F O R   I M M E D I A T E   R E L E A S E

Realtor.com® goes live with VisualTour

Westlake Village, CA. September 5, 2003 --REALTOR.com®, the number one online home and real estate destination and official Web site of the NATIONAL ASSOCIATION OF REALTORS®, today announced that it has completed the integration of VisualTour.com's virtual tour product offering into its PicturePathT Program. As a result, VisualTour.com customers can now quickly and easily post their virtual tours directly on the REALTOR.com® Web site. In addition, REALTORS® will now receive even more exposure for their listings through the Virtual Tour Distribution Network, which includes more than 600 national, regional, broker, office and branded real estate Web sites that accept virtual tours from REALTORS.com®. (Listings must be active on these sites in order for virtual tours to appear.)

"We recognize that real estate professionals have a number of choices in the imaging and virtual tour solution space. We are pleased to have our REALTOR.com® Web site compatible with an additional popular virtual tour solution and believe that relationships such as this continue to enhance our customers' exposure for their property listings," said Allan Dalton, president of REALTOR.com®. "At REALTOR.com, our virtual tour search option is used more than 100,000 times a day by consumers who want to look beyond the traditional static photo. We continue to see growth in this area as more and more consumers demand that their properties receive the highest level of exposure in the marketplace."

PicturePathT virtual tours delivered through VisualTour.com are seamlessly integrated into the REALTOR.com® Web site, and will benefit from popular features like the "Virtual Tours First" search ranking. This integration initiative between REALTOR.com® and VisualTour.com, first announced in May 2003, ensures that VisualTour's virtual tour products are exposed to the largest audience of potential homebuyers.

Steve Jarrell, VisualTour.com's chief executive officer, commented, "By teaming up with REALTOR.com®, we are helping our customers take full advantage of the additional exposure that REALTOR.com® and the Virtual Tour Distribution Network grant to listings with virtual tours, including the 'spinning house' icon and the 'Virtual Tours First' search ranking. With this new service option, VisualTour customers will have increased, targeted visibility for their listings, providing them with a new opportunity to market themselves online."

For more information about the PicturePathT virtual tour partnership program or other virtual tours services from REALTOR.com®, visit http://imaging.realtor.com or email technical support at vtdistribution@realtor.com.