Last $0.18 USD
Change Today +0.02 / 12.50%
Volume 117.8K
RBIZ On Other Exchanges
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OTC US
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

2690 Weston Road

Suite 200

Weston, FL 33331

United States

Phone: 954-888-9779

Fax: 888-693-0961

Realbiz Media Group, Inc., through its subsidiaries, operates as a real estate media services company. The company provides marketing and promotional services to listing agents and brokers through its proprietary video processing technology or virtual home tours. Products and Services Real Estate Video on Demand (VOD) Channel: The company earn fees from pre-roll/post-roll advertising, banner ads and cross-market advertising promotions. For the real estate VOD area, the company intends to market the approximately 120,000 ‘premium VOD TV residential home listings’, as well as incorporate approximately 4.5 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 to work in conjunction with its national VOD television platform. This site would be used to the world of real estate search sites on multiple levels, first the user experience would be completely visual and video centric; secondly, the site would focus on local neighborhood participation for social interaction between home seekers and current residents who could provide an unbiased view of the selected neighborhood; and lastly the content on the site would focus on the entire home ownership lifecycle from purchase through maintenance to home sale therefore giving the site a loyal audience over time. Significant Events In January 2014, The Home Tour Network, a division of RealBiz Media Group Inc. announced the expansion of its video on demand real estate network into the greater Atlanta (GA) area. This expansion follows the successful launch of the realtor.com channel which premiered on the Home Tour Network in Las Vegas (NV) in March of 2013. History The company was formerly known as Webdigs, Inc. and changed its name to RealBiz Media Group, Inc. in 2012.

 

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Price/Sales 10.5x
Price/Book 3.3x
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