Tribune Co. said today that its Tribune Interactive subsidiary has purchased ForSaleByOwner.com, a national real estate site that connects home buyers and sellers through private-party residential property listings.

Terms of the acquisition were not disclosed.

Homeowners pay an advertising fee to list a home for sale on ForSaleByOwner.com and prospective home buyers can browse the database of properties at no charge. Advertising services range in price from approximately $90 to $900.

The site currently lists tens of thousands of homes, according to company estimates. In 2005, ForSaleByOwner.com had more than 1.6 million average monthly unique visitors, making it a top 10 real estate site according to comScore Media Metrix.

“Our acquisition of ForSaleByOwner.com extends our long history of providing consumers with the opportunity to advertise a home for sale as a private party listing,” said Tim Landon, president of Tribune Interactive. “We also remain strongly committed to Realtors, to whom a majority of consumers turn for real estate transactions.”

ForSaleByOwner also offers home buying and selling guides, moving services, neighborhood information, and home improvement advice and tutorials.

Tribune Interactive manages the interactive operations of major daily newspapers such as the Los Angeles Times, Chicago Tribune, Newsday and their associated Web sites, plus all aspects of Tribune’s print and online classified advertising operations. Its national classified sites include CareerBuilder.com, Cars.com and Apartments.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Prepare for this fall with top agents & brokers at Connect Now this Tuesday.GET YOUR TICKET×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription