RISMEDIA, Dec. 14, 2007-Fidelity National Real Estate Solutions (FNRES), a division of Fidelity National Financial, Inc., a Fortune 500 provider of products, services and technology solutions to the financial and real estate industries, has announced that Prem Luthra has joined FNRES as Senior Vice President Corporate Strategy and Development.Luthra will be responsible for media strategy, sales planning, and execution as well as partnership development for all of the FNRES Internet media properties. He will initially focus on Cyberhomes, FNRES’s online destination for home evaluation and neighborhood information, launched in November. He brings more than a decade of experience in the media and real estate industries, most recently as senior vice president Consumer Media at Move Inc.
“Prem Luthra has made a significant impact throughout his career in real estate,” said Jay Gaskill, FNRES president. “He has created new opportunities for real estate professionals and advertisers to engage with consumers through emerging media technologies.”
“This is an historic point in the history of Fidelity National Real Estate Solutions,” said Marty Frame, Cyberhomes general manager. “The company has built its reputation as a business-to-business powerhouse and now we’re taking all that ‘B to B’ data and putting it online in an attractive experience. Prem will play a key role as Cyberhomes emerges as the leading online destination for real estate consumers.”
“I am excited to be involved in such a landmark enterprise,” said Luthra, who assumed his responsibilities at FNRES on December 1, 2007. “We are developing an unprecedented online resource to engage consumers. And it will provide powerful benefits for everyone who serves them – from REALTORS® to regional and national advertisers.”
Luthra joined Move, Inc. formerly Homestore, Inc., in 2000 as Vice President, Corporate Development. In his three years in that position, he established online distribution relationships for the Move network, including Realtor.com, with AOL, MSN, Earthlink, Yahoo! and others. In the last four years at Move, as Senior Vice President of Consumer Media, he was responsible for leading the company’s interactive Retail business and for launching online/offline advertising solutions leveraging the company’s Welcome Wagon direct mail products.
Before joining Move in 2000 he was an early member of Realnet Learning Services (not to be confused with FNRES’s RealNet division), which delivered training and professional development curriculum to major real estate franchisors and their agents. As Realnet’s Vice President and General Sales Manager he led sales, marketing, product and business development activities.
Educated at Penn State and the University of Arizona, Luthra began his professional career by founding I.C.S., a leading provider of equipment, product and services to the steel, heavy construction, freight and equipment rental industries.
Luthra now lives with his wife and children in Newbury Park. He will be based in the Irvine office of Fidelity National Real Estate Solutions.
For more information, visit www.fnf.com.