Comments