Fact Sheet

Facts About iNest Realty

PROFILE:	iNest Realty Inc. (www.iNest.com) is the leading real estate broker specializing in newly constructed homes. iNest provides home buyers with the necessary tools to facilitate their search for and purchase of newly constructed homes in 85 percent of the top home building markets in the U.S.
RESULTS:	Based in suburban Chicago, iNest is a subsidiary of RealEstate.com, a business unit of IAC/InterActiveCorp (NASDAQ: IACI). iNest reached an important milestone in August 2006 by assisting its 15,000th client with the purchase of a newly-constructed home. iNest's clients have purchased homes through this innovative service with a total value of over $2 billion since the company's founding in 1997.
CONSUMER BENEFITS:	Unlike other real estate brokers that merely use websites as an adjunct to their traditional business models, iNest's service was developed from the ground up to take full advantage of the Internet and save home buyers valuable time and money. Consumers benefit from using iNest Realty in a variety of ways, including: Receiving a cash rebate of 1% of the home's base price; Accessing iNest's comprehensive directory of 12,000 new home communities by top builders in 30 states; Ability to view home styles and floor plans online; Availability of New Home Specialists 7 days a week to guide users through the buying process. iNest Realty currently serves new home buyers in Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin.
PARTICIPATING BUILDERS:	Among many others, participating builders include: • Lennar Homes • DR Horton • Standard Pacific • Pulte Homes • M/I Homes • Ryland Homes • Centex Homes • Shea Homes • Continental Homes
BUSINESS PARTNERS:	Our partner builders enjoy distribution in some of the leading real estate destinations on the Internet, including RealEstate.com; RealEstateJournal.com, the Wall Street Journal's Guide to Property; and HomeGain, an Internet consumer-to-real estate agent matching service; plus many more. These relationships not only provide much broader access of builders' communities to potential homebuyers, it validates iNest's position as the nation's leading broker of newly constructed homes.
MANAGEMENT:	Vince Halama, General Manager and Vice President of Sales, works directly with iNest’s industry leading customer base of 1,400 featured builders in addition to having General Manager responsibilities. Vince has been with iNest for eight years, during which time the company grew from a venture capital backed start up into a recognized industry leader. During his tenure as Vice President of Sales, the company generated sales of 16,000 newly constructed homes, which resulted in nearly $4B in incremental sales volume for its featured builder partners. iNest has grown to become the country's leading real estate broker specializing in newly constructed homes and is now a portfolio company of IAC/InterActive Corp. Builders rely on iNest to generate incremental sales amid an increasingly competitive landscape.
HEADQUARTERS:	113 Fairfield Way, Suite 304 Bloomingdale, IL 60108
FOR FURTHER INFORMATION:	Randy Pickard, Vice President Ph: 630-529-3554 randy.pickard@iNest.com