Move, Inc. (NASDAQ:MOVE)

CAPS Rating: 2 out of 5

The Company has created an online service that enables consumers to find real estate listings and other content related to residential real estate, moving and relocation.

Recs

2
Player Avatar MayberryMac (< 20) Submitted: 11/21/2006 3:01:40 PM : Outperform Start Price: $21.56 MOVE Score: -62.22

In theory, should do MUCH better in down RE market. In a soft RE market, on-line vendors like MOVE cost less than newspaper ads and deliver measurable results. However, intertia/habit of RE agents make on-line vehicles a tough sell, especially when trying to impress sellers desparate to sell. MOVE could/should do a better job of changing herd mentality, selling measurable performance vs. CYA of newspaper ads. If they keep their marketing expenses down, I think they will show impressive results contrary to conventional wisdom.

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