FORT LAUDERDALE, FL – May 27, 2015 – RealBiz Media Group, Inc. (OTCQB: RBIZ), is pleased to announce that after several months of development, the company has rolled out key upgrades to its agent and enterprise video platforms. PowerAgent now includes a unique lead generation program for its agents. A member of PowerAgent can select a property they want to feature by clicking the Promote a Listing button, enter the amount they want to spend and the feature is automatically enabled. Initial testing results indicate that for as little as $200, an agent will generate between 50 and 100 genuine leads for their property on sale. Of key note is the favorable pricing structure offered by Promote a Listing as agents within the industry commonly pay other services between $20 and $65 per lead. The “Promote a Listing” platform delivers exclusive leads at a fraction of the typical current market rate.
While this upgrade will target the 1.4 million registered real estate agents in the U.S., of greater importance is the ability of the product to work for the roughly 800,000 agents who find themselves throughout the course of the year without a listing. The Promote a Listing platform allows these agents to select a property in their local area and promote it (in compliance with local MLS rules) so they can generate potential buyer leads. For a very affordable price, agents can now create awareness, enhance their consumer reach and potentially generate both buyers and new listing opportunities by utilizing the product.
This is a significant breakthrough for the company as PowerAgent has largely completed its build and is able to deliver on the 3 L’s for real estate: Listings, Leads and Loyalty. In short, PowerAgent now offers a complete ecosystem for agents with:
LISTINGS – access to millions of video listings that they can enhance through tools like the ezflix app
LEADS – lead generation and social media awareness through Promote a Listing and ReachFactor
LOYALTY – via Home & Away Club points program and the Nestbuilder Agent App.
Additionally, the company is proud to report the launch of its new and improved video application which is currently being phased into its large enterprise and broker Micro Video App (MVA) accounts. The new videos incorporate many changes and improvements to the creation process of the videos to automatically integrate text overlays, animation expansion, as well as music and voice over solutions. Additionally, there are now upgrade options available for an additional cost that will allow enterprise clients the capability to produce beautiful HD videos, advertising insertion and print capabilities. These technical upgrade enhancements greatly improved the quality and the user experience of each video.
“We are anticipating that we will initially add over 200 new agents utilizing Promote a Listing each month. In our first year we are targeting to have several thousand real estate agents utilizing a cross section of our products and paying monthly fees to increase their productivity.” said Alex Aliksanyan RealBiz CIO/COO.
About RealBiz Media Group, Inc. RealBiz Media Group, Inc. is a real estate digital media and technology company whose proprietary video processing technology makes it one of the leaders in providing home video tours to the real estate industry. Its client base reaches more than 350,000 real estate agents and brokers. The company provides a series of products including a consumer portal at http://www.nestbuilder.com, an agent-only platform known as Nestbuilder Agent, an agent social media and marketing solution known as ReachFactor, a growing MVA network, virtual tours and mobile apps. The company enjoys access to many of the nation’s largest real estate companies with numerous approved vendors and national contracts.
RealBiz Media Group, Inc. (OTCQB: RBIZ) trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com.
Safe Harbor Statement This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact: Chesapeake Group
+1 (410) 825-3930