Real estate industry Web site operator Move Inc. said Wednesday that it had sold the assets and certain liabilities of its Welcome Wagon property to South Florida Media Group.

The Westlake Village company, which operates the online sites Move.com and Realtor.com, did not disclose financial terms of the sale.

Welcome Wagon is the modern incarnation of a home-party service formed in 1928 to provide neighbor and local business introductions to people who had recently moved into a community. Move has been trying to sell it since August, when the firm announced it wanted to focus on online real estate.

Move shares were down 1 cent, or less than 1 percent, to $2.04 in midday trading on the Nasdaq.