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Vast powers Overstock.com real estate search

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Executives with online closeout retailer Overstock.com Inc. say their initial foray into the world of property listings is powered by Vast, but that they plan to add property data from multiple listing services and for-sale-by-owner aggregators to achieve comprehensive coverage of the United States. The Overtstock.com real estate search channel currently claims about 3 million listings, and will eventually let consumers shop for a loan and other real estate-related services, such as title insurance, appraisals and home inspections, company officials said. With about 15 million unique visitors a month "looking to stretch their budget" -- a figure expected to grow to 30 million around Christmas time -- expanding into real estate search was "a very natural move," said Patrick Byrne, Overstock.com chairman and CEO. While listings are concentrated on the coasts and in Texas, Idaho and Nevada, Overstock.com intends to launch a "phase two" expansion of...