RealBiz Media Group, Inc. Expands To Mobile As Test Results Prove Positive

New consumer app, NestBuilder Mobile, development completed


FT. LAUDERDALE, Fla., Oct. 16, 2014 (GLOBE NEWSWIRE) -- via PRWEB - RealBiz Media Group, Inc. (OTCQB: RBIZ), announced today that it has completed development of a new consumer app, NestBuilder Mobile. The completion of the app marks a new era for NestBuilder, as the launch coincides with significant traffic growth from real estate agents and users alike. The app will be made publicly available in the Google Play store within the next 48 hours for free.

The timing of the release comes after a successful test of the NestBuilder platform. Results were taken from 1,500 real estate agents who participated in a "free trial" of the NestBuilder Agent platform. The website helps agents, with or without listings, market themselves to prospective clients. NestBuilder reported a month-over-month traffic increase of 92% from August to September, which can be attributed to a growing number of consumers using the site to browse listing videos and contact agents.

"Agents have helped us identify additional site enhancements with the number one request being a mobile platform. To this end both the Nestbuilder Mobile consumer app and the EzFlix agent app will be integrated into the site shortly. While it is still in its early days, the traffic increase is encouraging. What really gets us excited is the increase in leads agents are receiving," stated Bill Kerby, CEO. Agent leads have increased 262% month-over-month from August to September, and that number is steadily growing. Agents are using the website to market themselves and their properties to consumers; the growth in leads is a clear indicator that the model is working for active agents.

"We know that over 77% of home shoppers do research on their mobile phone or tablet, and NestBuilder Mobile is the perfect way for us to capture that traffic," said Kerby. "When you take into account that we are one of the first and only mobile apps that includes videos in our listings, you have a formula for rapid success." With over 70% of home buyers using video to tour homes online, NestBuilder Mobile is positioning itself as a disruptor, bringing both agents and consumers a unique app that satisfies the demands of today's market.

About RealBiz Media Group, Inc.

RealBiz Media Group, Inc. is a real estate digital media and technology company whose proprietary video processing technology makes it one of the leaders in providing home video tours to the real estate industry. Its client base reaches more than 350,000 real estate agents and brokers. The company provides a series of products including a consumer portal at http://www.nestbuilder.com, an agent-only platform known as Nestbuilder Agent, an agent social media and marketing solution known as ReachFactor, a growing MVA network, virtual tours and mobile apps. The company enjoys access to many of the nation's largest real estate companies with numerous approved vendors and national contracts.

Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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