FORT LAUDERDALE, Fla., Dec. 16, 2014 (GLOBE NEWSWIRE) -- via PRWEB - RealBiz Media Group, Inc.(OTCQB: RBIZ), announced today an update of 2014 accomplishments and expectations for next year.
RealBiz's backbone is centered on its proprietary video production and distribution technology, which has produced over 10,000,000 videos in the last year, making it a leader in the real estate industry. The company's proprietary technology allows for the automated conversion of data, including text and pictures of home listings, into video with voice and music. Once created, the videos can automatically be distributed to multiple media platforms (television, broadband, web and mobile) for consumer viewing. With the move to automated creation processes in combination with emerging video adoption, RealBiz now develops custom enterprise solutions to support existing and new franchise partners.
RealBiz also enjoys access to the nation's largest real estate companies with numerous approved vendors and national contracts, substantiated by recent new contracts including over $1 million orders from national accounts. The patented technology has capability to convert 500,000 images to videos/hour. The company's Realtor relationship gives it access to over 20 independent feeds as well as List Hub and others, making it one of the largest and most current video databases in the real estate market.
"During 2014, we have transformed from a largely developmental company to a company with several unique products currently available for real estate professionals and consumers. National players in this industry are beginning to understand the value that our suite of products will bring them. As a result of all the recent developments and partnerships, the company is projecting a sizeable uptick in revenue. RealBiz is currently targeting $10 million in annual revenue during 2015, up from its current $1 million in 2014," said Bill Kerby, CEO of RealBiz Media Group, Inc.
Key drivers behind this revenue growth will come as a result of RealBiz completing the deployment of its complete product lineup of innovative video based websites, apps and marketing services. During 2014, the company acquired ReachFactor, a full-marketing agency that specialized web design, digital ad campaigns, blogging, social media management, reputation management, search engine optimization and much more. The company also launched Nestbuilder.com, the Agent MVA marketing Platform, ezflix and Nestbuilder apps in the Android version. Rounding out the product lineup will be the launching of the IOS versions of Nestbuilder and ezflix as well as the introduction of the Home and Away Club rewards programs for both agents and consumers.
The ezflix app will be used as one of the primary onboarding tools. This product is the only mobile app available to real estate agents that pre-integrates property listings from multiple listing services so that agents can then create and customize digital material such as video, mini commercials, neighborhood tours and community events to provide prospective buyers more contexts about every listing. RealBiz has distilled the complexities of digital market and providing agents with a brilliantly simple drag and drop platform that allows them to deliver the video content that their target customers crave. In 2015, the ezflix app will be targeted to the company's database of more than 350,000 real estate agents and brokers, forming a key part of the company's agent on-boarding plans.
RealBiz's platforms create a complete real estate marketing tool, integrating SEO/VSEO strategies, traffic and lead generation with mobile-friendly viewing across all devices. The company's technology provides comprehensive capabilities that others in the industry cannot include:
- Showcasing the majority of home listings presented with video
- "Agent only" social media website with SEO/VSEO and marketing assist
- The ability to offer an agent and consumer reward program
- A comprehensive agent search for consumers
- A simple drag and drop agent mobile app that creates and posts video to multiple social media platforms and websites
- Agent option to integrate and/or separate all products
- Websites with agent dashboards showing viewer engagement
The costly build out in 2014 has set the stage for RealBiz to begin accelerating revenues with one of the most comprehensive suites of real estate marketing products in the industry today. RealBiz has its eyes set on 2015 as a strong growth year.
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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