i-Incubator.com Launches Beta Version Of i-RealtyAuction.com Site; New Full Service Real Estate Auction Site
14 December 2000
i-Incubator.com Launches Beta Version Of i-RealtyAuction.com Site; New Full Service Real Estate Auction Site
NEW YORK--Dec. 14, 2000--Internet incubator i-Incubator.com, Inc.'s (OTCBB:INQU) wholly-owned subsidiary i-RealtyAuction.com today announced the beta launch of its full service online auction site for residential real estate. T he site is located at http://www.i-realtyauction.com.In addition to the auction, the i-RealtyAuction site features a comprehensive offering of user-friendly services needed to execute the buying and selling of residential real estate in a secure environment. Some of these value-added services include:
- Mortgages through MortgageIT.com
- Home insurance quote comparison through Quotesmith.com
- Uploaded real estate photos through Imagehost technology
- Home price checks through Domania.com
- Credit report research through Qspace.com
- Hazard reports covering earthquakes, floods, fires, and toxic waste through Vista info.com
- Home inspection services through USinspect.com
- Home improvement services offered through Servicemagic.com
- Moving and relocation through Moving.com
- Utility and telecommunication service Allconnection.com
"i-RealtyAuction.com has been designed as a comprehensive, integrated site offering all necessary tools and services for buying and selling residential real estate in a secure environment," said Jamee Freeman, Chairman and CEO of i-Incubator.com. "We have developed an auction platform which is easy to use and provides users with the highest level of protection in all phases of the transaction."
Based in Miami, FL and New York City, i-incub ator.com identifies internet and technology market segments and business models ripe for growth. Similar in structure to other incubators, such as CMGI , Internet Capital Group , Rare Medium and Idea Labs, it will provide venture capital, technical expertise and marketing assistance to development stage companies. However, it differentiates itself in its strong architecture development, integration and engineering capabilities.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements and ass umptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to be correct.