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Aug 27, 2002

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Myers Enters R.E. Web Site Market


Myers Enters R.E. Web Site Market

RISMEDIA, Aug. 1 -- Myers Internet, Inc., a leading provider of Internet infrastructure to the mortgage industry, is entering the real estate agent and office marketplace.

The comoany has been profitable for four consecutive quarters, with sales and profits increasing every quarter.

"In a time when most companies are struggling to survive, our business model has proven to be sustainable and profitable. The Myers strategy of providing robust, highly-functional, low-cost Web sites, along with powerful back office technology and lead generation options is proving to be a winning combination," Myers CEO Warren H. Myer says. "We have spent the last seven years building the best technology in the market place that is easy to use, affordable and helps saves real estate professionals both time and money."

In the mortgage broker space, the company holds a 40% market share of all mortgage broker Web sites. In addition, Myer says he believes the firm is capturing over 60% of all new mortgage broker Web sites, while at the same time experiencing very high client retention rates.

"Our entry into the real estate Web site market will provide us with substantial growth opportunities over the next two years," Myer says. "The majority of real estate agents and offices do not have robust, highly-functional web sites and we hope to become a leading player in this market."

Myers solutions allow for a completely electronic transaction, connecting consumers with originators and originators with lenders and service providers. Using Myers' Webwiz technology, an originator can build a state-of-the-art customized Web site in minutes. Myers' Originator Network enables originators to shop rates, process loans and connect to lenders electronically, resulting in faster processing and reduced costs.

Myers' electronic community is comprised of 7,000 brokerage companies with more than 30,000 originators. Its mortgage-related sites include OriginatorNetwork.com, Websuite.com, BestRate.com and LoanApp.com.

For more information visit www.myersinternet.com.

RISMEDIA welcomes your questions and comments. Send your e-mail to: editorial@rismedia.com.


 


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