Domania Corporate Site
Home > Press Releases> HomeSpace and Domania Enter Partnership

HomeSpace and Domania Enter Strategic Partnership To Provide Real Estate and Mortgage Services, Plus Home Price Data

ENGLEWOOD, Colo., Feb. 23 - Expanding its consumer advocacy tools and services, HomeSpace(tm), Inc. today announced it will offer Internet users access to home price data, under a strategic partnership with domania.com, formerly INPHO, Inc. The HomeSpace Web site (http://www.homespace.com) will feature Domania's Home Price Check, a unique searchable database of 21 million home purchase prices across the United States, plus selling dates and addresses of homes and condominiums sold over the past seven years. This service will be available through HomeSpace by April.

HomeSpace's full range of real estate and mortgage services also will be featured on Domania's new independent consumer-orientated Web site, which was previewed today at the Inman Real Estate Connect 2000 trade show in San Francisco. The site is scheduled to launch next month.

"Access to home pricing information is valuable to consumers to assist them in making a good offer when buying a home, estimating the value of their property when contemplating a home sale, challenging a property tax assessment or estimating home equity for refinancing or estate planning purposes," said Henry DeNero, Chairman and Chief Executive Officer of HomeSpace. "This is another advocacy service we can offer our customers to give them greater information and empower them even more."

As the "premier sponsor" of real estate and mortgage services, HomeSpace will offer its consumer-friendly service line to users [JM1]on the Domania Web site through search engines, links, and alerts and other messages to consumers.

"This is a partnership about giving consumers a more complete offering of the service and information they need throughout the home ownership process," said Steven Kropper, President of Domania. "More importantly, HomeSpace has a proven track record as a strong consumer advocate, providing low prices, high service levels and consumer protections on a variety of important home-related services. We are thrilled to be able to offer their services."

Domania visitors also will have access to personalized services of trained HomeSpace AdvocatesSM, unbiased representatives who serve as the customer's single point of contact and personal troubleshooter throughout the transaction process.

In addition, HomeSpace will provide a number of tools, related services and vital information designed to support consumers through every stage in the home ownership process.

About HomeSpace

HomeSpace (http://www.homespace.com) serves as the consumer's advocate for the residential experience, providing a full range of real estate, mortgage and home services, all accessible through the Internet or a toll-free call to 1-877-HOMESPACE.

Under the advocacy concept, the company provides value-pricing, superior hands- on service, information to educate the consumer, and intervention to ensure that its service partners perform to HomeSpace's rigorous customer service standards.

Established in 1997 as the exclusive provider of mortgage and real estate services to Costco Wholesale, HomeSpace has originated over 5,000 mortgages and completed more than 3,500 real estate transactions.

HomeSpace's Realtor(r) network is the first and only national service that includes brokers representing the nation's top franchises such as Better Homes and Gardens, Century 21, Coldwell Banker, ERA, Prudential, RE/Max and Realty Executives, as well as many leading independents. This nationwide network comprises brokers in 350 major markets in all 50 states, representing 70,000 agents.

The company gives consumers cash savings for using real estate brokers that are part of its network. It also helps manage the real estate transaction and provides contractual protections to consumers that are typically not available through a direct relationship with a real estate professional.

HomeSpace is the fastest-growing mortgage broker in the United States, according to the 2000 edition of the Faulkner and Gray Mortgage Broker Directory. The company offers competitively priced home loans from more than 60 national and regional lenders, including such leading financial institutions as Bank America, Chase Manhattan, and Interfirst (a division of ABN Amro).

HomeSpace also provides home services from nationally branded companies for moving, home warranties, home inspection, home security, long-distance telephone, insurance, home improvement, home/carpet cleaning, lawn care and pest control, among many other services.

Major investors in HomeSpace include: Global Retail Partners (a fund managed by Donaldson, Lufkin & Jenrette); Oak Investment Partners; Moore Capital Management; Pequot Capital Management; and Robert Zangrillo, former chairman, CEO and co-founder of Interworld. Other investors are Bluewater Capital; T. Rowe Price; and Weiss, Peck & Greer.

About domania.com

Boston, MA-based domania.com, an investment of CMGI @Ventures, was founded as INPHO, Inc. in 1989. Domania provides personalized tools and services that educate, empower and embolden consumers to optimize a lifetime of real estate transactions and decisions.

Domania operates Home Price CheckSM , a unique database of over 21 million U.S home purchase prices, and is the pre-eminent provider of free consumer access to home price data. At www.homepricecheck.com, consumers can instantly find the purchase prices, selling dates and addresses of homes and condominiums sold since 1993. In addition to Home Price Check, Domania also provides free of charge a suite of personalized tools for consumers to assess home equity, monitor neighborhood comparables and protest tax assessments.

Domania aggregates deed and tax data from a network of the country's premier regional data compilers. The Home Price Check service can also be accessed through portals such as http://realestate.yahoo.com/realestate/homevalues and http://aol.homepricecheck.com.

Realtor® is a registered trademark of the National Association of Realtors.


  Business
   Lender Services
   For Real Estate Agents
   Contact Sales

  Company
   Company Info
   Customer Service
   Careers
   Clients
   Contact Us
   Directions

  Press
   Polls
   Press Releases
   In the News
 
 
 
 
 



     
© 1998-2006 LendingTree, LLC.
  We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

© 1998 - 2008 Domania.com, a service of LendingTree, LLC. All Rights Reserved. This site is directed at, and made available to, persons in the continental U.S., Alaska and Hawaii only. LendingTree technology and processes are patented under US Patent Nos. 6,385,594 and 6,611,816.


REALTOR® - A registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.

Find Houses for Sale or real estate agents at Real Estate.com.

PARTNER SITES
Tree | HomeConnections | ImproveNet | iNest | RealEstate
Expedia | Hotels | Hotwire | GetSmart | Home Loan Center | LendingTree