For release:
July 15, 2008

LOS ANGELES (July 15) – Real Estate Business Services Inc. (REBS) and the Austin Board of REALTORS® (ABoR) today announced that ABoR has signed an agreement to provide Clarus™ MarketMetrics as a free member benefit. Clarus™ MarketMetrics retails for $360 for an annual subscription.

ABoR, with nearly 10,000 MLS members, is among the growing number of REALTOR® associations nationwide providing their members with the competitive advantage they need in today’s challenging marketplace through Clarus™ MarketMetrics.

Clarus™ MarketMetrics is designed to enhance a REALTOR®’s real estate market knowledge using market-oriented, comprehensive Web-based tools. Launched April 1, Clarus™ MarketMetrics positions the REALTOR® as the consumer’s trusted advisor by providing up-to-date, relevant local market data that even the savviest client will value.

“Clarus™ MarketMetrics strengthens our members’ position as the experts of the Austin real estate market by providing them with instant access to market trends and pricing analysis using MLS data,” said Beth Gatlin, director of member services at the Austin Board of REALTORS®. “This product differentiates our members by enabling them to communicate market insights to their clients more effectively.”

Clarus™ MarketMetrics is one of the latest tools in the Clarus™ REsource product line provided by REBS.

The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,000 licensed REALTORS® in Central Texas.

Clarus™ Market Metrics is powered by Terradatum Inc., a provider of real estate technology products based in Glen Ellen, Calif. All agreements regarding the MLS data are between Terradatum and the participating MLS.

Real Estate Business Services Inc. (REBS) is a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and is the leading provider of real estate products and services to practitioners in California. Through its RE FormsNet (REFN) subsidiary, REBS is the creator of ZipForm® and WINForms® electronic forms software, available to more than 1,055,000 REALTORS® nationwide.

Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with nearly 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.