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Coldwell Banker Northern California Unveils Sophisticated Online Home Search Device

SAN RAMON, Calif. – Coldwell Banker Northern California unveiled an innovative addition to its Web site, www.cbnorcal.com, making it the most sophisticated real estate Web site in the region.

Homing Device, as the new service is known, is an Internet home search tool that allows Web house hunters to customize an online search for homes that meet their specific search criteria, and then receive e-mail notification when listings that match their interest come onto the market.

”Homing Device may be the most significant technology development we’ve seen in local real estate in the last decade,” said Avram Goldman, the company’s president and COO. ”Coldwell Banker is famous for leading-edge technology and has set the pace for the entire industry. Response to clients in ‘real time’ is the next serious step toward Coldwell Banker’s commitment to truly remarkable service.”

The service allows clients to log on to cbnorcal.com and customize up to
five home searches identifying specific price ranges, home specifications
and/or geographic locations. Once complete the service will notify clients
daily via e-mail when new Coldwell Banker property listings matching their
criteria hit the market.

The e-mail includes a link to the day’s new listings, a photograph of the
newly listed property, an internal/external virtual tour (if available), the
price, property specifications and sales associate contact information
(including e-mail address).

”Our clients demand this level of service,” Goldman said. ”Today’s most
precious commodity is time and we realize our clients expect and deserve
instant information. Homing Device creates this opportunity.”

Coldwell Banker’s highly integrated Web site, http://www.cbnorcal.com, has become an integral part of the company’s marketing program and offers a complete
survey of property listings, virtual tours, open homes, list of offices and sales associates and Previews Estate listings (the company’s luxury marketing program). Cbnorcal.com includes nearly 100 percent of the organization’s current inventory online and attracts as many as 60,000 user sessions per month.

Coldwell Banker Northern California owns and operates more than 70 offices in Northern California with over 3,100 sales associates in Alameda, Contra Costa, El Dorado, Marin, Monterey, Placer, Sacramento, San Francisco, Santa Clara, San Mateo and Sonoma counties.

Coldwell Banker Northern California is a subsidiary of NRT Inc., the
nation’s largest residential real estate company. NRT has more than
730 offices and 33,000 sales associates in 20 major metropolitan markets
across the United States. Coldwell Banker Northern California is also a
franchised brokerage within the Coldwell Banker system, which encompasses
nearly 3,000 franchised real estate offices and more than 70,000 sales
associates throughout the world.

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