ForSaleByOwner.com Partners with Cribfinder to Place All Property Listings on Facebook® Platform : Real Estate Leader Will Help Market Customers' L

NEW YORK (Business Wire EON) July 16, 2008 -- "More than 84% of all real estate buyers go online to find their next home and marketing all of our customers' properties on this top 10 website furthers our commitment to help people sell their home without paying commission," said Greg Healy, Vice President of Operations for ForSaleByOwner.com.

Beginning today, all ForSaleByOwner.com customers will have their property listings automatically posted to Cribfinder at no additional cost. Cribfinder offers a conventional real estate search functionality and, consistent with Facebook's social utility, allows Facebook users to see who within their network has a property for sale. Historically, many homebuyers purchase homes found through friends and family members. The Cribfinder partnership enables ForSaleByOwner.com customers to leverage this important aspect of selling a home within Facebook's community.

"Online networking is another innovative marketing approach we're using to help people build independence from commissioned real estate agents. We're pleased to partner with Cribfinder for the benefit of the growing amount of 'for sale by owner' consumers," said Healy.

Cribfinder is owned by Jenius Industries Inc., an internet company specializing in Facebook applications. Adam Oppenheimer, President of Jenius Industries Inc., said, "Cribfinder utilizes the social graph for real estate, maximizing property visibility by syndicating listings throughout Facebook. We are excited to add ForSaleByOwner's rich portfolio and popular branding to our service."

Today's news continues ForSaleByOwner.com's strategy to syndicate all of its property listings to popular Web sites. The company's listings appear on many of the Internet's leading sites including GoogleBase.com, Yahoo.com, USAToday.com, AOL.com, Oodle.com, Lycos.com, Military.com, Roost.com and Vast.com.

About ForSaleByOwner.com

ForSaleByOwner.com is the nation's leading for sale by owner website. Since 1999, ForSaleByOwner.com has saved home sellers more than one billion dollars by providing premium Internet marketing services, property pricing reports, real estate guidance and information, downloadable legal forms, as well as live customer support, to help customers independently sell their own homes. The company charges a modest fee for its wide range of advertising and real estate resources, priced from $89 to $899. In contrast, a person selling a $300,000 home through a real estate agent would be charged a 6% commission fee and pay approximately $18,000. Prospective homebuyers can browse property database, available at http://www.forsalebyowner.com, at no charge.

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