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Douglas Elliman Joins Forces With StreetEasy and Bridge Interactive to Develop Exclusive Listing Entry Platform

Date: Nov 08, 2017

Douglas Elliman Joins ForcesWith StreetEasy and Bridge Interactive

to Develop Exclusive ListingEntry Platform

New Elliman-BrandedPlatform Streamlines Listing Entry, Seamlessly Communicates Data and InstantlyPublishes Updates

NEW YORK, November 8,2017 Douglas Elliman and two Zillow® Groupbrands, StreetEasy® and Bridge Interactive®, announced today an innovativetechnology and listing partnership that revolutionizes the way Elliman realestate agents will bring new sales and rental listings to market. Through thispartnership, Elliman, the No. 1 brokerage in New York City and the fourthlargest in the United States[i], andStreetEasy, New York City’s leading real estatemarketplace, are working together to develop an agent-facing platform thatwill allow agents to quickly and easily input, manage and market theirlistings.

“As the leading New York Cityreal estate brokerage, we wanted to partner with the leading names in realestate technology to deliver the utmost in high-touch, convenient and smartcustomer service by means of enhanced data integrity,” said Scott Durkin, COOof Douglas Elliman. “This new system will streamline our agents’ ability toaccurately input listings directly to StreetEasy or regional MLSs, effortlesslyshare their new exclusives with the rest of the brokerage community, and armbuyers and sellers throughout the market with better, more accurate data.”

The new agent-facing platformwill debut first in New York City in early 2018 in partnership with StreetEasy,who will leverage thier existing desktop and mobile interfaces agents arealready familiar with to build a one-stop, Elliman-branded platform for theirNYC agents to enter and update listings. Updates will also be instantlypublished to both Elliman’s internal systems and StreetEasy. Using BridgeInteractive to send listings to MLSs, Elliman will later expand access to thisplatform to other regions. In addition to New York City, Douglas Ellimanoperates in Long Island, Westchester, Connecticut, Florida, California andColorado. It will expand to Massachusetts later this year.

“We are incredibly excited toleverage our technological expertise to further enhance our relationship withDouglas Elliman and help improve the day-to-day business of their agents,” saidSusan Daimler, general manager of StreetEasy. “Elliman and StreetEasy share aconsumer-first philosophy that values timeliness and accuracy of data, for bothsellers and buyers. This partnership will give their agents the mosttechnologically advanced platform to input, manage and market their listings.”

“This is a whole new way ofdoing business,” said Elliman Chief Technology Officer Jeffrey Hummel. “We arenot just producing a new listing system, we are creating a way for agents tostreamline their work and ensure the listing is in perfect order before it hitsany digital media. We are automating the agent’s work, not the agent, freeingthem to do what they do best, which is advising clients around the world ontheir real estate investments.”

About Douglas Elliman RealEstate

Establishedin 1911, Douglas Elliman Real Estate is the largest brokerage in the New YorkMetropolitan area and the fourth-largest residential real estate companynationwide. With more than 7,000 agents, the company operates approximately 110offices in Manhattan, Brooklyn, Queens, New Jersey, Long Island, the Hamptons& North Fork, Westchester, Greenwich, South Florida, Colorado andCalifornia. Moreover, Douglas Elliman has a strategic global alliance withLondon-based Knight Frank Residential for business in the worldwide luxurymarkets spanning 59 countries and six continents. The company also controls aportfolio of real estate services including Douglas Elliman DevelopmentMarketing; Manhattan’s largest residential property manager, Douglas EllimanProperty Management, with over 250 buildings; and DE Commercial. For moreinformation on Douglas Elliman as well as expert commentary on emerging trendsin the real estate industry, please visit elliman.com.

About StreetEasy

StreetEasyis New York City's leading local real estate marketplace on mobile and the web,providing accurate and comprehensive for-sale and for-rent listings fromhundreds of real estate brokerages throughout New York City and the major NYCmetropolitan area. StreetEasy adds layers of proprietary data and useful searchtools to help home shoppers and real estate professionals navigate the complexreal estate markets within the five boroughs of New York City, as well asNorthern New Jersey and the Hamptons.

Launchedin 2006, StreetEasy is based in the Flatiron neighborhood of Manhattan.StreetEasy is owned and operated by Zillow Group (NASDAQ: Z and ZG).

StreetEasy,Zillow and Bridge Interactive are registered trademarks of Zillow, Inc.

(ZFIN)


[i]Based on annual rankings by Real Trends, which ranks real estate brokeragesaccording to closed sales volume: https://www.realtrends.com/rankings/real-trends-500-by-volume17s

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