PropertyShark.com Surpasses a Quarter Million Registered Real Estate Professionals

New York City, June 7th, 2007 – PropertyShark.com, the premier real estate data site, today announced passing the milestone for a quarter million registered real estate professionals and investors. Not simply just site visitors, the quarter million consists of fully registered users.

PropertyShark.com has quickly been adopted by the entire ecosystem of real estate professionals, including real estate developers, investors, commercial brokers, residential realtors, property appraisers, mortgage brokers, lenders, REITS, property insurers, lawyers, architects, property managers and real estate acquisitions companies.

PropertyShark.com includes residential and commercial property reports, a comparables sales search tool, foreclosure listings, photos, and specialized real estate maps, aggregating information from thousands of sources into the site. Markets include Los Angeles, New York City, Miami, Seattle, Boston, Austin, Houston, Philadelphia, San Francisco, Washington DC, and all of New York State and New Jersey.

“While many property research sites appear to be bent on damaging the livelihoods of industry professionals, PropertyShark.com leverages information and technology to empower real estate professionals,” said Ryan Slack, chief executive officer, PropertyShark.com. “We provide reports, data, and tools for the entire spectrum of real estate professionals and we continue to innovate to support the business needs of the industry.”

PropertyShark.com offers brokers point-and-click comparables reports, complimentary For Sale listings and detailed property information. For developers and investors, the site has owner information, zoning, air rights, and property valuation tools to help identify and evaluate opportunities that may not even be on the market. For appraisers, PropertyShark.com provides recent sales comparables search tools and photos. For insurers and lenders the site has property characteristics and hazard data such as earthquake information, construction type and FEMA flood maps.

###

With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property tax, sophisticated maps, apartments for sale, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com