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Search - Thursday, July 2, 2009

AH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck

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AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s service only operates in the greater Washington D.C. area and Southern California but it plans to use the new funds to expand into additional markets, including North Texas and Rhode Island. The Dallas Morning News (an AH Belo site) will launch Sawbuck.

We took the service for a spin and it does indeed seem to be well designed, although most visitors will not see anything terribly new. The nicest feature is that you can schedule a tour with a real estate agent via the site.

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