Announces Two Multi-year MLS Operating Agreements Totaling Over $1.2 Million

Business Wire, May 11, 2000

Business Editors

RENO, Nevada--(BUSINESS WIRE)--May 11, 2000

3,000 Agents select XMLSweb(R) in Florida's prestigious Suncoast

Both Sarasota And Manatee Counties Select HomeSeekers.com As Their

New MLS Provider For The Next Three Years

HomeSeekers.com (NASDAQ: HMSK) announced today the signing of two significant multi-year technology agreements utilizing its heralded XMLSweb(R) product with both Sarasota and Manatee Counties, two major MLS organizations on Florida's prestigious Gulf Coast. In addition, these contracts allow HomeSeekers.com to potentially increase one of the company's primary revenue sources through sales of agent websites licensed through these MLS organizations.

"We wanted modern technology that uses the power of the Internet, and knew that HomeSeekers.com's XMLSweb(R) would bring greater capabilities and super functionality to our members," said Ann Guiberson the Executive Vice-President of the Sarasota Association. Sarasota, recently named one of the three best places to live in the country by Modern Maturity magazine, will begin installations immediately, replacing the existing Interealty MLS system it has been using for over 15 years. Benefiting approximately 3,000 real estate professionals, HomeSeekers.com's XMLSweb(R) and related products will allow agents and brokers to serve home buyers and sellers more effectively by utilizing technology to increase home sales and by simplifying the real estate transaction process.

"The capabilities and superiority of HomeSeekers.com technology solutions are being recognized in one of the most active real estate areas of the country as well as around the world and we continue to beat out competitors and win the majority of contracts up for bid. This announcement continues to show the strength of HomeSeekers.com total technology solutions and reinforces the increasing acceptance of the XMLSweb(R) technology for computer savvy real estate professionals," says HomeSeekers.com CEO Greg Costley.

"HomeSeekers.com's technology greatly benefits agents and brokers by moving the mission-critical MLS data to the Internet, thus facilitating immediate delivery of time-sensitive information, multi-media presentations, and professional CMA's to both buyers and sellers. By adding Sarasota and Manatee to our rapidly growing base of customers in Florida it is our intention to set the groundwork and foundation for a state-wide MLS system that would provide a low-cost way for real estate professionals anywhere in Florida to access MLS property data" said Ira Luntz, President of HomeSeekers.com's XMLSweb(R) business line.

About HomeSeekers.com, Inc.

HomeSeekers.com, Incorporated is a leading provider of technology to the North American and International real estate industries. The company provides technology solutions and services targeted to brokers, agents, Multiple Listing Services (MLS), builders, consumers and others involved in the real estate industry. HomeSeekers.com is the only national real estate web site to update daily in English and Spanish and provides approximately 850,000 listings in the U.S. and a variety of real estate related information. Product and services offerings can be viewed at the company's primary website, http://www.homeseekers.com.

This press release contains various forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future results of operations and market opportunities that are based on HomeSeekers.com's current expectations, assumptions, estimates and projections about the company and its industry. Investors are cautioned that actual results could differ materially from those anticipated by the forward-looking statements as a result of the success of HomeSeekers.com's branding and consumer awareness campaign and other marketing efforts; competition from existing and potential competitors; HomeSeekers.com's ability to continue to develop and integrate new products, services and technologies; and risks and competitive factors associated with doing business outside of the U.S. These factors, along with other potential risks and uncertainties are discussed in HomeSeekers.com's reports and other documents filed with the Securities and Exchange Commission.