March 10, 2003
Belo Interactive to launch HomeCenter, Online Classified Real Estate Resource, on 11 web sites
Dallas, TX --Belo Interactive, the Internet subsidiary of Belo Corp., announced today that HomeCenter, a new classifieds section offering a comprehensive real estate resource, has launched on DallasNews.com and will be introduced on 10 other Belo television- and newspaper-affiliated Web sites in the coming months. HomeCenter offers consumers a comprehensive, one-stop destination for buying, selling, renting, moving, financing and researching residential real estate and, in Dallas, commercial real estate as well.
With HomeCenter, Belo Interactive delivers consumers a broad suite of personalized classified products online. The site is located at HomeCenter.DallasNews.com and provides online search capabilities for newspaper real estate listings and local realtor and real estate brokerage listings. It also combines the power of several third-party vendors to create a wide-reaching real estate marketplace.
"Whether renting an apartment, locating a homebuilder, selling your current home, or simply developing a moving-day checklist, HomeCenter empowers consumers to research and manage any real estate need quickly and easily," said Eric Christensen, vice president/General Manager for Belo Interactive.
For DallasNews.com, HomeCenter gathers the features and functionality of such third-party resources as HomeScape.com, a software solution provided by Classified Ventures that enables Belo Interactive to develop a comprehensive, local, one-stop online destination for researching residential real estate.
HomeCenter on DallasNews.com will also feature CityFeet.com, the leading online resource for commercial real estate connecting tenants and investors with property owners, agents and other real estate professionals.
The site will also include the functionality of NewHomeSource.com, a national home marketplace focused specifically on the new home market, providing prospective homebuyers with a comprehensive selection of new homes available on the Web. In addition, HomeCenter on DallasNews.com will feature real estate listings for acreages, farms, ranches, lake and vacation property.
In other Belo Interactive markets, HomeCenter will utilize a real estate software solution from Morris Communications' online division, Morris Digital Works, to collect residential listings from realtors, new homes from builders and classified listings.
"This solution will dramatically increase our ability to serve the real estate community by creating a comprehensive local market resource for consumers. We are creating the perfect environment to bring buyers and renters of real estate together with sellers and leasers," Christensen said.
About Belo Interactive
Belo Interactive is the Internet subsidiary of Dallas-based Belo Corp., one of the nation's largest media companies with a diversified group of market-leading television, newspaper, cable and interactive media assets. A Fortune 1000 company with approximately 7,800 employees and $1.4 billion in annual revenues, Belo operates news and information franchises in some of America's most dynamic markets and regions, including Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic region. Belo owns 19 television stations (six in the top 16 markets) reaching 13.7 percent of U.S. television households; owns or operates six cable news channels; and manages one television station through a local marketing agreement. Belo publishes four daily newspapers: The Dallas Morning News, The Providence Journal, The Press- Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). Belo Interactive's new media businesses include 34 Web sites, several interactive alliances, and a broad range of Internet-based products. Additional information is available online at http://www.belointeractive.com. For more information, contact Linda Fisk, vice president/Marketing, at 214-977-4017.