Lycos and Microsurf Launch Co-Branded Real Estate Web Sites

Strategic Insights -

Lycos, a leading online service provider, has partnered with Microsurf Internet Services, a comprehensive source of mortgage rate information and moving company databases, to launch two new co-branded real estate web sites on Lycos. The first site, MortgageQuotes, provides daily mortgage rates from over 1,300 lenders nationwide, allowing users to test-drive loan rates and explore different scenarios using built-in calculators. The second site, MoverQuotes, enables users to compare relocation costs based on distance and move size, generating a customized list of cost estimates from over 1,000 moving companies. These services aim to provide users with valuable resources to navigate the real estate market.

Key Takeaways:

  • **Co-branded web sites**: Lycos and Microsurf have launched two co-branded real estate web sites on Lycos, located at http://www.mortgagequotes.lycos.com and http://www.moverquotes.lycos.com.
  • **Mortgage rates**: MortgageQuotes provides daily mortgage rates from over 1,300 lenders nationwide, allowing users to test-drive loan rates and explore different scenarios using built-in calculators.
  • **Moving services**: MoverQuotes generates a customized list of cost estimates from over 1,000 moving companies, based on distance and move size, including cost of the move, contact information, and additional charges.
  • **Comprehensive resources**: Lycos and Microsurf aim to provide users with valuable resources to navigate the real estate market, including mortgage calculators, daily market commentary, and a glossary of mortgage terms.
  • **Partnership impact**: The partnership between Lycos and Microsurf aims to enhance the Lycos Real Estate Web Guide, making it a premier online resource for users.

Statistics:

  • **Over 1,300 lenders**: MortgageQuotes provides rate information from over 1,300 lenders nationwide, offering users a diverse range of options.
  • **Over 1,000 moving companies**: MoverQuotes generates cost estimates from over 1,000 moving companies, providing users with a comprehensive database of options.
  • **Customized quotes**: MoverQuotes enables users to generate customized quotes based on distance and move size, providing an accurate estimate of relocation costs.
  • **Daily market commentary**: MortgageQuotes offers daily market commentary, providing users with valuable insights into the current real estate market.

Sources:

  • Lycos, Inc. (BUSINESS WIRE, Aug. 24, 1998)
  • Microsurf Internet Services, Inc. (BUSINESS WIRE, Aug. 24, 1998)
  • SmartMoney (Mentioned as rating Microsurf's mortgage site number one due to 24-hour rate monitoring and 109 loan programs)
  • Money Magazine (Mentioned as featuring MoverQuotes.com as one of the "Best" relocation cost estimators)