Condo.com Goes Bilingual–Delivers First Spanish Language Online Condo Marketplace

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RISMEDIA, July 25, 2007–Condo.com, has announced it has signed a partnership agreement with Terra Networks, a U.S. Hispanic portal and Web access provider in Spain and Latin America, to launch the first of its kind, bilingual online condo marketplace. The co-branded Web site, located at bienesraices.terra.com, now delivers the only Spanish language condo marketplace devoted to serving the Hispanic and Latin American real estate communities.

“This strategic partnership will set a precedent for how U.S. and Latin American developers, real estate agents and individual sellers communicate with each other,” said Richard Swerdlow, CEO, Condo.com. “Serving the Hispanic and Latin American communities has become increasingly important to the real estate industry and Condo.com is proud to be leading the way. Our relationship with Terra will transcend the language barrier and impact the real estate community in an extremely positive way, facilitating condo transactions across all borders.”

Fernando Rodriguez, CEO for Terra Networks, agrees the partnership will have a significant impact on the Hispanic and Latin American markets. “Terra leads the U.S. Hispanic and Latin American online market, so it makes sense for us to partner with the leading online condo marketplace. We anticipate our relationship with Condo.com will have a significant impact on the Spanish speaking real estate community and look forward to building an online real estate portal, unrivaled around the world.”

Visitors to Condo.com and the partnership’s co-branded website, bienesraices.terra.com, now have the option to view, search and interact on the sites in both English and Spanish.

For more information, visit www.condo.com or dial 877.CONDO01.

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