Lereah Leaving NAR to Join Move

Economist David Lereah is leaving the National Association of Realtors in mid-May to take a top position at Move Inc., a provider of real estate information that operates the NAR's website and owns Realtor.com.After seven years at the NAR, Mr. Lereah will become an executive vice president at Move, which is based in Westlake Village, Calif. The NAR is a longtime stockholder in the company, which was formed in the mid 1990s and was formerly known as Homestore. The NAR has directors on Move's board. Mr. Lereah will also serve as chairman and partner of a new business entity that former Realtor.com president and chief executive Allan Dalton is planning to launch in the third quarter. "Having David partner with me on this new venture will ensure that consumers and the industry will benefit from his unparalleled knowledge of financial issues and the real estate marketplace," Mr. Dalton said. The NAR can be found online at http://www.realtor.com, and Move can be found at http://www.move.com.