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Analyst and Investor Day 2014 | May 22, 2014 MOMENTUM ACCELERATING OUR © 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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Page 1: ACCELERATING OUR MOMENTUMfilecache.investorroom.com/mr5ir_move/217/download/Acceleratin… · or delays in Move’s ability to innovate or deliver new products, product launches that

Analyst and Investor Day 2014 | May 22, 2014

MOMENTUM ACCELERATING OUR

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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Analyst and Investor Day 2014 | May 22, 2014

JESSICA THORSHEIM

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

DIRECTOR OF INVESTOR RELATIONS

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

Statements made in this presentation or orally accompanying its delivery (whether in narrative, bullet,

numerical, graphical or other form, and whether or not accompanied by linguistic cues such as “believe,”

“will,” “might,” “intend,” “expect,” “plan,” “anticipate,” “project,” “target,” “outlook” or the like) that are not

historical fact are forward-looking statements within the safe harbor provisions under The Private

Securities Litigation Reform Act of 1995. Such statements may include, among others, remarks about

management’s views of Move’s expectations, plans or prospects, or about Move products, sales,

earnings, expenditures, debt, assets, cash flow, technology, operations, business strategies or

initiatives. Forward-looking statements involve known and unknown risks, uncertainties and other

factors that could cause the actual results of Move (including its subsidiaries, divisions and affiliates) to

be materially different than those expressed or implied in, or inferred from, such statements, or that

could cause other forward-looking statements to prove incorrect. These factors include the condition of

the real estate, mortgage and financial markets, sales that decrease, fail to grow or remain flat, failures

or delays in Move’s ability to innovate or deliver new products, product launches that do not gain

sufficient acceptance by our customers and other risk factors included from time to time in documents

Move files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks,

Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse

effects on Move’s future results. The forward-looking statements made in this presentation are made

only as of the date hereof, and those made orally, accompanying delivery of the presentation, are made

only as of the date such statements are spoken. Move cannot guarantee future results, levels of

activity, performance or achievements. Accordingly, you should not place undue or uncorroborated

reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation

to update any forward-looking statements to reflect subsequent events or circumstances. We will also

be discussing non-GAAP financial measures in talking about the company’s performance.

Reconciliations of those measures to GAAP measures, can be found on the company’s investor

relations website.

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Analyst and Investor Day 2014 | May 22, 2014

MOMENTUM ACCELERATING OUR

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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WELCOME TO MOVE’S 2014 ANALYST AND INVESTOR DAY

JOE HANAUER CHAIRMAN OF THE BOARD

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STEVEN BERKOWITZ Chief Executive Officer and

Director

RACHEL GLASER Chief Financial Officer

JOHN ROBISON Chief Technology & Product

Officer

BARBARA O’CONNOR Chief Marketing Officer

MICHAEL KANE Senior Vice President

SaaS Business

RAYMOND PICARD Executive Vice President,

Sales

JAMES S. CAULFIELD Executive Vice President,

General Counsel and Secretary

CAROL BRUMMER Executive Vice President,

Human Resources

MOVE’S EXECUTIVE MANAGEMENT TEAM

LUKE GLASS Executive Vice President

of Industry Platforms

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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RACHEL GLASER CHIEF FINANCIAL OFFICER

Analyst and Investor Day 2014 | May 22, 2014

MOMENTUM ACCELERATING OUR

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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WELCOME Joe Hanauer, Chairman of the Board ACCELERATING OUR MOMENTUM Rachel Glaser, Chief Financial Officer INNOVATING FOR GROWTH John Robison, Chief Technology Officer and Chief Product Officer THE VALUE CHAIN: FROM CONNECTION TO CLOSE AND BEYOND Michael Kane, Senior Vice President, Software Business STRATEGIC CONNECTIONS Max Pigman, Vice President, realtor.com®

Steve Pacinelli, Vice President, Events THE LISTHUB PLATFORM Luke Glass, Executive Vice President, Industry Platforms ALEX PERRIELLO President and Chief Executive Officer, Realogy Franchise Group FINANCIAL OVERVIEW: ACCELERATING OUR MOMENTUM Rachel Glaser, Chief Financial Officer QUESTIONS AND ANSWERS THE MEETING CONTINUES … PRODUCT DEMONSTRATIONS

2014 ANALYST AND INVESTOR DAY

AGENDA

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CONTENT

CLOSE CONNECTION

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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STATE CURRENT

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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Source: Move Internal Metrics, Single-Family Homes, Condos, Townhomes and Co-ops.

FOR SALE LISTINGS INVENTORY (000’S): U.S. TOTAL

2.3

1.8

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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Source: Move Internal Metrics, Single-Family Homes, Condos, Townhomes and Co-ops.

MEDIAN

Q1’11

Q2’11

Q3’11

Q4’11

Q1’12

Q2’12

Q3’12

Q4’12

Q1’13

Q2’13

Q3’13

Q4’13

Q1’14

PRICE (000’S): U.S. TOTAL

LIST

$180

$200

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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Source: Move Internal Metrics, Single-Family Homes, Condos, Townhomes and Co-ops.

MEDIAN

Q1’11

Q2’11

Q3’11

Q4’11

Q1’12

Q2’12

Q3’12

Q4’12

Q1’13

Q2’13

Q3’13

Q4’13

Q1’14

111

102

INVENTORY (DAYS)

AGE OF

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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FAR OUTPACING

HOME

SALES & NUMBER OF REALTORS®

INQUIRIES

BUYER/SELLER LEADS PRODUCED | ANNUAL HOME SALES | REALTORS®

2011 2012 2013 2014

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

Source: Move internal estimate and National Association of REALTORS® existing home sales

From the National Association of REALTORS®

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77% of Total Revenue 23% of Total Revenue

Consumer Advertising Software and Services

BRANDS

© 2014 Move, Inc. All rights reserved. Do not copy or distribute. © 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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VIRTUOUS ECOSYSTEM

CONSUMERS

THE NATIONAL ASSOCIATION OF

REALTORS®

THIRD PARTY

SERVICES

MLS’S

BROKERS AND FRANCHISES

REALTORS® AND OTHER AGENTS

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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ACCURACY

COMPREHENSIVE INFORMATION

MOBILE

CONSUMERS WHAT

WANT

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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WHAT MATTERS MOST TO CONSUMERS

74%

73%

59%

58%

54%

Fresh up-to-date data

Comprehensive & accurate data

Ease of use

High quality photos & videos of properties

Precise search and filtering

Source: Respondents answered Extremely Important to

Q: How important are the following attributes for choosing the Internet Real Estate Service you use most often?

Source: Move, Inc. Consumer Survey © 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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UPDATED EVERY

MINUTES

15

OVER

OF PROPERTIES LISTED FOR SALE

90%

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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NEARLY HALF OF CATEGORY USERS ARE USING MOBILE

More than half time on

mobile

About 50% on each

More than half time on computer

Among mobile users, 60% use their mobile device

as their primary way to access real estate sites.

45%

Q: Do you use Internet Real Estate sites or apps on your mobile phone or tablet (e.g. iPhone or iPad)?

Q: Thinking generally, what percentage of the time do you access Internet Real Estate Services through your computer versus your mobile phone or tablet?

Source: Move, Inc. Consumer Survey © 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

MA

R-2

014

Q1-2

014

2013

2012

2011

2010

2009

2008

2007

Average Monthly Unique Visitors comScore

300%

GROWTH SINCE 2007

+

Source: comScore realtor.com® Unique Visitors

TRAFFIC GROWTH

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute. Source: realtor.com® Internal Metrics

Average Monthly Listing Leads

300%

GROWTH SINCE 2010

+

MA

R-1

4

Q1-2

014

2013

2012

2011

2010

LEAD GROWTH

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38

39

127

Number of respondents naming each site when asked, “Which website has the best conversion rate?”

Source: PAA Research Independent Study

LEAD CONVERSION

PORTALS

RATE AMONG THE TOP 3

Competitor 1

Competitor 2

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

Q: WHICH WEBSITE HAS THE BEST

CONVERSION RATE?

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Percent of respondents answering Slightly High, Moderately High or Extremely High to: “How would you rate the quality of leads you get from ….?”

Source: RBC Capital Markets Survey, March 2014

HIGHEST

LEADS QUALITY

41%

38%

45%

Competitor 2

Competitor 1

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

Q: HOW WOULD YOU RATE THE

QUALITY OF LEADS?

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

END-TO-END SOLUTIONS FOR REAL ESTATE PROFESSIONALS

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MOVE’S SOFTWARE STRATEGY

FOR GROWTH

INTEGRATED

TOOLS INCREASED EFFICIENCY

IMPROVED WORKFLOW

DEEPER INSIGHT

WITH DATA © 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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INDUSTRY FOCUSED

WORKSHOPS & WEBINARS

ATTENDEES

+1,000

+145,000

OVER THE LAST TEN YEARS TRAINING & EVENTS

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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INDUSTRY FOCUSED LISTING PLATFORM

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LISTING CONTENT

AOL Real Estate

Trulia

Yahoo Real Estate

Zillow

Vast

RealtyTrac

Property Pursuit

craigslist

HotPads

500 150 72% 50,000

Billions

METRICS

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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OUR BRAND MARKETING OPPORTUNITY

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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1. IMPROVE REALTOR.COM® BRAND AWARENESS AND SENTIMENT.

2. GROW SHARE OF VOICE IN THE PRESS AND SOCIAL MEDIA.

3. DRIVE AUDIENCE GROWTH & ENGAGEMENT WHILE AGGRESSIVELY PURSUING FIRST-TIME BUYERS AND RENTERS.

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

2014 CONSUMER MARKETING GOALS

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

INTEGRATED MARKETING

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© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

REAL ESTATE

= +

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#AccuracyMatters

SHOUT IT FROM THE ROOFTOPS AND HAVE OTHERS SHOUT IT TOO!

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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TELEVISION ADS

NEW

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.

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CONTENT

CLOSE CONNECTION

© 2014 Move, Inc. All rights reserved. Do not copy or distribute.