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Condo.Com Launches Real Estate Social Networking Community - Empowers Global Audience to Come Together

Posted on: Wednesday, 6 June 2007, 09:00 CDT

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.

Source: Business Wire

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