to Pay AOL $14 Million for Exclusivity

AOL Interactive Services, the Internet services division of America Online, and real estate classified site signed a $14 million deal making the exclusive provider of existing home listings on the AOL service.

The Westlake, CA based site also will accessible via and AOL’s Digital City.

The agreement will bring’s more than 1 million home listings to
AOL members and users of and Digital City through an
co-branded site.

AOL said it will receive guaranteed minimum payments of $14 million over the
40-month term of the agreement, and will also share in advertising and
transaction revenues.

Links to’s home listings will be available in AOL’s newly launched Real Estate Center, the AOL Classifieds areas on both the AOL service and on, and the Digital City Real Estate areas.

Listings on include details about the property, including
location, square footage, number of bedrooms, etc., as well as asking price
and detailed maps of where the house is located.

“ is a comprehensive and powerful force in the online real
estate world, and having easy access to its over one million listings will be
a real benefit for AOL members as well as and Digital City users,”
said Barry Schuler, president, AOL Interactive Services.

Launched in March, the AOL Real Estate Center is comprised of five categories, Looking, Selling, Renting, Moving, and Financing., operated by RealSelect Inc., is the official Internet site of the National Association of Realtors and claims more than a million users each month.

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