Condo.com Press Center

Press Releases

Condo.com Launches “Building Expert” to Give Agents a Competitive Edge New product lets agents claim their expertise and get leads from over 10,000 buildings

MIAMI, FL., June 13th, 2008 Condo.com (www.condo.com), the World’s Largest Condo Marketplace, announced today that it has launched the “Building Expert” product on over 10,000 condo buildings across the country. The new product enables agents to claim their expertise and become the expert for one or more resale buildings on the site.

“Agents who have experience with a specific building or group of buildings can now easily demonstrate their expertise by associating their picture, name and contact information to that building each time it gets searched”, said Richard Swerdlow, CEO of Condo.com. “Buyer’s agents that want hyper-targeted exposure at the building level can now get in on Condo.com when a building is displayed in search results or on the map interface.

Matt Pluznick, VP of Strategic Development added, “We’ve automated the product as an e-commerce item so agents can easily stake their claim to buildings on the site. We kept hearing from agents that they wanted to get leads from specific buildings in which they lived or had spent time showing units, so we created this product for them. Although we have launched with 10,000 buildings, we will be adding new markets daily and agents can suggest any building they like which creates a limitless number of opportunities for them to utilize the product.”

About Condo.com
Condo.com is the world’s largest condominium marketplace with inventory valued at over $150 billion. The site lists condos in the United States and 70+ countries around the world and cost-effectively delivers exposure to developers, brokers and owners through the seamless distribution of its listings to a global network of websites visited by over 15 million viewers per month. The site serves as a thriving online community for all things condo with a wide range of resources and a social network for buyers, sellers and other professionals. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com or call 877.266.3601.www.condo.com.

Contact:
Wendy Crocquet
Athena Marketing, Inc.
954-294-6467
wendy@athena-marketing.com

Condo.com Launches New Division to Support Lenders

Global marketing portal teams with 25-year veteran to grow institutional services division

MIAMI, FL., May 28, 2008 – Condo.com, the World’s Largest Condo Marketplace, announced today that it has formed a financial institution brokerage and marketing division to assist lenders with asset management and dispositions. Jim Fried, President of Sandstone Realty Advisors, will assume the role of Director of the new division at Condo.com.

Condo.com will leverage Mr. Fried’s experience in the institutional lender arena and expand their global platform and leadership in the online multi-family marketing space. The new venture will provide institutional owners and lenders a range of services from the industry’s leader in condo marketing. Mr. Fried’s experience in the last significant market correction, as a principle with Condovest, makes him an ideal partner to champion this new division stated Richard Swerdlow, CEO of Condo.com. From 1991-1993, Condovest bought, managed and brokered portfolios of condos from the RTC, FDIC and solvent financial institutions. Jim is well versed in all phases of the special situations that occur as a property begins to fail and is eventually taken over by the lender(s), added Swerdlow. Mr. Fried’s partnership with Condo.com will provide a powerful solution to lenders who have not historically used the web to market their owned real estate.

In addition to marketing and sales, Mr. Fried’s group at Condo.com will offer asset preservation; pre-foreclosure evaluations; project repositioning; asset and property management and financial restructuring services. The venture capitalizes on Condo.com’s marketing expertise and Mr. Fried’s experience with working out condo projects. Condo.com will now be in a better position to capitalize on its nationwide brokerage capabilities and global advertising platform to serve as the exclusive broker to sell individual or blocks of units. The expanded focus will also allow Condo.com to better serve its rapidly growing list of buyers and investors.

“What excites me about the partnership with Condo.com is the market reach they have and their position as the undisputed market leader in this niche” Fried said. “With so much negativity in the industry it’s refreshing to work with a company that takes a positive approach to the market and is designed to help the industry address the complex problems it is facing” said Jim Fried. “At a time when other real estate firms are shrinking, Condo.com is expanding. Our site traffic sets new records daily and we are converting that traffic into real estate sales” he continued”. “Condo.com is committed to providing lenders with a solution that allows property sellers to make the best out of their situation. It is a privilege to form a strategic partnership with Condo.com and be able to expand on their strong platform. Our goal is to provide services to the many financial institutions that we work with on a daily basis and that, quite frankly, need our help,” added Fried.

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory of over 500,000 listings valued in excess of $100 billion. Condo.com lists condos for sale and for rent in the United States and 70+ countries around the world and cost-effectively delivers exposure and qualified leads to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of Real Estate websites visited by over 15 million viewers per month. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com.

About Sandstone Real Estate Advisors and Jim Fried
Sandstone brings 20 years of deal structuring expertise to the Florida Real Estate Market. Based in Miami, Sandstone assists real estate business people grow their businesses by providing access to capital, managing the property sales process or generating creative solutions to complex real estate problems. Form more information, visit www.ssrefla.com.

Contact:
Wendy Crocquet
Athena Marketing, Inc.
954-294-6467
wendy@athena-marketing.com

Condo.com is a Silver Lining in a Dark Real Estate Industry

Condo.com uses technology and partnerships to uncover opportunities for consumers,
realtors and developers

Condo.com uses technology and partnerships to uncover opportunities for consumers, realtors and developers

MIAMI, FL., April 22, 2008 – While many companies are struggling in today’s economy, especially in the real estate industry, Condo.com continues to experience rapid growth as the World’s Largest Condo Marketplace. Traffic to the site increased 25% in March, which generated more than 10,000 leads, over 5 million page views and over 60,000 visitor hours on the site.

At the end of 2005, the Miami Herald ran a front-page article announcing the new company, which would revolutionize the way condos are marketed, bought and sold. Condo.com has lived up to this prediction and is now creating a significant impact in a market that sorely needs positive results. When the site launched in January 2006 it had 8,000 property listings on the site. Today Condo.com has over 600,000 listings with inventory valued at $150 billion.

Condo.com anticipated the unprecedented over-supply of condos in major metropolitan areas within the United States and globally, and the resulting challenges this would impose on real estate developers and unit owners. The company creates liquidity for sellers by attracting condo buyers from around the world that are looking for a superset of all available listings. A review of Condo.com, and the opportunities it brings to the real estate market, gets even the worst real estate skeptics excited.

What makes Condo.com so valuable to the real estate industry is its comprehensive database focused solely on multi-family units for sale and for rent on a global basis. This database includes inventory from multiple sources including developers and lending institutions that are traditionally not available to consumer markets. Developer listings, auctions and REO properties are where many of the hot deals are and these remain blind spots for other real estate websites. Condo.com creates partnerships with developers and financial institutions and provides cost-effective marketing and sales support to market and sell their condo inventory. Another distinct benefit is the ability to view entire buildings and associated unit inventory as well as entire streets and neighborhoods of condo buildings to see what is available. This is especially useful for investors looking to buy large blocks of inventory.

Another key value that Condo.com offers to buyers and investors is the ability to find bargains. Everyone is wondering where the bottom is and using the unique search tools on Condo.com, buyers can efficiently do their research, look at comparisons and act quickly. “We know that part of the increase in our traffic is from bargain hunters looking for deals. You can compare price per square foot, amenities, association fees and other pertinent information across buildings, zip codes and markets to narrow down your search in minutes. Condos, unlike single-family homes are boxes in the sky, which often trade sight-unseen, like a commodity. It is the prefect real estate asset-class for a centralized marketplace,” says Richard Swerdlow, CEO of Condo.com.

Contact:
Wendy Crocquet
Athena Marketing, Inc.
954-294-6467
wendy@athena-marketing.com

Condo.com Provides Developers with Cutting Edge Lead Tracking to Increase Sales

Condo.com Partners with eRealSoft.com, Leader in Lead Tracking and Prospect Management for Unique End-to-End Solutions for Condo Developers

Condo.com, the World’s Largest Condo Marketplace, announced today that it has partnered with eRealSoft.com, the leading developer of hosted lead tracking software for the Real Estate industry. The partnership will enable Real Estate developers that utilize both programs to track and manage their leads from inquiry to closing.

Although over 85% of Real Estate searches begin online, many Internet leads are not properly tracked and managed after they’ve been delivered. As the #1 condo website in the world, Condo.com delivers over 10,000 qualified buyer leads per month. This new relationship will allow Real Estate developers that use the eRealSoft platform to seamlessly track and mange each and every Condo.com lead, maximizing return on investment and increasing the conversion rate of lead to sale, a key condo marketing metric.

The eRealSoft.com software system, including it's core condominium products, integrates leads from all of a developer's various marketing channels (including walk-ins and telephone leads, search engines, portals, Web traffic and Realtor referrals) and allows for prioritizing these based on who is most likely to buy. In addition, eRealSoft.com provides builders with total inventory control, contract management, report management, tenant reporting for condo conversion, incentives, marketing productivity outcomes and total sell out production information available anytime and anywhere.

eRealSoft.com will offer the Condo.com marketing services as a value-added component to their condo developer clients and Condo.com will develop an interface to deliver their leads into eRealSoft’s client applications. “The synergy between Condo.com and eRealSoft.com is extremely powerful in times where every lead has to be captured, managed and converted into closing cash.” stated Alejandro Fernandez, co-founder and CEO of eRealSoft.

Las Terrazas Resort and Residences in Belize developed by Coral Development is the first client to utilize both Condo.com and the eRealSoft.com platforms. Las Terrazas is an upscale resort community in Belize attracting over 50% of its leads from internet searches. Condo.com is the premier portal for potential buyers of condominium properties around the world. Using both Condo.com to obtain leads and eRealSoft.com to capture leads will allow Las Terrazas, Belize to increase its conversion ratios from leads generated from the internet at costs much lower than traditional media vehicles can provide.

“We are a lead machine for condo developers. The challenge for us is to make sure our clients convert and close on the leads”, said Richard Swerdlow, CEO of Condo.com. “The partnership with eRealSoft.com, an industry leader in back-end lead management and tracking, will now give us an integrated solution to offer advertisers, improving close rates and providing an end-to-end solution”.

About eRealSoft.com
eRealSoft.com is the leading developer of hosted lead tracking and prospect management software for the Real Estate industry. With offices in South Florida and Mumbai, India, eRealSoft offers web-deployed, prospect management and e-marketing solutions for converting prospective new home and condominium buyers into sales. Today the system is being used by hundreds of companies in the United States and Latin America. These companies have gained a competitive advantage by enthusiastically adopting cutting-edge sales automation technologies like those offered by eRealSoft.

Related Group Projects Now Featured on Condo.com

Nation’s Leading Developer Utilizes Technology and Innovation to Globally Market their Rental Inventory

MIAMI, FL., March 4, 2008 – Condo.com (www.condo.com), the World’s Largest Condo Marketplace, announced today that TRG Management, a Related Group Company, is now featuring rental properties on its industry leading website. Over 500,000 monthly visitors to the site can view a full inventory of available units for rent, along with floor plans and other available media, for three popular Miami developments.

Related Group properties featured on the site are 50 Biscayne, The Loft 2 and The New Harbour House, all recently completed projects. With premium amenities, quality construction and great locations, each of these projects are highly sought after addresses. Related Group and TRG have established a rental business to capitalize on unsold inventory and the increased number of renters during this period of market normalization. Clients interested in renting at these buildings can easily find unit details, images and contact information for the property leasing agents, streamlining the leasing process for the renter and developer.

“We are happy to partner with one of the premier developers in the country to help market their excess condo inventory as rentals” said Richard Swerdlow, CEO of Condo.com. “Through search engine marketing, our definitive domain name and the largest inventory of condos for sale and for rent in the world, Condo.com has become a destination site for buyers and renters alike. As traffic and leads continue to increase, we look forward to delivering cost-effective leads and leases for Related Group”.

About Condo.com Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory valued at over $100 billion. The site lists condos in the United States and 70+ countries around the world and cost-effectively delivers exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of websites visited by over 15 million viewers per month. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com or call 877.266.3601.

About Related Group and TRG
The Related Group was formed in 1979 and is the nation's leading builder of luxury condominiums and one of the country's premier multi-family real estate development firms. A few years later, they formed The Related Group Management Company, which later became TRG Management Company. This subsidiary was created on the premise that a professionally trained, centrally located property management staff can have a significant impact on the long-term operation and appreciation of apartment rental communities. Most recently, TRG has begun to lease and manage Related Group’s unsold or vacant unit inventory.

Condo.com Makes it Even Easier to Shop for Condos

Global Web Portal Launches New Building Gallery with Thousands of Highrise, Townhome, Luxury and Rental Buildings

MIAMI, FL., March 17, 2008 – Condo.com (www.condo.com), the World’s Largest Condo Marketplace, announced today that it has launched a new Building Gallery on the site with over 10,000 condo buildings categorized by highrise, townhome, luxury, rental community, condo hotel and more. The new functionality groups individual units into the buildings, making it even easier for buyers and renters to find their new condo.

Traditionally, real estate search sites display individual unit listings in the search results which can make searching for a property difficult and time consuming for the end user. “We’ve taken search a step further by gathering individual unit listings and grouping them into buildings,” said Richard Swerdlow, CEO of Condo.com. “Condo buyers and renters can now search for available condo properties by building in every major city and find all available properties for sale and rent along with market data for specific buildings”.

The addition of Rental Communities to the new building gallery also expands Condo.com’s business into the apartment sector and significantly broadens the universe of potential advertisers. “We found that the majority of renters do not distinguish between renting a condo or an apartment and it made sense to show both property types to support the growing site traffic”, added Swerdlow.

Matt Pluznick, VP of Strategic Marketing commented, “through search engine marketing, our definitive domain name and the largest inventory of condos for sale and for rent in the world, Condo.com has become a destination site for buyers and renters alike. The abundance of consumer traffic and leads enables us to continue to deliver effective advertising solutions to a broad range of advertisers looking to list their condos for sale and for rent. We will continue to add new functionality, like the Building Gallery, to make Condo.com a consumer-friendly experience.”

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory valued at over $100 billion. The site lists condos in the United States and 70+ countries around the world and cost-effectively delivers exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of websites visited by over 15 million viewers per month. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com or call 877.266.3601.

Condo.com Sponsors Distressed Real Estate Conference in Miami March 18-19

MIAMI, FL., March 2, 2008 – Condo.com, the World’s Largest Condo Marketplace, will be a sponsor at the upcoming conference on Distressed Residential Real Estate Investing. This prestigious event will take place on March 18-19 at the Trump Sonesta Resort in Miami Beach, FL.

“This is the perfect event for us to sponsor because our site offers a solution to both buyers and sellers of distressed residential real estate. Condo.com has a section dedicated to bulk condo opportunities, which many investors are looking for. Our website provides an easy, effective way to search for deals by multiple criteria including geographic region, specific streets or buildings, and discount percentages to name a few,” says Richard Swerdlow, CEO of Condo.com. “In a period, where news about the real estate market is mostly negative, Condo.com provides buyers and opportunistic investors with the tools to efficiently search the most extensive listing inventory of condos worldwide, while offering liquidity solutions and buyer leads to developers, brokers, and sellers.”

To schedule an appointment with Condo.com, conference attendees should email wendy@athena-marketing.com or contact Wendy Croquet at 954.294.6467.

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with over 500,000 listings from the United States and 70+ countries around the world with inventory valued at over $100 billion. The site cost-effectively delivers exposure to developers, brokers, financial institutions and other sellers through the seamless distribution of its listings to a global network of websites visited by over 15 million viewers per month. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com or call 877.266.3601.

New Product Offers Real Estate Professionals Targeted Exposure to Condo Buyers

Condo.com Launches Local Expert to Help Advertisers in Slowing Market

MIAMI, FL, January 29, 2008 – Condo.com, the World’s Largest Condo Marketplace, announced today that it has launched a new product, “Local Expert” geared towards brokers and agents. The product allows real estate professionals and others to purchase Zip Codes, Cities, Metro-Areas, Neighborhoods and Countries so that their ads are prominently displayed in all search results for the selected area of expertise.

The current climate in the real estate market, coupled with the increased usage of the Internet to search for real estate, has forced brokers and agents to find innovative ways to market their services. The Local Expert product provides real estate professionals with a cost-effective and result-driven solution for marketing themselves to buyers who conduct over 500,000 condo searches each month on Condo.com.

“There is a large audience of real estate professionals that do not have listings and who exclusively serve buyers. We developed the Local Expert product so that buyer’s agents can easily advertise their expertise to our rapidly growing local and global audience” stated Richard Swerdlow, founder and CEO of Condo.com. “Despite the current real estate market, we are seeing a growing number of buyers from around the world looking for bargains and searching for condo properties, even in the troubled markets. Now is the time for agents to promote their expertise and demonstrate a commitment to the market with smart advertising” added Swerdlow.

The Local Expert is the latest addition to a suite of self-service advertising products on the site, including the ability to self-list one or more condos for sale or rent and the Power Seller Program which enables Brokers and Agents to list unlimited condo listings for a low monthly fee.

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory of over 450,000 listings valued in excess of $100 billion. Condo.com lists condos in the United States and 70+ countries around the world and cost-effectively delivers exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Buyers can search the superset of all “for sale” and “for rent” condo listings based on a variety of search criteria, including whether the property is a “bargain” based on the price per square foot compared to other listings within the same building, city, zip code or State. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com.

1000’S of Foreclosures now Available on Condo.com

Condo.com Partners with RealtyTrac Enabling Users to Search for Condo Foreclosures Nationwide

MIAMI, FL., January 18, 2008 – Condo.com, the World’s Largest Condo Marketplace, announced today that it has partnered with RealtyTrac, the leading website for foreclosure properties, to enable users to access over 1 million default, foreclosure, auction and bank-owned properties.

During a downturn in the real estate market, foreclosures generally increase. Through the second half of 2007, there were over 1,000,000 foreclosure filings across the U.S., representing an increase in foreclosure activity of more than 50 percent compared to the same period in 2006. This new relationship with RealtyTrac will provide buyers visiting Condo.com with the ability to search for the latest foreclosure and bank-owned properties in their local markets and across the country.

All foreclosure listings offered through Condo.com will feature a property heading, description and thumbnail image. The listing will be further integrated into Condo.com’s platform later this year. “This new relationship will make it easier for homebuyers, investors and real estate agents and brokers to search and view foreclosure properties on our site” stated Richard Swerdlow, founder and CEO of Condo.com.

Foreclosure properties are the latest addition to over 450,000 condos already searchable on Condo.com including condos for sale and for rent, condo-hotels and distressed condo projects offered at bulk discounts. Condo.com is the most comprehensive resource for condos in the world and allows people to search for condos by price, location, type or by bargain, based on the prices below the average price per square foot in a building or local market.

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory of over 450,000 listings valued at one hundred billion. Condo.com lists condos in the United States and 70+ countries around the world and cost-effectively delivers exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com.

About RealtyTrac
RealtyTrac Inc. (www.realtyTrac.com) is the leading online marketplace for foreclosure properties, and one of the fastest-growing real estate sites on the Internet. RealtyTrac offers the largest national database of pre-foreclosure, foreclosure, For Sale By Owner and new home construction properties, with more than 550,000 properties across the country. RealtyTrac hosts 2 million unique monthly visitors, and provides the comprehensive property data, productivity tools and extensive professional resources that home seekers, investors and realtors need to locate, evaluate and buy real estate properties at below market value.

Condo.com Teams up with CB Richard Ellis to Jointly Market Bulk Condo Deals in Florida

MIAMI, FL., November 26, 2007 – Condo.com, the world’s first and largest online condo marketplace, today announced that it has teamed up with the Miami office of CB Richard Ellis (CBRE) to jointly market bulk condos for disposition. Condo.com has launched an “Investors” section on the website to showcase bulk condo listings being offered by CBRE’s Multi-Housing Group. Already a destination for buyers and sellers of condominiums, Condo.com will now offer wholesale real estate opportunities to help investors locate properties with bulk buying opportunities.

“The investors tab on the website provides a platform for owners and interested investors to list and view bulk condo opportunities. We are well positioned to understand the developer’s inventory and are a logical outlet for them and their lenders to showcase wholesale opportunities to a growing number of investor groups and funds” says Richard Swerdlow, CEO of Condo.com.

CBRE has added its inventory of 43 partially sold Florida condominium communities to Condo.com to gain added exposure for its clients. “We launched a site dedicated to bulk condo disposition a few months ago and are now thrilled to join up with Condo.com, a leader in online condo marketing” says Robert Given, Executive Vice President of CB Richard Ellis. “Condo.com provides an additional avenue to promote our bulk condo opportunities to private equity groups and others that want to invest in bulk condo deals.”

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory of over $100 billion. Dubbed the NASDAQ for condos, Condo.com lists condos in the United States and 70+ countries around the world. Condo.com cost-effectively delivers unparalleled international exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Condo.com also has a social networking platform with extensive user-generated content and the ability to connect in both a B2B and B2C dynamic environment. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com or dial 877.266.3601.

About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2006 revenue). With over 24,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. In 2007, CB Richard Ellis was named one of the 50 “best in class” companies by BusinessWeek, and one of the 100 fastest growing companies by Fortune.

Condo.com Press Contact:
Adam Kujacznski
Condo.com
305.476.2075
adam@condo.com

CB Richard Ellis
Robert McGrath
212.985.8267
robert.mcgrath@cbre.com

Bargain Search Now Available on Condo.com – Find the Best Deal in Your Area

Condo.com Launches New Search Functionality Enabling Consumers to Locate Discount Condos

MIAMI, FL., November 13, 2007 – Condo.com, the world’s first and largest online condo marketplace – dubbed the NASDAQ for condos – today announced the launch of new search functionality on the website that enables consumers to more effectively find condos for-sale and for-rent. In addition to navigation improvements and advanced filters to help users quickly narrow their search results to find the most relevant listings, Condo.com has added the ability to search for properties that are bargains and hot deals.

The “Bargain Search” feature allows users searching for condos to identify properties in a specific building, zip code or market that are listed for-sale or for-rent for more than 15% below the average market price on a price per square foot basis. The “hot deal” search feature allows users to search for units where the seller is offering special pricing, buyer incentives and unit discounts.

“These new features enable users to easily find value properties and results which better meet their search requirements to make more informed decisions when purchasing a condo” says Richard Swerdlow, CEO of Condo.com. “The ability to quickly search for “bargains”, sometimes up to 80% below the local area price, allows users to identify units that are the best deals among the 400,000 units listed on the site.”

The website has also incorporated boundary data for more than 12,000 neighborhoods nationwide to enable users to search by neighborhoods within major metropolitan areas. “Finding the right neighborhood is an integral part of searching for a new home that fits your needs and desires” says Matt Pluznick, VP of Strategic Marketing for Condo.com. “Enabling users to search by neighborhood also allows them to research a variety of issues such as property taxes, school choices and crime rates around the property of interest.” The new search was developed after months of usability studies and is powered by proprietary technology.

Condo.com Press Contact:
Adam Kujacznski
Condo.com
305.476.2075
adam@condo.com

Condo.com goes bilingual- Delivers First Spanish Language Online Condo Marketplace

Partnership with Terra.com Crosses Borders to Facilitate Real Estate Condo Transactions MIAMI, FL., July 23, 2007 – Condo.com, the world’s first and largest online condo marketplace – dubbed the NASDAQ for condos – today announced it has signed a partnership agreement with Terra Networks, the leading U.S. Hispanic portal and largest web access provider in Spain and Latin America, to launch the first of its kind, bilingual online condo marketplace. The co-branded website, located at bienesraices.terra.com, now delivers the only Spanish language condo marketplace devoted to serving the Hispanic and Latin American real estate communities.

“This strategic partnership will set a precedent for how U.S. and Latin American developers, real estate agents and individual sellers communicate with each other,” said Richard Swerdlow, CEO, Condo.com. “Serving the Hispanic and Latin American communities has become increasingly important to the real estate industry and Condo.com is proud to be leading the way. Our relationship with Terra will transcend the language barrier and impact the real estate community in an extremely positive way, facilitating condo transactions across all borders.”

Fernando Rodriguez, CEO for Terra Networks, agrees the partnership will have a significant impact on the Hispanic and Latin American markets. “Terra leads the U.S. Hispanic and Latin American online market, so it makes sense for us to partner with the leading online condo marketplace. We anticipate our relationship with Condo.com will have a significant impact on the Spanish speaking real estate community and look forward to building an online real estate portal, unrivaled around the world.”

Visitors to Condo.com and the partnership’s co-branded website, bienesraices.terra.com, now have the option to view, search and interact on the sites in both English and Spanish.

About Terra Networks Operations, Inc.
Terra Networks is a global Internet group with a presence in the U.S. and Latin America. The group operates some of the most popular Web sites in the United States, Spain and Latin America, and is the largest access provider in Spain and Latin America. Terra.com (www.terra.com) is the U.S. Hispanic arm of the Terra Networks group providing portal and value-added services to Spanish speaking users in the U.S. Terra is a leader in the U.S. Hispanic online market according to comScore Media Metrix and Nielsen/NetRatings.

Condo.com Press Contact:
Diane Coffey
Kel & Partners
508.366.2099, ext.117
Cell: 508.259.9584
diane@kelandpartners.com

Condo.com Launches Real Estate Social Networking Community

MIAMI, FL., July 30, 2007 – Condo.com, the world’s first and largest online condo marketplace – dubbed the NASDAQ for condos – dominates the blogosphere in the real estate industry with the launch of its “Community”. The Community is a social networking platform and listing service with added functionality and content. Designed to bring all participants in the real estate space together on a single platform, the site allows users to discuss recent sales trends, market conditions, new unit listings and other real estate topics and connect with a global audience through user generated content by providing the tools for users to list condos, post videos, blog and network – FREE of charge.

Social networking is a growing trend that has catapulted numerous online companies to success. Although several websites have attempted to grow social networks in the real estate industry, none have been able to achieve the level of success they desire – until now. Condo.com has a crucial, built-in component that others lack – a robust community of users that has already been established around the website – along with a vast amount of user generated content for participants to obtain services and support.

“Real Estate is a very social process,” said Richard Swerdlow, CEO, Condo.com. “By providing a social networking aspect to our site, along with added functionality such as free video postings and blogging to our users, we are encouraging participation in the condominium marketplace to all potential users and putting the power in their very own hands.”

Unlike single family homes, condos are a property type that is often traded, site unseen, by investors around the world. “Condo.com’s social network for this category of real estate will deliver leads and a global audience of buyers in a slowing market,” continued Swerdlow.

Using proprietary technology, individuals and companies alike are able to market themselves, their company, services or property on a global level at no cost – a valuable marketing tool in itself – simply by virtue of being a member of the Condo.com Community. The added functionality allows all participants to communicate uninhibited, whether to buy, sell, obtain services and support – making Condo.com a virtual one-stop shop for all their real estate needs.

For more information, visit www.condo.com.

About Condo.com
Condo.com (www.condo.com) is the world’s largest condominium marketplace with inventory of over $100 billion. Dubbed the NASDAQ for condos, Condo.com lists condos in the United States and 70+ countries around the world. Condo.com cost-effectively delivers unparalleled international exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Condo.com is a social networking platform with extensive user-generated content and the ability to connect in both a B2B and B2C dynamic environment. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com or dial 877.CONDO01.

The World's Largest Condo Marketplace Remains the Master of It's Domain Name

MIAMI, FL., June 5, 2007 – USCondex.com, the world’s first and largest online condo marketplace – dubbed the NASDAQ for Condos – today announced it has acquired the domain name Condo.com, and effective immediately will operate under its new domain www.condo.com. The new name easily resonates with buyers, renters, sellers and developers of condominiums around the world, identifying Condo.com as THE leading website to visit for all things condo.

The announcement comes less than two years after the successful launch of USCondex.com to the online real estate community. The name change is a significant milestone for the company, indicative of the growth it has experienced and further strengthening its leadership position in the online condominium marketplace.

“Acquiring this new domain has a huge impact on our business at hand,” said Richard Swerdlow, Chief Executive Officer for Condo.com. “As we continue to bring the world’s condo community together online, owning the premier domain name in the space will help us achieve our goal to better communicate our business model to global users and partners. Condo.com is a name that transcends language barriers, giving us a tremendous advantage over our competition as we seek to grow our business globally.”

Condo.com provides cutting edge information, functionality and tools for buyers and sellers around the world, including a social networking tool that allows users to network and connect to one another, video blog and upload virtual tours. With unmatched listing capabilities and resources offered on the site, and proprietary technology that provides users with detailed neighborhood, school and demographic information, Condo.com provides a service found no where else in the world.

For more information, visit www.condo.com.

About Condo.com
Condo.com www.condo.com is the first and fastest growing global advertising portal and listing service for condominiums. Condo.com carries the largest inventory of condominiums listed in the United States and 70+ countries around the world, valued at over $100 billion. Condo.com cost-effectively delivers unparalleled international exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month.

Online Real Estate Portal Begins Reverse Publishing into The Miami Herald

Advertisers on US Condo Exchange can now buy classified ads in the Miami Herald and El Nuevo Herald to compliment online exposure.

Miami, FL – November 21, 2006 - US Condo Exchange, LLC., a global advertising portal and international listing service for condos and townhomes announced today that they have added print classified ads to the available advertising opportunities on the site. Classified liner ads to be run in the Miami Herald and El Nuevo Herald are now available for purchase on www.uscondex.com for people seeking additional print exposure for their online listing.

Using reverse publishing technology, US Condo Exchange customers can purchase 14-day and 28-day liner ads through the site which are then posted to the Miami Herald in real time and run in Herald publications based on the customer’s desired run dates. This functionality allows the Miami Herald and US Condo Exchange to offer advertisers a mix of both print and online exposure within their marketing partnership. "The deployment of this functionality on our site creates additional value for our advertisers and our partner the Miami Herald" said CEO Richard Swerdlow. “With the new functionality we can serve as an online reseller of print classified ads and drive incremental revenues to a variety of media partners.”

US Condo Exchange is a global advertising portal and international listing service for condos. The Company currently has over 155,000 condos located in the US and in 40 countries around the world listed on the site, valued at over $60 billion. US Condo Exchange cost-effectively delivers unparalleled international exposure to developers, brokers, and for-sale-by-owner sellers. The Company also partners with major media companies to automate the listing of for-sale and for-rent condo ads.

The Miami Herald is the leading daily newspaper in South Florida reaching nearly 1.4 million readers weekly. It has a 100 year history of quality journalism and has won 18 Pulitzer prizes. The Herald is owned by the McClatchy Company, a leading newspaper and internet publisher dedicated to the values of quality journalism, free expression and community service.