SecondSpace Launches Web Sites in Canada and the UK With World’s Largest Selection of Vacation Homes and Land for Sale

Posted on May 14, 2008 
Filed Under Internet, Web 2.0

WASHINGTON, May 14 /PRNewswire/ — National Association of REALTORS(R)
Midyear Conference — SecondSpace, Inc., the leading online marketplace
exclusively focused on second homes and recreational retreats, today
announced the launch of ResortScape.CA, ResortScape.Co.UK, and
LandWatch.Co.UK. These new Web sites help Canadian and UK residents find
their perfect second home from over 600,000 vacation properties, new
developments, luxury condos, villas, ski chalets, cottages, homesites,
ranches and acreages in highly desirable destinations in the U.S., Canada
and over 40 other countries. The sites are powered by SecondSpace’s highly
scalable Web services platform and an intelligent listings switch which
sorts over 1.5 million property listings to determine those that uniquely
match the “second home” lifestyle.

“The global market for second homes and land continues to see
considerable cross-border buying activity, driven largely by Baby Boomers
and buyers interested in overseas investment opportunities,” said Anil H.P.
Pereira, founder and CEO of SecondSpace. “Our new Canadian and UK Web sites
give consumers a unique lens into over 600,000 lifestyle properties and
bring great value to real estate professionals looking to connect with
highly motivated out-of-region buyers.”

With the strength of the Canadian dollar and British pound, U.S. real
estate professionals continue to look for ways to tap into foreign markets
to gain exposure for their listings and generate highly qualified
referrals. A recent report by the National Association of REALTORS(R)
showed that overseas buyers continue to see the U.S. as an attractive
market in which to purchase vacation, recreation or investment property.
More than one in five U.S. real estate professionals served an
international client in the past year with Canada and the UK comprising two
of the top three markets generating foreign demand.

Converting qualified traffic into sales is the essence of any good
online marketplace. Josee Legault, chartered real estate agent and owner of
La Capitale brokerage serving the Mont-Tremblant region in Quebec can
attest to this fact: “I recently sold a property to a UK-based buyer
through the SecondSpace network so, simply put, I know that LandWatch and
ResortScape work,” said Ms Legault.

Real estate brokerages and agents who upload their listings into the
SecondSpace(TM) network via ResortScape.com or LandWatch.Com automatically
gain syndication into the new ResortScape.CA, ResortScape.co.UK and
LandWatch.co.UK Web sites. Listings can be uploaded via one of
SecondSpace’s many supported partners or through a convenient self-service
Web-based upload tool found on the sites. Agents interested in featured
placement on LandWatch can subscribe to “showcase” listings beginning at
$199/month and “premium” listings beginning at only $49/month. Master
brokers and developers can showcase amenity communities on ResortScape
beginning at $1,000/month.

SecondSpace’s Web sites leverage the power of the company’s highly
scalable “semantic web” platform which includes a unique natural language
search engine; region-, lifestyle- and amenity-based navigation and
filtering; a proprietary behavioral targeting engine; and an intelligent
listings switch that syndicates properties to the appropriate vertical Web
site based on sophisticated algorithms analyzing over 80 region- and
property-specific attributes.

About SecondSpace

SecondSpace, Inc. (http://www.SecondSpace.com) is an online services
company operating a network of highly immersive Web sites that enable
people to make the most of the “second home” lifestyle. The company’s sites
– which now include ResortScape.CA, ResortScape.co.UK and LandWatch.co.UK
– connect out-of-region buyers with knowledgeable professionals who have a
local presence in thousands of rural and resort communities across the
Americas and around the world. SecondSpace’s sites are powered by the
company’s innovative, patent-pending Lifestyle Search & Discovery(TM)
platform. The company is headquartered in Bellevue, WA, USA and led by a
team of internet veterans with backgrounds from Amazon.com, American
Express, Classmates.com, IMDb, Microsoft, VeriSign, Trendwest and other
leading companies.

SOURCE SecondSpace, Inc.

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