New Realtor.com to launch in beta

Move initiates dialogue with NAR on operating agreement

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Realtor.com operator Move Inc. says it’s about to launch the next version of the Web’s most-visited real estate portal in beta test mode to provide consumers with improved access to sold and off-market property data, and is currently engaged in a "dialogue" with the National Association of Realtors about its agreement to run the website.

Move’s operating agreement with NAR to operate Realtor.com is now 14 years old, CEO Steve Berkowitz told investors in a conference call discussion of first-quarter results.

Move will launch a beta test version of the overhauled site in the next few weeks, he said, and would like additional clarity from NAR "to understand what, and how things can get done" so that Realtor.com can remain competitive.