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Recent Press Releases

Corus Home Realty Names Four New Partners
(2/19/06)

Corus Home Realty Launches the Corus Report
(1/16/06)

Corus Home Realty Completes One of Region's Top 10 Transactions
(1/5/06)

Corus Home Realty Releases White Paper on Housing Bubble Concerns
(12/9/05)

Corus Home Realty Passes the Half a Billion Dollars Mark
(10/18/05)

Corus Home Realty Recognized by RealEstate.com
(9/8/05)

Corus Home Realty Launches New Web Site
(8/8/05)

Corus Home Realty Named to Washington Business Journal Top 25
(6/23/05)

Corus Home Realty Opens Home Center in Delaware Valley, PA
(6/15/05)

Corus Home Realty Hires Davila as Managing Broker
(6/5/05)

Corus Home Realty Adds New Marketing Vice President
(5/20/05)

Corus Home Realty's Gorman Named Finalist For Ernst & Young Entrepreneur Of The Year 2005 Award
(5/15/05)

Corus Home Realty Adds Annapolis To Service Area
(4/12/05)

Corus Home Realty Grows Fairfax Sales Office
(4/6/05)

Corus Home Realty Grows McLean Sales Office
(3/16/05)

Corus Home Realty Increases Marketing Expertise At Rockville Home Center
(2/25/05)

Corus Home Realty Adds District Of Columbia To Service Area
(2/16/05)

Corus Home Realty Wins 'Best Practices' Award From RealEstate.com/LendingTree For 2nd Consecutive Year
(12/5/04)

Corus Home Center Opens In Rockville, Maryland
(11/30/04)

Corus Home Realty Unveils Two Revolutionary New Listing Programs
(9/16/04)

Corus Home Realty Releases 2004/2005 School Reports
(8/3/04)

Corus Home Realty Releases Customer Service Survey Results
(7/9/04)

Corus Home Realty's Harry Potter Event A Huge Success
(6/4/04)

Corus Home Realty Announces Grand Opening of Fairfax Office
(5/11/04)

Corus Home Realty Makes The Washington Business Journal Top 25
(4/16/04)

Corus Home Realty Expands Into Maryland
(3/29/04)

Gary Macdonald To Join Corus Home Realty
(2/8/04)

Corus Home Realty Announces Two Key Promotions
(1/17/04)

Corus Home Realty Announces Two Branch Manager Promotions
(12/18/03)

Corus Home Realty Wins 'Best Practices' Award From LendingTree
(10/14/03)

Corus Home Realty Awarded Patent for Mobile Navigator Technology
(10/7/03)

Corus Home Realty Hires George Gorayeb as Principal Sales Advisor
(5/20/03)

Corus Home Realty Launches Mobile Navigator Version 2.0
(8/19/2002)

Corus Home Realty Adds Direct MLS Access to WebSite
(2/2/2002)

Corus Home Realty Launched Corus Mobile Navigator
(12/10/2001)

Corus Home Realty Opens its First Home Center
(11/18/2001)

News Articles About Corus

At Corus Home Realty, Former AOL V.P. Applies Technology To Real Estate (Bull Run Observer Newspaper)
(1/5/2005)

Corus Home Realty is featured on WTOP
(9/16/2002)

Technology and Real Estate Marry
(Connection Newspapers, 6/21/2002)

Corus Links to MLS
(Times Community Newspapers, 2/27/2002).

Computer Guys' are key to new real estate firms
(Times Community Newspapers, 11/28/2001)



Corus Home Realty Names Four New Partners

MCLEAN, VA, February 19, 2006 — — Corus Home Realty recently named four of its executives as new partners of the firm. They include Kathy Davila, Alison Farmer, Amy Richards, and Nikki Blythe.

Kathy Davila is the Branch Manager and Managing Broker of Corus Home Realty’s Plymouth Meeting, Pennsylvania office. Kathy is responsible for the company’s operations throughout the Delaware Valley. She joined Corus Home Realty in early 2005, and launched the company’s first office outside of the Washington metropolitan area. Ms. Davila is a an Accredited Buyer Representative (ABR), Certified Residential Specialist (CRS), Certified Seniors Real Estate Specialist (SRES), an ePRO Internet Professional as approved by the National Association of Realtors and a graduate of The Realtor Institute (GRI). A lifelong Delaware Valley resident, Kathy currently lives in Hatfield, Pennsylvania.

Alison Farmer manages Corus Home Realty’s operations in Virginia and Washington, DC. She is responsible for the company’s McLean, Virginia and Fairfax, Virginia offices. She also works closely with clients, and has handled many of the company’s most complex real estate transactions. Prior to her current role, Alison held sales and home specialist positions with Corus. Alison has over 15 years of sales experience and has managed multiple offices and employees with previous companies. Alison is a graduate, with honors, of Michigan State University. She lives in the Dupont Circle area of Washington, DC.

Amy Richards manages Corus Home Realty’s Sales Division. She oversees a team of sales specialists, coordinates the company’s marketing partnerships, and manages companywide marketing efforts. Previously, Amy was the branch manager for Corus’ McLean, Virginia office. Amy was Corus Home Realty’s fifth employee, and is a lifelong resident of the Washington DC area. Amy is a graduate of James Madison University, and previously held marketing related positions at Verizon. She is married with two children, and resides in Potomac Falls, Virginia.

Nikki Blythe has a dual role at Corus Home Realty. She acts as Senior Service Specialist for the company’s Fairfax, Virginia team while also working as an Operations Manager. In that role, she coordinates much of the company’s hiring efforts, human resources matters, training, and special projects. Nikki joined Corus in 2002 as one of the company’s first employees. Prior to Corus, she held a variety of positions in both the Internet and hospitality industries. A graduate of Virginia Tech, Nikki lives in Leesburg, Virginia with her husband and daughter.

Corus Home Realty's approach to marketing residential real estate is truly unique. The company employs Home Specialists that are backed by a team of licensed agents. With this approach, Corus Home Realty provides a client-service focus and a superior level of responsiveness and representation in a low-pressure marketing environment. Notably, Corus team members are available to their clients 12 hours each day from 9:00 AM to 9:00 PM, seven (7) days a week.

About Corus: Corus Home Realty is an innovative residential real estate brokerage firm, locally owned and headquartered in McLean, Virginia, with four area Home Centers and a fifth Home Center in Pennsylvania. Corus was recently named one of the top 25 brokerages in the area by the Washington Business Journal. Corus Home Realty is the recipient of LendingTree.com’s “Best Practices” award for the past two years as a result of its high customer satisfaction ratings. For more information, please visit our web site at www.corushome.com.
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Corus Home Realty Launches the Corus Report

MCLEAN, VA, January 16, 2006 — Corus Home Realty has announced that the company will be launching an ambitious new communication initiative to keep a continuous flow of information between the company and current and past clients. Every 3-4 weeks, Corus will publish the Corus Report which will provide in-depth information on market conditions, trends affecting real estate, and other helpful information.

“One of our greatest strengths has always been our ability to leverage the combined experience of our team of experts who are helping to complete dozens of transactions each month,” explained Corus’ CEO, Mike Gorman. “We’ve built an incredible reputation for our market knowledge and the Corus Report will be another vehicle for putting the information that we have about the market into the hands of our clients. ”

Corus Home Realty has an exclusive database of thousands of current and past clients who will receive this e-mail update. Additionally, the Corus Report will be available on the company’s website at www.corushome.com/The_Corus_Report.aspx .

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Corus Home Realty Completes One of Region's Top 10 Transactions

MCLEAN, VA, January 5, 2006 — Corus Home Realty has announced that during 2005, the firm completed one of the year’s 10 highest priced residential resale transactions in the Washington, DC metropolitan area. The property transacted was a 10,205 square foot Williamsburg colonial situated on 3 one acre lots in the Langley Farms area of McLean, Virginia. The property was sold at a price of $5.5 million. Corus Home Realty represented both the seller and purchaser in the transaction.

According to Michael Gorman, Corus Home Realty’s CEO, “Corus completes transactions at all price levels. However, the luxury home segment of our business has expanded steadily, and people are starting to notice. Additionally, our sophisticated research and the expertise of our senior-level staff have really made Corus an appealing choice for the high end homeowner or purchaser.”

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Corus Home Realty Releases White Paper on Housing Bubble Concerns

MCLEAN, VA, December 9, 2005 — Corus Home Realty just recently released a comprehensive analysis of market conditions and specifically addressed concerns among some consumers of a “Housing Bubble” that might “pop.” This in-depth analysis was e-mailed to Corus past and future clients.

The white paper, which can be obtained at no cost by contacting Corus Home Realty, represents the expert analysis from Corus Home Realty’s team which currently handles several dozen transactions each month. This high volume of business spread out over the Washington and Philadelphia regions allows Corus to have a unique perspective on the market.

The white paper was broken into several sections including an explanation of what has caused prices to reach current levels, what experts are saying about these market conditions, some facts about the market, and answers to common questions.

It is the opinion of Corus and a consensus of most other industry experts that the housing markets in the DC and Philadelphia regions will cool off in 2006 but any dramatic reduction of prices is very unlikely. A copy of this white paper can be obtained by contacting Corus Home Realty at 888.81.CORUS or by e-mailing corusinfo@corushome.com.

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Corus Home Realty Passes the Half a Billion Dollars Mark

MCLEAN, VA, October 18, 2005 — Corus Home Realty has announced that the company recently passed the $500,000,000 mark for the value of all completed real estate transactions. In just over four years in business, Corus has completed over 1,400 transactions worth more than $500,000,000.

Mike Gorman, Corus Home Realty’s CEO explained that, “we’re very excited that Corus has grown so fast in such a short period of time. Our employees have really worked hard and our clients have been amazing in referring their friends, families, and co-workers. This combination has really allowed Corus the room to grow and expand.”

“It’s always exciting to hit a big milestone like half a billion dollars in real estate,” explained Corus’ Principal Broker Eric Rossum, “but the real proof that our revolutionary approach to real estate is working is our very high customer satisfaction ratings.”

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Corus Home Realty Recognized by RealEstate.com

MCLEAN, VA, September 8, 2005 — Corus Home Realty was one of just forty top real estate partners recently recognized for outstanding service and growth by RealEstate.com, the online one-stop-shopping destination for consumers buying or selling a home, at the company’s recent annual partnership retreat

“Corus Home Realty is one of the top real estate brokers in our network. By earning this award, Corus has further demonstrated its commitment and dedication to being successful in the online real estate business” said Dave Collins, vice president, RealEstate.com.

Awards and recognition were earned by the top closing real estate and lending partners; partners experiencing the most growth over the past year; and partners that have successfully implemented best practices serving the needs on “online” customers. Corus received the Highest Overall Close Rates for companies receiving over 1000 leads.

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Corus Home Realty Launches New Web Site

MCLEAN, VA, August 8, 2005 — Corus Home Realty, Inc., a leader in delivering client-centric real estate services, today launched a new Web site located at www.corushome.com. The new site represents Corus’ second site in their 4-year history.

The Web site was designed to provide a clean, clear compendium of real estate services that is exceptionally simple for the visitor to navigate. The site offers instant access to all the homes listed for sale in the Washington metro area as well as neighborhood reports and school reports. A new financial center provides visitors with comprehensive tools, calculators and instruction to aid in the often-bewildering field of mortgages. Access to all the Philadelphia homes for sale will be added in the coming weeks.

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Corus Home Realty Named To Washington Business Journal Top 25

MCLEAN, VA, June 23, 2005 — Corus Home Realty, Inc., a leader in delivering client-centric real estate services, was named to the Washington Business Journal’s List of “Largest residential real estate companies” for the second year. Companies were ranked by 2004 metro area sales volume.

"This is testament to the viability of Corus Home Realty’s innovative business model'" says Michael T. Gorman, Corus’ President and CEO. "Our sustained growth over the past three and one-half years proves that the market both needs and welcomes a residential real estate company built entirely around the needs of our customers."

Corus Home Realty is a locally owned and privately held corporation, headquartered in McLean, Virginia. Corus posted a 100% gain in revenue in 2004 and 50% growth in employees over the previous year.

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Corus Home Realty Opens Home Center in Delaware Valley, PA

Plymouth Meeting, PA, June 15, 2005 — Corus Home Realty, Inc., a leader in delivering client-centric real estate services, today announced the opening of its newest home center in Delaware Valley. The office is located at 505 West Germantown Pike in Plymouth Meeting, PA.

The new home center will concentrate on providing Delaware Valley buyers and sellers custom resources and data, including local neighborhood and school reports. Additionally, each center offers clients a patented tablet PC, called the Mobile Navigator™. The Mobile Navigator can be taken in the car, and with its GPS technology tied into MLS data, clients can view home offerings at their convenience.

Corus Home Realty's approach to marketing residential real estate is truly unique. The company employs Home Specialists that are backed by a team of licensed agents. With this approach, Corus Home Realty provides a client-service focus and a superior level of responsiveness and representation in a low-pressure marketing environment. Notably, Corus team members are available to their clients 12 hours each day from 9:00 a.m. to 9:00 p.m., seven (7) days a week.

“We operate a different business model, based entirely on the customer. We know there is a lot of stress and pressure associated with buying or selling a home, so we pay attention to making the experience as convenient and effective as possible,” said Kathy Davila, the center’s managing broker.

Corus is a residential real estate brokerage with award-winning services, a no-pressure atmosphere, and world-class responsiveness. Other home centers are in the neighboring markets of Metro Washington, DC and Annapolis, MD. The Delaware Valley home center will be staffed by Duane Thornton, Branch Manager, Kathy Davila, Managing Broker, and specialists Rebecca Tarnowski, Andrea Bennett, and Lee Schwartz.

About Corus: Corus Home Realty is an innovative residential real estate brokerage firm headquartered in McLean, Virginia, with four Washington, D.C. area Home Centers and a fifth Home Center in Pennsylvania. Corus was recently named one of the top 25 brokerages in the area by the Washington Business Journal. Corus Home Realty is the recipient of LendingTree.com’s “Best Practices” award for the past two years as a result of its high customer satisfaction ratings. For more information on Corus Home Realty, please call our Delaware Valley office at 610.825.3225.
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Corus Home Realty Hires Davila as Managing Broker

Plymouth Meeting, PA, June 5, 2005 — Corus Home Realty, one of the area’s fastest growing residential real estate companies, has hired Kathy Davila as Managing Broker of their newest office in Plymouth Meeting, PA.

Ms. Davila brings a depth of experience to Corus, including 5 years of direct marketing expertise and seven years with the Realty Corp. Associates in Upper Gwynedd, a Coldwell Banker affiliate. For the previous three years, Ms. Davila enjoyed a spot in the International Presidents Circle Award – a position limited to the top 10% of Coldwell Banker realtors. Ms. Davila is a an Accredited Buyer Representative (ABR), Certified Residential Specialist (CRS), Certified Seniors Real Estate Specialist (SRES), an ePRO Internet Professional as approved by the National Association of Realtors and a graduate of The Realtor Institute (GRI). She is a lifetime Delaware Valley resident.

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Corus Home Realty Adds New Marketing Vice President

MCLEAN, VA, May 20, 2005 — Paula Scanlon was named Vice President of Marketing for Corus Home Realty, one of the area’s fastest-growing residential real estate companies. The position was created upon her arrival to the company in January 2005. She will oversee the growing company’s branding, advertising, public relations, new media and sales and marketing programs.

Scanlon was a former Senior Vice President and Communications Director at Anderson Communications in Hilton Head Island, SC. At Anderson, she was directly involved with business development and communications planning. Prior to Anderson, Scanlon served in executive marketing positions at Plateau Systems, Verizon Communications and Coca-Cola Enterprises. Scanlon began her career in communications at The Martin Agency after graduating from the University of South Carolina, and brings over 25 years in communications experience to Corus. She also holds a Certificate in Financial Planning from Georgetown University.

According to Michael Gorman, Corus Home Realty President and Chief Executive Officer, “The addition of Paula Scanlon will help grow Corus Home Realty’s brand in the marketplace. With our new promotions and advertising programs, you’ll start to hear and see more about the superior real estate services we offer.”

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Corus Home Realty's Gorman Named Finalist For Ernst & Young Entrepreneur Of The Year 2005 Award

MCLEAN, VA, May 15, 2005 — Michael T. Gorman, CEO of Corus Realty Holdings, Inc., was named a finalist for the Ernst & Young Entrepreneur Of The Year 2005 Awards in the Greater Washington area. Gorman is founder of Corus Home Realty, a residential real estate company, and was selected from 63 nominations in the area by a panel of independent judges comprised of local business leaders.

"The Ernst & Young award is a distinct and prestigious honor for any entrepreneur, and being named a finalist is a nod to our business model, which is designed to provide the utmost in customer satisfaction to our clients. I am proud to represent all the entrepreneurial people who've built Corus Home Realty into the company it is today," said Gorman.

Recently, Corus Home Realty's strategy has been recognized by LendingTree.com for its "Best Practices," demonstrated by the high ratings from recent clients and its service approach, including no-pressure tactics, extensive resources and the company's availability every day from 9a.m.-9p.m. Corus Home Realty also was named one of the top 25 residential real estate brokerages by Washington Business Journal.

Award recipients will be announced at the awards banquet on June 23, 2005 at The Ritz-Carlton, Tysons Corner, in McLean, Virginia. The Greater Washington area winners will be eligible for consideration for the Entrepreneur Of The Year 2005 national program. Winners in several national categories, as well as the overall national Ernst & Young Entreprenuer Of The Year, will be announced November 2005, at the annual awards gala in Palm Springs, CA.

About The Ernst & Young Entrepreneur Of The Year® Program

The Ernst & Young Entrepreneur Of The Year Program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, Ernst & Young Entrepreneur Of The Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the quality of financial reporting. Its 100,000 people in more than 140 countries around the globe pursue the highest levels of integrity, quality and professionalism to provide clients with solutions based on financial, transactional and risk-management knowledge in Ernst & Young's core services of Audit, Tax and Transaction Advisory Services. Ernst & Young practices also provide legal services in some parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization.

About Corus

Corus Home Realty is an innovative residential real estate brokerage firm headquartered in McLean, Virginia with other home centers in Fairfax, VA, Rockville, MD, Delaware Valley, PA, and a satellite office in Annapolis, MD.
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Corus Home Realty Adds Annapolis To Service Area

MCLEAN, VA, April 12, 2005 — Corus Home Realty, one of the area's fastest-growing residential real estate companies, has opened an office in Annapolis, Maryland. Now Anne Arundel and Calvert County real estate buyers and sellers will be able to benefit from Corus Home Realty's customer service-focused team approach, as well as its information resources and patented information technology.

The Annapolis office, which will function as a satellite of Corus's Rockville, Maryland, facility is manned by Mr. George Gorayeb and Ms. Cynthia Fleming, both of whom are senior personnel with Corus Home Realty.

According to Michael Gorman, Corus Home Realty President and Chief Executive Officer, "The addition of Annapolis is the next step in our business plan. The initial consumer response to our Maryland offering has been well received, and we look forward to working with clients in Annapolis."

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Corus Home Realty Grows Fairfax Sales Office

MCLEAN, VA, April 6, 2005 — Corus Home Realty, one of the area's fastest-growing residential real estate companies, has promoted a team member and hired three additional professionals to broaden coverage of the Fairfax County market. All four associates are available for client service at Corus Home Realty's Fairfax office in Fairfax Corner.

Mr. Chris Kroll, a Home Specialist, brings a 15-year history of sales, customer relations and communications to Corus Home Realty. Mr. Kroll served in the Marines during the first Gulf War and earned his real estate license last year.

Ms. Kristy Moyssiadis, a George Mason graduate and licensed real estate agent, was promoted to Senior Service Specialist after nearly two years of outstanding contributions to Corus client satisfaction.

Mr. Alex Coleman, a recent graduate of the University of Wisconsin-Madison, joins Corus Home Realty in the Field Specialist position and will provide door-to-door service for our clients.

Ms. Lauren Bogart, an accounting major and senior at George Mason University, is a new Intern at the Fairfax office and will supply general office support.

"The client demand in the Fairfax office requires additional service support. We've selected a good mix of native northern Virginians and outside talent to best serve our client needs," according to Michael Gorman, President and Chief Executive Officer of Corus Home Realty.

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Corus Home Realty Grows McLean Sales Office

MCLEAN, VA, March 16, 2005 — Corus Home Realty, one of the area's fastest-growing residential real estate companies, has hired two Home Specialists and a Service Specialist to meet the growing business demands. All three associates are available for client service at Corus Home Realty's McLean office.

Ms. Alison Farmer brings over 15 years of exceptional sales and interpersonal skills to the Home Specialist position she will occupy at Corus. She currently resides in Washington, DC, and is a graduate, with honors, of Michigan State University.

Mr. John Evans, a second Home Specialist, comes to Corus from a client/project manager background in the technology field. A graduate of William and Mary, Mr. Evans resides in Falls Church with his wife and 2 children.

Both Ms. Farmer and Mr. Evans are licensed real estate professionals in the state of Virginia.

Ms. Rebecca Constantine brings her corporate event planning skills to Corus and will provide service support to the productive sales team. Ms. Constantine is a recent graduate of University of Georgia, and she also brings her family's rich tradition of excellence in the real estate business to Corus.

"The number of sales and listing transactions in our McLean office has doubled in the last twelve months. We've selected the best area talent to serve our clients' need," according to Michael Gorman, President and Chief Executive Officer of Corus Home Realty.

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Corus Home Realty Increases Marketing Expertise At Rockville (MD) Home Center

MCLEAN, VA, February 25, 2005 — Corus Home Realty, one of the area's fastest-growing residential real estate companies, has hired an experienced Home Specialist and promoted a Service Specialist. Both associates are available for client service at Corus Home Realty's Rockville office.

Ms. Cynthia Fleming brings to Corus Home Realty 10 years of real estate sales experience in the Annapolis area and will work as a Home Specialist serving the Rockville and Annapolis real estate markets. Ms. Fleming, a Baltimore native, is a lifetime member of The Distinguished Sales Achievement Club for Anne Arundel County. She is a graduate of Kenyon College in Ohio with a BA in Psychology.

Ms. Michele Hoke was recently promoted to Senior Service Specialist in Corus Home Realty's Rockville office. Ms. Michele Hoke, also a Baltimore native, has been with Corus since May, 2002, and graduated from Frostburg State University with a BS in Business Administration and a concentration in Marketing.

According to Michael Gorman, Corus Home Realty's President and Chief Executive Officer, "Corus is now in the best position to meet the increased customer demand in Maryland."

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Corus Home Realty Adds District Of Columbia To Service Area

MCLEAN, VA, February 16, 2005 — Corus Home Realty, one of the area's fastest-growing residential real estate companies, has added the District of Columbia to its full service offering. Now District of Columbia real estate buyers and sellers will be able to benefit from Corus Home Realty's team-approach, as well as its information resources and patented information technology.

The District of Columbia license is in response to consumer interest and completes the Washington, DC metropolitan area coverage initiated by Corus in 2001.

According to Michael Gorman, Corus Home Realty President and Chief Executive Office, "The addition of the District of Columbia is the next logical step in our growth plan. The initial consumer response to our Maryland and Virginia service offering has been well received, and we look forward to working with clients in D.C."

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Corus Home Realty Wins 'Best Practices' Award From RealEstate.com/LendingTree For 2nd Consecutive Year
Corus Home Realty cited for high customer service and close rates among RealEstate.com's entire network

MCLEAN, VA, December 5, 2004 — Corus Home Realty, a residential real estate company serving Northern Virginia, Maryland, and the District of Columbia, received an award for 'Best Practices' for the second straight year by RealEstate.com, the real estate division of LendingTree.

"We are very proud to receive this prestigious award for the second straight year," said Michael Gorman, President and CEO of Corus Home Realty. "RealEstate.com and LendingTree revolutionizing their industries with a focus on responsiveness, technology, and customer service. This is very similar to what has built Corus Home Realty's success." Gorman continues, "Being chosen from over 800 partner brokerages nationwide makes it clear that we are providing the highest possible levels of service."

At the award presentation, Corus Home Realty was cited for high customer satisfaction levels and for achieving close rates that were the second highest in the entire RealEstate.com/LendingTree network. RealEstate.com's Ed Gresham pointed to Corus Home Realty's team approach, the company's 9-9 availability, and a relentless focus on customer service as reasons for success again this year.

Upon completing a transaction with the RealEstate.com/LendingTree network, each consumer is asked to rank their real estate brokerage in a variety of customer satisfaction categories, including responsiveness and overall experience. Since joining the network, Corus Home Realty has consistently maintained 5 stars, the highest possible ranking a brokerage partner can receive.

LendingTree, founded in 1996, is the premiere online lending exchange that connects consumers with lenders Realtors and related service providers through the convenience of the Internet. This business model provides consumers with a convenient, one-stop shop for their buying, selling and home financing needs. Consumers visiting LendingTree for residential real estate needs simply complete online requests for required services and LendingTree forwards the request to up to four brokerages within the LendingTree network. LendingTree recently purchased RealEstate.com and is in the process of creating the pre-eminent site on the Internet for consumers looking for resources regarding their home.

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Corus Home Center Opens In Rockville, Maryland

ROCKVILLE, MD, November, 30, 2004 — Corus Home Realty is pleased to announce the opening of the company's third Corus Home Center. Located at 800 King Farm Boulevard in Rockville, Maryland, this Home Center is Corus Home Realty's largest space to date. It complements the company's existing Corus Home Centers located in McLean, Virginia, and Fairfax, Virginia. All Corus Home Centers are open from 9:00a.m. to 9:00p.m., 7 days a week. Corus Home Realty's Home Centers are unique within the residential real estate industry. Designed as client resource centers, each Corus Home Center contains hundreds of proprietary neighborhood reports, exclusive school reports, maps showing zoning areas and school districts, a library of books and articles on home buying, community newspapers, and a new homes section. The Home Centers also contain the company's patented Corus Mobile Navigators and computer terminals with high-speed Internet access enabling clients to search for homes online.

Corus Home Realty's Rockville facility will also support the company's Rockville-based real estate team. Corus has been active in the Maryland real estate market since 2002, but to date, the team has been operating from a temporary facility. "We are very proud of this new office," said Michael Gorman, Corus' Chief Executive Officer. "We've received feedback from our past clients and incorporated them into this new space. Clients who have seen the new Corus Home Center have raved about the inviting atmosphere and the resources it contains." Richard Barney, Corus' Chief Operating Officer, also pointed out that Corus' growing popularity throughout the region has created the need for more office space. "Our Rockville Home Center is our biggest space so far, and we'll need it to meet the demand. This office will allow our team to serve our clients with even more ease than before."

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Corus Home Realty Unveils Two Revolutionary New Listing Programs

MCLEAN, VA, September 16, 2004 — Corus Home Realty announces the introduction of two revolutionary new listing programs: Corus Elite Listings and Corus Express Listings. These two new programs will help Corus Home Realty offer home sellers flexibility in choosing the listing program that best meets their needs.

With the Corus Express Listing program, sellers will pay just a 3.9% commission (0.9% to Corus and 3% to the buyer's agent) and will receive marketing and negotiation support that rivals what most listing agents currently provide. As part of this program, Corus provides signage, a lockbox, newspaper advertising, a full-color brochure, MLS listing and Internet exposure. Even with this low-commission program, Corus team members remain on-call from 9am-9pm, seven days a week to show houses to prospective buyers at a moment's notice.

With Corus Elite Listings program, sellers will pay a 6% commission (similar to what many other agents charge) but will receive a level of marketing that dwarfs what other agents currently offer. Direct mail to prospects and agents, a stunning multi-page brochure, aerial photographs, floor plans, virtual tours, and advertising in multiple publications are just some of the marketing tools that are used. Additionally, clients choosing Corus Elite will be provided with free handyman services, a free home warranty, and our exclusive "triple valuation" pricing program with an outside appraisal.

With our Express Listings program we're simply offering the best rate around, and providing a strong level of representation and marketing," explained Corus' Chief Executive Officer, Michael Gorman. "With our Elite Listings, we're throwing in the kitchen sink and then some."

Richard Barney, Corus' Chief Operations Officer, also notes that "with both programs, the Corus Home Realty team is available 9am-9pm, 7 days a week to answer prospective buyer calls and run right out and show homes if requested. Just try finding another real estate company open every evening and weekend!"

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Corus Home Realty Releases 2004/2005 School Reports

MCLEAN, VA, August 3, 2004 — Corus Home Realty has announced the release of the 2004/2005 version of the company's exclusive school reports. These reports provide comprehensive and hard-to-find information on each public elementary, secondary, and high school throughout Northern Virginia and Suburban Maryland. The reports include statistical data and rankings on areas including test scores, drop-out rates, crime statistics, and student-teacher ratios.

Corus Home Realty provides these reports to its home buyer clients to assist them in their home purchase decisions. The school reports may be obtained at any of the three Corus Home Centers or by calling any Corus office. This is no charge for the reports.

According to Michael Gorman, the Chief Executive Officer of Corus, "These school reports provide a depth of information that goes well beyond what is commonly available. We've taken the time to pull this information from a variety of sources and compiled it into a concise, convenient format. It's an important benefit to our clients."

Corus Home Realty is a residential real estate brokerage with offices in Fairfax and McLean in Virginia and in Rockville, Maryland. The company is known for providing home buyers and sellers with a superior level of service, responsiveness, and information resources, combined with a no-pressure approach. Corus was recently named one of the top 25 brokerages in the area by the Washington Business Journal.
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Corus Home Realty Releases Customer Service Survey Results

MCLEAN, VA, July 9, 2004 — Corus Home Realty released updated results of the company's comprehensive customer service survey. According to the survey, which asked past Corus clients to evaluate the company's performance, Corus received an overall rating of 4.69 on a 5 point scale in which "4" was described as "excellent" and "5" represented "superior."

"We are extremely proud of the survey results," explained Michael Gorman, Corus' Chief Executive Officer. "For the majority of our clients to rate our performance as 'superior' proves that we are living up to our promise of extraordinary service."

Corus Home Realty has been surveying its past clients since the company's inception. Surveys are mailed out after every completed transaction and feedback is provided anonymously. Clients are asked to rate Corus Home Realty and team members in a variety of categories from knowledge to communication to availability. Of the responses received to date, the lowest average score on any one category was 4.39. The rating scale used is: 1= needs major improvement, 2= needs minor improvement, 3= good, 4= excellent, and 5= superior.

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Corus Home Realty's Harry Potter Event A Huge Success

MCLEAN, VA, June 4, 2004 — Last night, nearly 900 past clients of Corus Home Realty, including their families, packed three theatres at Ballston's Regal Cinemas to celebrate Corus Home Realty's success and watch an advanced screening of the newest Harry Potter Movie: Harry Potter and the Prisoner of Azkaban.

As Corus Home Realty has grown, the company has taken many steps to thank their loyal and enthusiastic clients for their support. Inviting them to a free sneak preview of a major motion picture was just one more step in the process.

"Without the referrals and support of our past clients, Corus Home Realty wouldn't be nearly as successful as it is today," explained Corus' Chief Executive Officer, Michael Gorman. "Our past clients are continually spreading the word about our very high levels of customer service. We just wanted to say 'thank you' to them."

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Corus Home Realty Announces Grand Opening Of Fairfax Office

FAIRFAX, VA, May 11, 2004 — Corus Home Realty is pleased to announce the opening of a 2nd office in Northern Virginia. A Grand Opening celebration is scheduled for May 13th and, with hundreds of past and present clients invited, a great turnout is expected. This new office is located in the new Fairfax Corner, an exciting development featuring office and residential spaces in a vibrant “neighborhood” setting.

In the past year, Corus Home Realty has more than doubled its size, and has recently increased its staff to 38. With its additional personnel, Corus management hopes to further serve the needs of the company's clients and to provide levels of responsiveness and service that set Corus apart from other real estate brokerages.

"We are proud of our growth. The extraordinary number of referrals from our past clients is a testament to our high service standards," said Michael Gorman, Corus' Chief Executive Officer. "Clients continually tell us that our extensive information resources combined with our 9-9, 7 day a week office hours are big selling points."

Richard Barney, Corus' Chief Operations Officer also pointed out that Corus constantly gets rave reviews for the knowledge and dedication of the team. "Clients really appreciate that all our employees are salaried and primarily concerned with service not pursuing their next commission check."

Another unique feature of Corus Home Realty is that part of each office is set up as a resource center. The Fairfax Corus Home Center contains hundreds of proprietary neighborhood reports, exclusive school reports, maps showing zoning areas and school districts, a library of books and articles on home buying, community newspapers, and a new homes section. It also contains computer terminals with high speed internet access enabling clients to search for homes online.

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Corus Home Realty Makes The Washington Business Journal Top 25

MCLEAN, VA, April 16, 2004 — Corus Home Realty has been named by the Washington Business Journal as one of the "Largest 25 residential real estate companies" in the Washington, D.C. metro area. Even though Corus Home Realty is only 2 1/2 years old, the company's high rate of growth has enabled it to make the list so quickly.

"We've accomplished a great deal in two-and-a-half years," explained Michael Gorman, Corus' Chief Executive Officer. "From receiving a patent on our Mobile Navigator to being ranked as one of the top 25 real estate companies in the area by the Washington Business Journal, we've proven that a very different real estate model can be extremely successful!"

Eric Rossum, Corus Home Realty's Principal Broker, points to a long list of accomplishments. "We're among LendingTree's top real estate partners nationwide for customer service, we've received the highest rankings by ServiceMagic for overall customer satisfaction and HomeGain has designated us as a Platinum partner because of our strong service. We've really raised the bar for what great service means."

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Corus Home Realty Expands Into Maryland

ROCKVILLE, MD, March 29, 2004 — Corus Home Realty is pleased to announce the opening of the company's third office and its first in Maryland. The new office is located in the King Farm community in Rockville. Temporary space is currently being used while the permanent space is completed.

The Rockville office continues Corus Home Realty's rapid expansion. The company, started about 2 1/2 years ago, now has 33 employees and operates offices in McLean and Fairfax in addition to the new Maryland location. The Rockville team will service all of Montgomery County and parts of Frederick, Carroll, Howard, and Prince George's Counties.

George Gorayeb, Branch Manager of the Rockville office is excited about the new office. "Corus Home Realty has been incredibly successful in Virginia and I know that success will continue in Maryland. Many of our buyers are looking on both sides of the Potomac River and we will be able to serve their needs better now that we have a physical office in Rockville."

Corus' Chief Executive Officer, Michael Gorman, explained that "Corus has been successful to date because of our unique approach to real estate. No one else offers the level of service, responsiveness, and professionalism that we do."

Gary Macdonald, a life-long Montgomery County resident will bring many years of experience to Corus Home Realty as the office's Senior Home Specialist. Gary spent most of his real estate career with RE/MAX before joining Corus Home Realty.

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Gary Macdonald To Join Corus Home Realty

MCLEAN, VA, February 8, 2004 — Corus Home Realty is pleased to announce that Gary Macdonald has joined the company as a Senior Home Specialist. Gary will work out of his home office and Corus Home Realty's McLean location until the company's Rockville office is open.

A life-long resident of Montgomery County, Gary Macdonald has spent over 5 years in residential real estate. Before joining Corus Home Realty, Gary worked for a local RE/MAX franchise where he built his business into one of the top 3% in the nation. Gary also brings significant sales and mangement background having run his own waterproofing company in the area for several years.

"Having a real estate agent with Gary's level of success, dedication, integrity, and experience will be of great benefit to our company," explained Corus' Chief Operations Officer, Richard Barney. "Gary's commitment to customer service matches our approach to the business. It's a great fit."

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Corus Home Realty Announces Two Key Promotions

MCLEAN, VA, January 17, 2004 — Corus Home Realty recently promoted Nikki Blythe to Operations Coordinator and George Gorayeb to Branch Manager.

In her new role of Operations Coordinator, Nikki's responsibilities will include training coordination, management of new office openings, and facilitation of internal communications. Nikki has been with Corus for almost 2 years and was one of the company's first hires. "The level of dedication, energy, and insight that she brings to Corus is amazing," explained Corus' Chief Operations Officer, Richard Barney. "Nikki exemplifies the commitment to service that has been so crucial to our success to date."

George Gorayeb will bring decades of management and sales experience to his new role of supervising Corus' first Maryland office. According to Michael Gorman, Corus' Chief Executive Officer, "The experience and abilities that George brings to Corus are incredible. We're very pleased to have him on our team as we prepare to expand our business."

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Corus Home Realty Announces Two Branch Manager Promotions

MCLEAN, VA., December 18, 2003- Corus Home Realty, a residential real estate company serving Northern Virginia and Maryland, is pleased to announce two promotions that will be going into effect in early 2004.

First, Amy Richards is being promoted to Branch Manager of the McLean office. Amy has been with Corus for almost two years and was one of the company's first hires. "Amy has consistently done her job amazingly well, has eagerly taken on new challenges, and has gone "above and beyond" on too many occasions to count," said Richard Barney, Vice President and COO of Corus Home Realty. Barney continues, "Amy always has a positive attitude and has ably handled the additional responsibilities of Senior Home Specialist over the past several months."

Second, Bob Clark is being promoted to Branch Manager of the new Fairfax office. Michael Gorman, President and CEO of Corus Home Realty, emphasizes, "Bob has been with Corus for over a year and has proven himself to be one of the team's most valuable members. He has eagerly and effectively taken on any task thrown his way from Service Specialist, to Home Specialist, to working with clients." Bob also has had several years of management experience in his previous jobs and his management and organization skills will be put to the test in the new Fairfax office. Bob will also be handling Home Specialist duties in Fairfax.

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Corus Home Realty wins 'Best Practices' Award From LendingTree
Corus Home Realty cited for high customer service and close among LendingTree's entire network

MCLEAN, VA, OCTOBER 14, 2003 - Corus Home Realty, a residential real estate company serving Northern Virginia, recently received an award for 'Best Practices' by LendingTree, the leading online loan and real estate exchange.

"We are thrilled to receive this prestigious award from LendingTree and are proud to provide the quality of service that today's real estate consumer's demand," said Michael Gorman, President and CEO of Corus Home Realty. "Corus was founded on many of the same principles as LendingTree, including customer service, responsiveness and technology, and our alliance is a true fit." Gorman continues, "Receiving this award makes it clear that we are living up to our goals."

At the presentation, Corus Home Realty was cited for customer satisfaction and close rates that were the second highest in the entire LendingTree network. "Corus Home Realty managed their customer service and best practices with a total team approach to attain this award," explained LendingTree's Ed Gresham. "Corus' 9:00am to 9:00pm availability and team approach allowed them to contact each referral within the same day."

LendingTree, founded in 1996, is the premiere online lending exchange that connects consumers with lenders, Realtors, and related service providers through the convenience of the Internet. This business model provides consumers with a convenient, one-stop-shop for their buying, selling and home financing needs. Consumers visiting LendingTree for residential real estate needs simply complete online requests for required services and LendingTree forwards the request to up to four brokerages within the LendingTree Network.

Upon completing a transaction with the LendingTree Network, the consumer is sent a scorecard survey to rank their real estate brokerage in a variety of customer satisfaction categories, including responsiveness, overall experience. Since joining LendingTree's Realtor network, Corus Home Realty has consistently ranked 5 stars, the highest possible ranking a vendor can receive.

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Corus Home Realty Awarded Patent For Mobile Navigator Technology
Corus' innovative technology changes the way buyers can search for homes



MCLEAN, VA, OCTOBER 7, 2003 - Corus Home Realty, a residential real estate company serving Northern Virginia and Maryland, was recently awarded a patent for their proprietary Mobile Navigator, an extremely innovative real estate tool that revolutionizes the way clients can search for homes.

Corus' Mobile Navigator is a GPS-powered tablet computer that Corus clients can take with them in their car while looking for homes. By using GPS satellites to pinpoint the client's location, the Mobile Navigator can plot an interactive map of the local area and display all current home listings within the vicinity. Clients can then use the user friendly touch screen to instantly see pictures of the homes for sale, along with sales price and home features.

"We've found that today's consumers want more information and control over the home buying process and we built the Mobile Navigator to specifically fill this demand. "This tool truly puts clients in the driver's seat with its ease-of-use mobile format and by providing real-time home listing information at their fingertips. It's an extremely informative and enjoyable way for our clients to search for homes and we're proud to be the first to offer such a solution," commented Michael Gorman, Corus' Chief Executive Officer.

Corus Home Realty is a residential real estate brokerage serving Fairfax, Arlington, Falls Church, Alexandria, Loudoun, Prince William and Montgomery Counties. Corus provides home buyers and sellers with a higher level of service, responsiveness, and information with no pressure approach.

The Corus Mobile Navigator is only available to clients of Corus Home Realty. The system can be used either with a Corus team member in the car, or by clients independently.
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Corus Home Realty Hires George Gorayeb As Principal Sales Advisor
Former business leader and real estate investor joins Corus

MCLEAN, VA, May 20, 2003 - Corus Home Realty, a residential real estate company serving Northern Virginia and Maryland, today announced it has appointed George Gorayeb as Principal Sales Advisor.

Gorayeb, who joined Corus after serving in top marketing and sales executive positions for over 20 years, will be responsible for managing the company's ever-growing sales process and ensuring that prospective clients are effectively and efficiently given top quality attention and service.

With 24 years of business experience, George Gorayeb has a broad background in management, sales, and marketing both domestically and internationally. He has a B.A. in Philosophy and attended New York University Grad School of Business. He served as a Peace Corps volunteer and a Foreign Service officer with the US State Department and has lived and worked in five countries.

Richard Barney, chief operations officer of Corus Home Realty, said, "George's many years of executive experience in management, sales and marketing will be a tremendous asset to the Corus team. He will undoubtedly play a significant role in Corus' future expansion throughout the region."

Gorayeb said the decision to join Corus was based on the company's innovative approach to real estate and enormous market opportunity. "There are plenty of real estate companies serving the Northern Virginia and Maryland areas, but no one has the vision that Corus has," says Gorayeb. "Corus has a tremendous focus on meeting the changing needs of real estate customers and provides the technology and levels of responsiveness and service that are required in today's changing climate. By focusing and acting on these changing needs, Corus is many steps ahead of the traditional real estate companies."

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Corus Home Realty Launches Mobile Navigator TM Version 2.0
Proprietary Technology Changes the Way Consumers Find a New Home

MCLEAN, VA, AUGUST 19, 2002 - Corus Home Realty, a residential real estate company serving Northern Virginia and Maryland, has recently launched the second version of its Corus Mobile NavigatorTM.

Corus' Mobile Navigator is a GPS-enabled Tablet PC that uses GPS satellites and proprietary software to pinpoint a client's location, plot an interactive map of the local area, and display the most up to date information about current home listings within the vicinity.

By tapping on the unit's touch-screen, clients can view individual home listing information that includes photos, asking prices, and home features while they drive through neighborhoods in their own car. Corus clients can use the system by themselves, or can use it while being accompanied by one of Corus' qualified realtors.

Improvements to the Mobile Navigator implemented in Version 2.0 include porting the system to an easier-to-use tablet-style format. The company has also enhanced the Mobile Navigator's search functionality.

"Today's consumer wants to have more information and control over the home buying process. The Mobile Navigator puts clients in the drivers seat with its user-friendly mobile format that delivers essential real-time home listing information at their fingertips. It's an extremely informative and enjoyable way for our clients to search for homes," commented Michael Gorman, Corus' Chief Executive Officer.

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Corus Home Realty Adds Direct MLS Access To Web Site
New web site gives home buyers the same tools as real estate agents

MCLEAN, VA, FEBRUARY 2, 2002 - Corus Home Realty, a residential real estate company serving Northern Virginia, has recently made direct access to the MLS (Multiple Listing Service) available to anyone with Internet access.

The MLS is a database of all current and past homes for sale in the metropolitan area and is the primary tool that real estate agents use to help their clients buy and sell homes. Corus Home Realty has contracted with MRIS, the company that runs the MLS, to provide a direct "window" into the MLS from the Corus web site (www.corushome.com).

The advantage of linking into the MLS is that individuals can get the most up-to-date information on new homes - often much faster than through other web sites. Additionally, using the MLS link through the Corus web site gives users addresses as well as a detailed description of the property. In contrast, on most other real estate web sites, addresses are not revealed.

Corus CEO Mike Gorman explains why Corus has taken this step. "We understand that today's consumer wants to have more information and as much control as possible over the home buying or selling process. Providing a direct link to the MLS is just one more way Corus is working to better serve the needs of our clients."

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Corus Home Realty Launches Corus Mobile Navigator
Exclusive and revolutionary new system brings up-to-date home listings to a mobile platform

MCLEAN, VA, DECEMBER 10, 2001 - Corus Home Realty, a new residential real estate company serving Northern Virginia has announced the official launch of its new mobile platform technology. The revolutionary Corus Mobile Navigator (patent pending) allows homebuyers working with Corus to have all current home data, "on the road."

The Mobile Navigator, which was initially demonstrated at Corus' Grand Opening last month, is a combination of a computer map and homes database. The Mobile Navigator shows the location of all currently available and recently sold homes, along with basic information and a photo of each property. Updated daily, all properties are plotted with an icon on the map.

Equipped with a GPS (Global Positioning System) tracking device, this scalable map of the area remains centered on the laptop. As the user moves through a neighborhood, the map continually adjusts to follow, and plots the location of the user on the map.

Selecting any property on the map brings up a photo of that house as well as basic information like price, bedrooms, baths, size, schools, etc. Additional features of the Corus Mobile Navigator include the ability to search by criteria like neighborhood, price, style, etc., and a "hot list" feature that keeps track of the homes a client is most interested in visiting.

Corus CEO Mike Gorman explains that Corus has been testing this new system with clients for several weeks. "All the clients that have had the opportunity to use the Corus Mobile Navigator have been very impressed with the ease and usefulness of this system," explained Gorman. "If clients desire more control over the process, the Mobile Navigator can provide it for them."

Clients of Corus Home Realty can "check out" the Mobile Navigator for a day and use it on their own, or they can utilize this technology with a Corus team member when looking for homes.

Corus Home Realty is a new residential real estate brokerage serving northern Virginia. Corus works with home buyers and sellers who demand a higher level of service, responsiveness, and information with lower commissions and a low-pressure environment.

To achieve their goals, Corus has taken a very different approach to residential real estate drawing from best practices from businesses in other industries. For example, all Corus Home Realty employees are salaried and work together as a team to provide consumers with service that exceeds expectations. Additionally, the Corus Home Center is open 9am to 9pm, 7 days a week.

For more information visit the Corus website at www.corushome.com or call 703.827.0075.
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Corus Home Realty Opens Its First Corus Home Center
New center offers homebuyers an unparalleled amount of real estate information.

MCLEAN, VA, NOVEMBER 18, 2001 - Corus Home Realty, a new residential real estate company, opened its new Corus Home Center last week. The company held a Grand Opening Celebration on November 9th and 10th that was attended by over 120 guests.

Attendees also included Corus Advisory Board member Howard Rooks, the founder and former CEO of Mount Vernon Realty and head of Weichert Realtors, as well as fellow Corus Advisory Board member Dick Eagan, the former CEO of Century 21 Mid-Atlantic.

The Corus Home Center - a Unique Resource for Homebuyers

The Corus Home Center is designed as a real estate information center for the company's clients. The center is a key part of the company's goal of providing its real estate clients with a vast array of useful information on homes and neighborhoods.

Located on the first floor of Corus' McLean offices, the Corus Home Center contains over 600 of the company's proprietary neighborhood and condominium reports, maps showing zoning, planning areas, and school districts, a library of books and articles on home buying, community newspapers, and a new homes section.

The Corus Home Center also contains computer terminals with high speed Internet access, enabling clients to search for properties online. The center is staffed with Corus team members, who are available to assist clients in their real estate search.

"Today's homebuyers demand more information about real estate. They also want more control over the process. The Corus Home Center enables us to deliver Corus clients an unparalleled amount of information on homes, neighborhoods, and home buying within a unique, customer-friendly environment," commented Michael Gorman, Corus' Chief Executive Officer.

A New Approach to Residential Real Estate

Corus Home Realty is a new business venture that employs a unique approach to residential real estate brokerage. The company utilizes technology, a service team approach, and an education-centric business model.

The company's management has applied best practices from a cross section of proven business models from other industries to the residential real estate business. The goal of these efforts is to provide home buyers and sellers with a level of service that currently does not exist and that far exceeds expectations.

Corus has combined this new business model with the experience and relationships of residential real estate veterans - both on the company's advisory board and within the management team.

About Corus Home Realty

Corus Home Realty is a new residential real estate brokerage serving northern Virginia. Corus works with homebuyers and sellers who demand a high level of service, responsiveness, information, and reasonable brokerage commissions. For more information, visit the Corus Website at: www.corushome.com or call us at 703.827.0075.
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At Corus Home Realty, Former AOL V.P. Applies Technology To Real Estate

By Jennifer Heyns
Jan 5, 2005
Bull Run Observer


Welcome to the revolution in real estate. Corus Home Realty, with its three metropolitan area locations, strives to merge the business of real estate with the world of information technology.

I spent a lot of time looking into how to apply technology into the real estate business," said Michael Gorman, president and chief executive officer of Corus Home Realty. "This is a field that could use a lot of change; so our approach to real estate is very innovative."

Gorman, who received his MBA from Harvard University, has a background in information technology and formerly served as a vice president at America Online. His vision for Corus is to be able to serve a large number of clients in a consistent, high-quality, efficient way and believes his company is accomplishing that through a number of methods which set Corus apart from its competitors.

"Our philosophy is that today's clients demand a lot, and it is difficult for a single agent to be available to all of his or her clients at any given time," said Gorman.

Corus Home Realty is set up as a team, and all agents work together to serve all clients. In fact, even their work area is set up as a collaborative environment, with desks and workspaces set up all in one room. According to Gorman, the agents are all part of the team and are salaried employees, each aware of every client the firm is serving.

"Our big focus is on information technology," said Gorman. "We have the Corus Mobile Navigator, a GPS-enabled tablet PC."

The Navigator is a device invented and patented by Corus Home Realty and can be used as a listing's tool for agents and clients. Gorman said the device is in no way meant to be a substitute for an agent personally showing homes to clients, but it is often used by clients who wish to go exploring on their own.

The Navigator is a mapping system that shows listings in the vicinity of wherever the driver is at that moment. By touching the screen, clients can get a visual of the exterior of the home and data concerning that property, including physical description and price.

Another facet of Corus that Gorman and his team came up with to better serve clients is the Home Center; a portion of the office is devoted to information sharing at the client's fingertips. In this center, customers will find a wall of data reports, organized by location, home classification and price.

For example, pull out a report on western Prince William County, single family homes in the $200,000-$300,000 price range, and you will see a map of the area and surrounding areas with little black dots, which indicate listings in that area, along with a chart showing number of homes sold in each neighborhood, average selling price and more.

The Home Center also contains computers set up for Internet use and the Wall of Fame, where team members pin up all of the positive feedback they have received from satisfied customers.

"They are just things that you don't find in other real estate offices," said Gorman.

Additionally, at Corus, all of teh marketing has been centralized. According to Gorman, this gives the company a consistent image by portraying consistency, quality and high expectations to their clients.

Selling clients will find they have choices to make at Corus, said Gorman. Sellers can choose either the Express or Elite commission package. The Express package has a commission rate of 3.9 percent and offers standard marketing efforts. The Elite package, however, is just that, elite. It has a rate of six percent and includes the standard marketing efforts; however, it has several "above and beyond" services on top. The Elite client will also receive four hours of handyman service to help with repairs, a triple valuation to ensure proper pricing, a broker's open house, direct mail advertising, virtual home tour and aerial photos, and drafted floor plans included in a 10 page full-color brochure.

"It's a range of marketing that is really hard to match anywhere else," said Gorman.

In an effort to ensure their clients feel they are the most important aspect of business, Gorman said his team will always answer the phone during their business hours. Calls will be answered by team members who can all answer any question about any listing, and they guarantee to show buying clients any listing within tow hours of that client's calling and expressing an interest.

We believe that we offer an outstanding level of customer service, and we're very proud of it," said Gorman.

Corus Home Realty is located in Fairfax Corner, McLean and Rockville; all offices are open from 9am to 9pm, seven days a week.
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WTOP Radio Feature, 107.7 FM, 1500 a.m., 820 a.m.

Sept 15, 2002

WTOP Radio featured an in-car interview with Richard Barney and Dan Hartz of Corus Home Realty. (RealMedia Player is required to listen.)

WTOP Radio Clip #1 (RealMedia Format)

WTOP Radio Clip #2 (RealMedia Format)
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Technology And Real Estate Marry

By David Harris
June 21, 2002
Connection Newspapers


When Erin and Patrick Jones of Centerville set out to buy their first home in November they didn't know what to expect. Neither had much experience with realtors. Erin Jones also remembered the ordeal of trying to rent a house through a real estate agent with a friend several years ago.

"It was a miserable experience," she said. "There was never time. He had to cancel appointments, reschedule appointments. I was scared it was going to be like that."

When the Jones' discovered Corus Home Realty, a 10 month-old real estate company that uses technology to help its clients, they immediately felt comfortable, Erin Jones said.

"There was always someone available," she said. "The technology they were using was amazing."

CORUS HOME REALTY, based in McLean, lets its clients tour neighborhoods on their own with a borrowed laptop computer equipped with a GPS tracking device. Software on the computer lets clients see where the nearest available houses are from their location and gives them information about the property. They can learn the price, the address, the lot size, the number of bedrooms, the number of bathrooms, school information, an agent's contact information and whether or not a contract has recently been written for the house. There are also photos of the house.

Although much of that information is available on real estate Web sites, the software gives clients more autonomy during the search, making it possible for them to look for a home without a realtor, said Dan Hartz, a service specialist with the company.

"Some of our clients like to be more independent and want more control of the process," he said. "It's a low pressure approach without having that stranger with you."

"It makes the client more self-sufficient," agreed Jones. "It's a lot easier to have all that information at your fingertips."

When clients identify houses they would like to tour, they can call the Corus office and ask that an agent be sent out to show them the property. According to Michael Gorman, Corus CEO, agents usually are able to meet their clients within a matter of minutes.

"This is definitely meant to be used in conjunction with a realtor" he said. "

The company also uses what it calls a "team-based approach" to real estate. Rather than having one broker responsible for a client, all of the company's 10 employees work with all the clients, allowing staff to specialize in a particular area.

"It definitely was helpful that every single one of them knew who we were," said Jones.

GORMAN LIKENS the real estate company to companies in the information technology industry.

"We've definitely modeled ourselves after the tech companies a little bit," he said.

Gorman, a 34 year-old graduate of Harvard Business School spent several years working as a vice president of America Online, where he gained the technology background he put to use with Corus. Market strategies used by AOL have been replicated at Corus. Rather than networking in a community like traditional real estate brokers, he said, Corus employees will conduct market research or send out direct mailings.

According to Gorman, this kind of real estate technology could bring about considerable change in the industry. With the new technology, he said, "our employees are much more productive than traditional real estate companies." Employees are also paid a salary, rather than receiving commissions, which helps keep the stress level down, he added.

"One of the challenges traditional brokerages will have is changing their structure which many will find hard to do," he said.

He added that the response from clients and the industry has been encouraging. Other real estate companies do not feel particularly threatened, he said, because the industry is so big and fragmented.

"The GPS thing was really cool," Jones said. "It had pictures of little houses. No way to get lost with that, for sure."

BUT JOHN FITZGERALD, a 30 year veteran of the real estate business working with Better Homes Realty in McLean, said that new technology is not a substitute for an experienced realtor.

"A lot of that stuff is just a gimmick," he said, likening the Corus software to "talking houses," houses that have concealed speakers that play recorded messages giving clients information about the house.

"You need somebody who knows about the house, who knows enough about the market. That's what really counts," he said. "If I had no experience in real estate and I was going to make the biggest investment of my life, I'd want a real estate agent to go around with me."

Sending clients out on their own is actually doing them a disservice, he said. "The whole point of hiring a real estate agent is to help you buy something. You're really tapping into that agent's experience and expertise," he said.

The only time when technology like that would make sense, he added, is if a realtor were "a terminally hopeless map reader."

Like all gimmicks, Fitzgerald said, this one will not revolutionize the real estate industry. "I think it's basically a blip on the radar screen," he said.

"It's nice. It can't hurt anything. Is it going to change the world? I don't think so."
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Corus Links To MLS

February 27, 2002
Times Community Newspapers


Corus Home Realty in McLean is providing direct access to the Multiple Listing Service reports through its own web site (www.corushome.com).

The MLS form has long been the Realtors' primary source of information on housing available. It includes such vital information as the address, age, lot size, and number and location of bedrooms and baths.

Users will receive a password after providing their e-mail addresses through the Corus web site.
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'Computer Guys' Are Key To New Real Estate Firms

By Jackie Friedlander
November 28, 2001
Times Community Newspapers



Now that her company is moving from Rosslyn to Reston, Tina Briganti is hoping to buy a town house in Sterling.

"I grew up there," she said, "so it will be like going home."

At the opening of Corus Home Realty in McLean, Daniel Hartz showed her a new way to do it. All afternoon, he had been standing in front of the computer screen, demonstrating his Mobile Navigator. He continued doing it when Briganti arrived, after the sun went down.

"If you are driving through a neighborhood and want to see what is available there in your price range, it will put the listings on a map, along with information about the community and schools," Hartz said, to the crowd gathered around his computer screen. He sounded as enthusiastic about it as he had when he started the demonstrations, more than three hours ago. Lured, briefly, to the buffet table, which was stocked with gourmet goodies from Sutton Place Gourmet, he was quickly lured back to the computer screen when he heard someone ask, "What is the Mobile Navigator?"

Working, as she does, for a computer-related company, Briganti shares Hartz's enthusiasm for cyber-shopping. "This is a neat way to shop for houses," she said. As a longtime Northern Virginia, she might decide to go shopping alone, guided only by the Mobile Navigator. Out-of-towners may prefer having a human Realtor along, equipped with a company laptop.

A former Realtor, Hartz is filling the role of the Corus "computer guy." It is perfect casting, too. Briganti joins other guests in noticing his striking resemblance to the computer-guy-in-chief, Bill Gates.

Computer guys (and girls) are playing a vital role in most real estate offices. Old-line Realtors are busy earning the new "e-Pro" computer-expert designation.

At Coldwell Banker Stevens, Realtors in Loudoun, Jason Demers relies heavily on www.vadreamteam.com to attract clients to his Blue Ribbon Dream Team.. "Since I have been updating my site and adding features, I have had an abundance of e-mails from buyers and sellers impressed with its look, ease and information," he said. It averages 10 to 15 visitors a day, he said, and has led to seven completed transactions.

But the local Bill (or Melinda) Gates is the heart (or, as it were, the hard drive) of the new cyber-centered firms. They include the new local Corus Home Realty company as well as the older e-Realty.com, based in Texas, and zipRealty, with its California headquarters.

Wave of now

These firms are not only the wave of the future, insisted Ben Clark, marketing manager of eRealty.com in Purcellville and McLean. "They are the wave of now," he said.

To prove it, he points out that his offices have grown from two agents in July 2000 to 11 now, and he is hiring two more in Virginia. At the same time, his McLean location has doubled in size, to 7,000 square feet. What's more, he says, "We reached 200 transactions in our first year."

As for zipRealty, it plans to recruit 1,000 Realtors over the next 18 months, including 10 in Virginia, in addition to the current staff of 11.

W. Howard Rooks, who founded Mount Vernon Realty and went on to become head of the Washington office for Weichert, Realtors, seems to agree with Clark's assessment. Despite his experience with traditional agencies, Rooks is an investor and adviser to Corus. "I am excited about what they are doing," he explained.

If these firms are, in one sense, the wave of the future (or even the wave of now), in another way they hark back to more traditional business practice. The agents are paid salaries, with health insurance, company cars and other benefits. Most Realtors, by contrast, work as independent contractors, for straight commissions (most, but not all: Century 21 New Millennium in Ashburn and Kingstowne has switched to a salary system).

Michael Gorman, the chief executive officer of the new Corus firm, said that he does not expect to attract the "superstars," like Ron Rush or Ron Resnick at Long & Foster Real Estate.

"They are essentially running businesses of their own," he said, with commissions beyond any salary short of Michael Eisner's. Gorman said that he does, however, hope to interest Realtors in the top 10 percent of the field, as he adds more agents to his staff of six Realtors.

While both of the Rons, like other top Realtors, are the leaders of "teams," Gorman said that Corus is following another "team concept."

For traditional Realtors, he said, the "team" usually consists of the leader plus eight or nine assistants. At Corus, they will form a "team" with members who know about all their clients and listings. As one result, "There will be someone to answer the phones from 9 a.m. to 9 p.m." Each team member will also have the power to make decisions on purchase offers and counteroffers.

Eric J. Rossum, who has merged EJ Properties of Annandale with the new firm, is the leader of the first sales team and part of the company's management team as well. After 15 years in real estate, he is bringing, not only his experience, but also his invaluable client base. It includes David Evinger of Fairfax who attended the opening, where he said that Rossum had sold his parents' home.

Young and independent

Tina Briganti, too, had been brought to the company's launch event in a traditional way: through a personal contact. She is a family friend of Richard Barney, another of the founders, so he sent her an invitation.

Once here, she soon showed that she prefers this new method of home shopping, aided by the Mobile Navigator.

Like her, "our clients tend to be younger and more technological," Hartz said. More independent, too: The Realtor who sold Briganti her current Fairfax condo apparently failed to realize that fact.

"I felt that she was pressuring me to buy what she thought I wanted," Briganti said. "Here, they say I know what I want, and they will make it happen."

To help shoppers make the decision, a wall is covered with data sheets about communities and their housing stock.

The partners chose McLean because it is convenient to almost all those communities in Fairfax County, Gorman explained. But they have a buyer client who, like Briganti, is shopping in Ashburn. They also sold a town house that was listed with them, between the informal start of business on August and the Nov. 9 launch event. In that short time, it has become obvious to the owners that Loudoun County is also the wave of now.

"If we get many more clients like that," said Barney, "we will probably open an office there."
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