SOURCE: MyNewPlace

September 18, 2007 19:45 ET

MyNewPlace Announces Release of Website Product MyNewSite

SAN FRANCISCO, CA--(Marketwire - September 18, 2007) - MyNewPlace (http://www.mynewplace.com), the Web's fastest growing apartment classifieds site according to Compete, Inc., announced today its release of MyNewSite™ (http://www.mynewsite.com). Described as the most cost-effective website solution designed for today's MultiHousing professional, MyNewSite promises a full service website with a turnaround time of as little as three weeks.

The MyNewSite solution includes map-based listing searches, full-service property brochure pages, a client-branded manager center to track leads and activity, and a Content Updater™ feature. The Content Updater, powered by eREI, allows clients to automatically update listings on major online advertising sources for the Multifamily Industry, ensuring consistent branding and promotion while saving the time required to update individual advertising sources.

Lane Company's Dan Hefner was among one of the first to adopt the new website solution. When asked why he chose to go with MyNewSite, Hefner commented, "What grabbed our attention was the ability to have a better website solution for our properties at a fraction of the cost of other providers. Once we learned of the promised turnaround and ease of use, it became a must-have." With this turnkey solution, MyNewPlace becomes the first internet listing service to deliver prospective renters from the site to the rental office. For more information, visit http://www.mynewsite.com

About MyNewPlace

MyNewPlace (http://www.mynewplace.com) is creating the largest and easiest-to-use online marketplace for apartment rentals, connecting renters and owners of all types of properties. When renters find their new place on MyNewPlace and move in, participating properties offer a rebate. Property owners get a no-risk, performance-based solution for filling their vacancies: They do not pay for advertising; instead, they pay for leases. Headquartered in San Francisco, CA, MyNewPlace was founded in 2005 by John Helm, the founding CEO of AllApartments/SpringStreet, which became the number one apartment rental and relocation site on the Internet before its sale to Homestore in 1999. For more information, visit http://www.mynewplace.com.

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