The program has
processed several offers, with one acceptance already."

About Redfin
Redfin (http://www."
A recent Edmunds.fourthfleet.

guarantee settlements

Unlike Web sites that exist to serve real estate agents,
Redfin is dedicated to the consumer as the customer.
"This new program is another illustration of Wheels' commitment to adding
value to our service offerings and makes vehicle financing very convenient for
our clients' employees.

gm buypower

" In a newly published article on negative equity
(http://www.

memberships negotiate

To see properties, Redfin Direct
customers visit open houses, or for a private tour, contact the listing agent
or the seller. People who roll negative equity into subsequent car loans put
themselves into an unwise, expensive economic situation -- they will be paying
off cars they no longer own while also paying down the loan of their current
cars.html), Reed
reports that some consumers have turned to using cash rebates as a way to
neutralize their negative equity situations . "This
makes for a better experience for our clients' employees and easier
administration for the fleet office," Reese added.

deposit arranges

com
206-340-8794 x 104

Edmunds.
(Logo: http://www. However, that may not be as much
of an option in the future as it is now.com
was named "best car research" site by Forbes ASAP, has been selected by
consumers as the "most useful Web site" according to every J.D. Power and
Associates New Autoshopper. The company is
headquartered in Santa Monica, Calif.

*IRS data as of 3/11/05

clients. Fourth Fleet's personalized financial
services mean that partner companies can quickly and easily increase their
driver or individual sales programs.

negotiates fee

Edmunds.com, iVillage. (http://www.

agreements customizable

"
"Redfin Direct is fantastic," said Kevin Weed, one of Redfin Direct's
first customers.
"Redfin has been committed from the start to empowering consumers with
information previously limited to agents," Redfin founder David Eraker said.com analysts have already
seen Chrysler and GM, among others, starting to lower cash incentives on some
of their new vehicles. Wheels has 550 employees and manages more than
240 ,000 vehicles.

conversions deposit

Today, Redfin offers home-buyers a choice between traditional service for free
via Redfin Connect or electronic service with a commission refund via Redfin
Direct. For example, the company supplies content for
the auto sections of NYTimes. Fourth Fleet will be able to
offer them a wide range of full-service vehicle financing options to suit
their needs.

assistive guarantee

For a typical $400 ,000 listing, the discount
would be $8,000 or 2% of the home price. Redfin's business methods
and search technology are patent-pending.newscom.com True
Market Value(R) pricing, is generated by Edmunds . and maintains a satellite office outside
Detroit.

About Wheels, Inc. For additional information, please
contact info@wheels.

About Fourth Fleet Financial
Fourth Fleet Financial is a personalized auto finance company that helps
fleet, remarketing, and leasing companies maximize vehicle values through an
easy-to-implement financing solution for the entire credit spectrum of buyers.

assistive arranges

"
According to a Redfin survey, 58% of registered Redfin users are "very
interested " in an online service for making an offer.com Information Solutions and
is licensed to third parties ., Wheels, Inc.

locating lowest

By using Redfin's site to do the house-hunting legwork on their own,
Redfin Direct customers earn two-thirds of the buyer's agent commission for
themselves, applied at closing . SANTA MONICA, Calif.com/cgi-bin/prnh/20031009/LATH011ALOGO )
In February 2005, 26.com is the premier online resource for automotive information., a leader in the
multi-billion-dollar fleet -leasing industry, today announced that they are
working with Fourth Fleet Financial to provide financing for driver and
employee vehicle sales.
Tim Janssen, Vice President of Business Development at Fourth Fleet
Financial, stated, "Wheels is a company with a great reputation in the fleet
industry . The result is
an expanded purchaser base for vehicles coming off lease -- a definite
advantage for Wheels' clients.wheels.

Sites in this category provide information, services, links and various methods to assist people who are in the car buying process.

deposit paperwork

For Seattle-area home-buyers ready to make an offer ,
the program combines online service with agent telephone support to prepare a
standard offer , negotiate terms and coordinate closing. Another survey found
that the stages of the home-buying experience where consumers felt that they
needed the most support were in areas supported by Redfin Direct: generating
a legal and accurate offer, negotiating final terms and contingencies, and
presenting the offer in a credible way to the seller.

secures behalf

Using a technology known as Redfin Enriched Listings(TM) , consumers
can locate a listing on an aerial map, and see in one place the information
used to market the property as well as data from tax records and other
objective sources.com/advice/strategies /articles/104952/article.com, AOL, About.

Wheels Inc. and Fourth Fleet Financial Launch Financing Program for Vehicle Buyers

Fourth Fleet Financial does the shopping for the
buyer and then provides them with a range of attractive financing options.

agreements memberships

SEATTLE, Online real estate broker Redfin today
launched Redfin Direct, a home-buying program for saving consumers thousands
off the price of a home., People getting tax refunds
this year are averaging amounts of $2,294, according to the IRS*.

acquired guarantees

The average amount of negative equity in these vehicles in
February 2005 was $3,646.com poll of 1,486 consumers found that 26 percent of car
buyers consider trading in a car with negative equity to be "just part of the
car-buying process. And, from the buyers' perspective, the
administrative process, which includes facilitating the title work, becomes
easier and faster. The
need to visit multiple websites or locations to find the best funding is
virtually eliminated," according to WheelsDirect Manager, Terry Reese.
Wheels, Inc. Its holding company, Frank Consolidated Enterprises,
currently ranks as one of the largest private companies in the United States,
with nearly $2 billion in annual sales. To find out more about their financing
solutions, call 1-800-259-7472 or visit http://www .

secures memberships

com, Inc. Edmunds.S.com.

agreements locate

For those who need help finding and touring homes to buy,
Redfin is continuing to connect its customers with a free partner agent, in a
program now known as Redfin Connect. Now we are
putting the home-buyer completely in charge, with an online service for making
an offer ." "This strategy holds true whether the
person keeps the car or immediately trades it in for the latest car of their
dreams. Edmunds.

agreements acquired

Redfin Launches Industry's First Online Home-Buying Service

"The online forms guided me through the process of making an
offer, and Redfin's agents provided superb back-and-forth support to ensure
that my offer met all the seller's requirements.

Tax Refunds Drive Key Financial Strategy for Car Buyers

com, the premier online resource for automotive information , suggests
that consumers could wisely use this "found" money to pay down their car
loans.

About Edmunds.com.

agreements locate

Unlike traditional agents, Redfin Direct agents do not offer private home
tours, or advice on which property to buy.edmunds.com and IGN.com,
provides weekly data to Automotive News and delivers monthly data reports to
Wall Street analysts.com also publishes a high -speed, on-screen car
magazine called Inside Line available free at http://www.com Study(SM) and was ranked first in the Survey of
Car-Shopping Web Sites as reported by The Wall Street Journal. We are excited to be working with them to provide convenience and
exceptional customer care to their U. Applications can be quickly completed with less paperwork
via WheelsDirect internet service, fax, or by calling Fourth Fleet Financial
directly.
The company excels by offering superior levels of customer service and
comprehensive auto finance products to individuals seeking to purchase
corporate or consumer lease vehicles.

deposit guarantees

Redfin Direct is not available to
consumers working with a Redfin Connect partner agent.com) seeks to offer consumers better information and
electronic service at every step of the home-buying and -selling process.
"It would be an excellent idea for consumers in an 'upside down' situation
to apply their tax refund to their car loan to pay off their negative equity,"
said Philip Reed, Edmunds.insideline.com."
Fourth Fleet Financial works with multiple lenders across the entire
credit spectrum to find the best match for prospective buyers.

paperwork guarantee

"Two percent can spell the difference
between winning and losing the house you want," said Marcus Smith, Redfin's
senior broker and vice president of real estate operations. "You can direct
the money you save to the seller to make your offer more competitive, or use
it to afford a better home.com Senior Consumer Advice Editor and co-author of
"Strategies for Smart Car Buyers. DES PLAINES, Ill.com), which pioneered the concept of auto leasing
in 1939, provides a full range of specialized services to help corporations
manage their vehicle fleets.

refund buypower

The bottom-line is that
Redfin's commission refund and pricing data made me much more competitive as a
buyer. Over time, we believe that technology can give real estate consumers
better information, more choices, and lower transaction costs.

gm locating

"For example, we combine tax records with listings to let consumers see the
price histories and assessed value of properties on the market.redfin. Edmunds.

gm lowest

deposit secures

Press Contact
Bahn Lee: bahn@redfin.2 percent of consumers who traded in their existing
vehicles for a new car still owed more money on their trade in than it was
worth, a situation known as negative equity or being "upside down" on their
car loans.
Its comprehensive set of data, tools and services, including Edmunds.

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