RealBiz Media Group, Inc. provides digital media and marketing services for the real estate industry. The company generates revenue from advertising revenues, real estate broker commissions and referral fees. The company has three divisions, including its fully licensed real estate division; its TV media contracts (extraordinary vacation homes/third home) division; and its Real Estate Virtual Tour and Media group (Realbiz 360). The cornerstone of all three divisions is the company’s proprietary technology, which allows for an automated conversion of data (text and pictures of home listings) to a video with voice and music. The company provides video, search and purchase capabilities on multiple platform dynamics for Web, mobile, interactivity on TV and video on demand (VOD). Once a video is created using its proprietary technology, these home listing videos are automatically distributed to multiple media platforms (television, broadband, Web and mobile) for consumer viewing. Real Estate VOD Channel: The company earn fees from pre-roll/post-roll advertising, banner ads and cross-market advertising promotions. For the real estate VOD, the company plans to market the approximately 120,000 premium VOD TV residential home listings, as well as incorporate approximately 2.5 million Multiple Listing Service home listings from all major U.S. cities, with VOD and interactive capabilities for users of its real estate Website. Website and Mobile Applications: The company is developing a real estate Web portal. Home Tour Network: Home Tour Network operates in three strategic cities – Atlanta, Las Vegas, and Chicago. Research and Development The company has spent $836,000 for research and development in the fiscal year ending 2013. History The company was formerly known as Webdigs, Inc. and changed its name to RealBiz Media Group, Inc. in 2012.
realbiz media group inc (RBIZ:OTC US)
2690 Weston Road
Weston, FL 33331
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