Real Estate Blog

Word leaked that #1 Real Estate Blog Curbed.com is getting into the listings game a couple of weeks ago. As of today, the new service is live in Manhattan.

Curbed’s new Marketplace lets Realtors and brokers list their properties inside a traditional classifieds-type environment. For 99 bucks you’ll be able to reach out to some of Curbed’s 300,000 loyal readers.

The price is right, but it remains to be seen whether those readers will take the leap and move beyond their RSS readers to dig for listings inside the Marketplace.

More interesting however, is what Curbed is calling its QuickListings - which are advertorial-type property listings that are inserted into Curbed’s blow flow. Call them Sponsored Posts, but since Curbed generally treats listings as content anyway, this approach does not seem so incongruous.

The more I think about it, I like this approach a lot. As a broker or agent, your listing gets top billing and placement rather than being buried in the back pages. As the publisher, Curbed has already warmed its readers to receiving information they may be interested in. Readers will appreciate the clear deliniation between the editorial and advertising but may also appreciate the relevance of the content.

Newspapers, especially those who still have local real estate sections, would be wise to watch was Curbed is doing. It’s to these sorts of ideas that those fleeing advertising dollars will be going.

The only question I would have as a marketer is what sort of analytics are baked into the Marketplace and QuickListings - can I get reports how many times my item was viewed, what the CTR (click-thru rates) were? Even a geographic breakdowns of who was viewing my listing from where? Having that sort of information would make this product a home-run.

Coincidentally, Trulia launched a blogging platform last week, which makes for the very odd situation where you have a real estate blog is getting in to the property listings game and a propety listings portal getting into the real estate blogging game. Worlds are starting to collide here.

Will we soon be seeing featured listings inside Trulia Voices too?

See the original post here:
Curbed Quicklistings Puts Listings in Blog Flow

Despite a faltering property market, the market for UK based real estate search sites seems as resilient as ever.

In addition to propertyfinder.com, HotProperty.co.uk, Nestoria, Zoomf, DOTHOMES and perrenial top dog Rightmove, you’ve got new(ish) entries like Globrix.com, a site that was launched in January 2008 and is backed by Rupert Murdoch’s News International (a subsidiary of News Corporation, better known on these shores as the owner of FOXNews).

Globrix is clean, intuitive and Roost-like in its speed and simplicity. It also sports one of the simpliest landing pages I’ve seen - an approach that seems to have been eshewed by many of Globrix’s US counterparts. REALTOR.com, Zillow, Trulia seem bent on loading as much information as possible on to their home pages, and end up just overwhelming me.

Unlike Roost however, who introduced new filtering “blades” recently in order to clean up their search results (see Roost Redesigns Search Results), Globrix has managed to keep its search results pages tidy with a nice use of tabs and filter windows along the left column.

One nice touch is the price sliders at the top of the results page, which graphically represent the volume of homes for sale in any given market (a search of my former haunt Leatherhead shows that the bulk of the listings fall in the £300K range, for example). Makes it easy to see instantly how many listings fall into your price range and moreover, where the average list price for the area falls.

Globrix sources its listings from agents and brokers and sends the traffic directly to them if a consumer wants more information, with no intermediary “property detail” pages. It’s a convenient relationship but one that means that the results on Globrix are pretty bare bones. The experience for the consumer is restrained, and it would be nice, for example, to see more than one photo of the property on the site.

That said, it should be noted that Globrix is a pure search play (no blogs, community, q&a and other fancy features to clutter up the site) and their business model, like that of Google, is simply selling premium advertising placement around the results.

The hope is that through their own marketing efforts (it has a “significant multiple million pound budget to spend on marketing the site to consumers” this year) they can significantly grow the site’s brand awareness amongst UK buyers (and resulting traffic) and command top-tier advertising rates.

Presumably it will leverage its major media connections (like Frontdoor has) at some point too to help drive that awareness. In fact, that seems to be the case as Times Online recently dumped Propertyfinder in favor of Globrix.

One has to wonder too, as these big media corporations world wide begin to leverage more of their assets to build high-concept online real estate search tools, whether we’ll see more of that happening (or perhaps even some acquisitions) here.

More here:
Globrix Takes Aim at UK Property Listings

Apartment, Spain, Lomas del Rey Limmit Objekts Available … 890.000 EUR

View original post here:
Luxury Apartment

Apartment, Spain, Seavew, marmolfloors, Garage, Comunity Pool … 299.250 EUR

Read the rest here:
Nice Apartment with Sea View

House, Spain, Phantastic Modern Townhouse in Mijas Coast Malaga … 315.000 EUR

Go here to see the original:
Townhouse in Mijas Costa Malaga

The real estate application category on the iPhone seems to be filling out. When the upgraded version of the launched in July, Pulawai was the only real estate specific search tool (see 5 Apps Every Real Estate Agent Should Have on Their iPhone).

But that’s now changing and it looks like there is an epic battle brewing for screen space on my phone.

Trulia iPhone application

Trulia’s app is notable because of the prominence they give to open houses on the home screen. I think this is a wise choice, since people will likely be using this app as they are out and about and will want to find out what’s open near them to go have a look.

The search experience was very easy on Trulia’s app - simply pushing the ‘All homes for sale’ button takes you to a list of all the properties near you. (Your definition of “All Homes” may vary).

Searching all homes, it was a bit frustrating because wasn’t immediately obvious how the results we returned - it didn’t seem to be sorted by price or even distance away. Using the Custom Search option does let you get a little more specific on how those results are returned however.

Personally, I would have loved to be able to refine the search from the All Homes results page to weed out the listings that didn’t fit what I was looking for. Unfortunately instead, Trulia makes you go back to the beginning and start over again.

The biggest disappointment with Trulia’s app however are the listing pages themselves. Next to Utopria’s offerings they pale in comparison (see
Utopria Brings Property Listings to iPhone) Only one photo? Also, it’s great that you can show me where the property is on a map, but what does staring at a pin from space really tell me? I want a little more.

StreetEasy Real Estate

StreetEasy doesn’t waste any time. The New York based real estate site just takes you right into the search results as soon as you fire it up. I actually kind of enjoyed this - the less decisions I have to make up front the better. Let me get right to the meat and then let me start carving away.

(Though I have to say, the fact that the top listing it returned on its default search was an $80 million, 4 bedroom Central Park apartment made me feel more than a little bit inadequate.)

Clicking on the Edit Search button lets you refine the results and StreetEasy makes good use of the iPhone UI elements to make the refinement easy and enjoyable - lots of tumblers to spin up and down. Making search fun is one of the things the iPhone can be great at.

On the whole, StreetEasy succeeds where Trulia fails - showing you all the photos associated with a particular listing. Clicking on the thumbnail floats all the images upwards to a gallery like environment you can thumb through. I also loved the fact that the app lets you pull up the details on the building that a particular apartment is in.

Further, StreetEasy makes it really easy to tab between the listing description, the map and the agent’s contact information. Trulia struggles to accomplish this with a slightly clumsy popup menu.

HomeFinder

HomeFinder was created by developer Brandon Alexander (Alexander Mobile) and claims to bring over 4 million listings to the iPhone. Listings are drawn from Google Base, FSBO websites and feeds from several large MLSes and brokerages (not identified).

Compared to the two previous offerings, it’s pretty bare-bones, yet functional. HomeFinder gives you loads of options to filter a search - but it also kept crashing whenever it returned the results. So I’m going to have to withhold judgement on this app until we see a new revision.

So what’s the verdict?

StreetEasy’s iPhone app blows the competition out of the water in terms of ease-of-use, functionality and sheer slickness. Unfortunately it’s only available in New York City.

Trulia’s app looks great, gets off to a good start and then falls flat on its face. Frankly disappointing and hopefully future versions will add some of the missing features.

The others (Puluwai and HomeFinder) well, compared to their commercial competitors, feel unpolished and struggle due to poor data sources.

So for now, there’s no clear winner. Unless you live in New York.

Source:
iPhone Real Estate App Showdown

Simon Baker, former CEO of Australian REA Group, has launched a new web site he’s calling Property Portal Watch. From his blog:

Property Portal Watch will be the one stop shop for all information on property portals around the word. It is designed to provide news, views, rumours, overviews and general information on property portal sites throughout the world. In addition it will provide tips and techniques for those wanting to advertise online. Its first incarnation is as a blog (while i get the proper site built).

Simon helped build REA Group into a truly global real estate search powerhouse that now has operations in 10 countries. It owns 22 websites, eight print publications and its web sites have over 8 million unique visitors each month.

Given that background, I’m sure there will be some great info coming out of there. For anyone who’s interested in watching the Real Estate 2.0 space - make sure you give it a visit and subscribe.

View original post here:
New International Property Portal Site Launched

Over the last couple of weeks we’ve seen a handful of companies launch real estate search tools for the iPhone, but Canadian company Utopria is the first out of the gates to take the listing flyer and single property web site and bring it onto the mobile platform.

I gotta say. I love this thing.

Here’s how it works. Punch in a single property website URL found on sign rider (e.g. www.262mapleview.com) using Safari on your iPhone. MediaPod (Utopria’s platform) then delivers a specially formatted version of the listing page to your phone.

The Mediapod flyer incorporates all the expected marketing elements, like a company logo and phone number but the first sign that this is something different is that rather than a static head shot, Mediapod gives agents the ability to embed a video that introduces themselves. Very slick.

(Another clever touch is that the agent’s contact information includes email and phone links that dump you directly into the respective application on your iPhone.)

Still pushing the multimedia angle, inside the property information section of the flyer, in addition to the standard information (price, square footage etc.) prospective buyers can listen to a pre-recorded audio introduction by the agent about the specific property.

Another slick touch is that buyers can also choose to view surrounding schools, restaurants, parks and shopping outlets from a drop down menu and then have those instantly mapped into the Google Maps application on the iPhone. (To which you could then get directions, using iPhone’s location awareness.)

If you don’t have an iPhone, you can see how it works watching this video.

A few downsides however. The implementation of the property photos seems a little weak. I would love to be able to pull up the photos full-screen and be able to scroll through them using the beautiful touch screen interface of the iPhone. Though I suspect this may be due to the limitations of the iPhone SDK rather than the Mediapod platform.

Also, any existing virtual tours of the property are disabled - but this again is due to a limitation in the iPhone OS which has put the kibosh on Flash. Presumably though, if the home has a video tour associated with it, that could play through.

Finally - the basic design of the page could use a bit of a face lift… it didn’t knock me off my seat. But I guess that’s something that could be customized for each agent anyway.

All in all, Utopria’s offering is a fantastic demonstration of what makes the iPhone such a powerful consumer tool - and I suspect it is the first shot in a coming fusillade of iPhone-based property marketing tools.

I’d say it’s well worth exploring as part of your marketing tool set, especially for any agent who’s looking to establish a differentiating wow factor for their sellers or one who works in a tech heavy (Silicon Valley, Seattle, New York) area.

See original here:
Utopria Brings Property Listings to iPhone

In its September 2008 issue, alongside its reviews of tub cleaners and organic produce, Consumer Reports turns its critical eye on the real estate industry.

The publication polled a sample of 3753 readers who sold or tried to sell a home, 4029 readers who bought a home and 7368 readers who did both. The results are illuminating to anyone in the industry; especially some of its findings which will surely be controversial.

Let’s look a bit deeper at the numbers.

First, the good news. Only 1% of sellers tried to use an online web site (craigslist, forsalebyowner.com etc.) to sell their home. 80% chose to go with an agent. It suggests that any fears that online players may someday distermediate the Realtors seem overblown. Sellers want to work with a real estate professional

The bad news is that CR concludes is that overall “higher commission didn’t always translate into more service or better results.”

Moreover, respondants who “paid commissions of 3 percent or less were just as happy with their brokers performance as those who paid 6 percent or more.” In fact, those who paid more were “more likely to say they had regrets about the selling process”.

More troubling, is that CR recommends that consumers continue to aggressive negotiate the 6%
commission downwards.

Seems to me that the real challenge here is that, moving forward, the industry needs do a better job of communicating its value (beyond puff advertising pieces) and, more importantly, delivering that value to consumers.

There are many ways to turn this tide, but I believe one way to slow the downwards trend on commissions is if brokers and agents can demonstrate to consumers they have an aggressive multi-modal marketing package in place for each and every listing.

Unfortunately, despite overwhelming evidence that consumers are looking for homes on the Internet (about 80%), it seems some Realtors are still choosing to ignore the medium.

According to CR, 85% of Keller Williams agents advertised homes on the Web - compared to only 76% of RE/MAX agents and 75% of Century 21 agents. The numbers, while high, are still unacceptable.

Agents should be syndicating their listings across the Net, taking dozens of high quality photos of the home, creating single property sites, doing video tours, blogging about their listings’ key selling features. Any or all of these approaches can add value (either real or perceived) to the bottom line of the transaction.

Brokers aren’t off the hook either. They need to be educating their agents on what the 21st Century internet-savvy buyer is looking for and then provide those platforms that can deliver those services to their agents.

The Internet is not the be all and end all to getting a home sold. But far from being a threat to commissions, it may just end up being their salvation.

Continued here:
Can the Web Save the 6% Commission?

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
<br />
The property has three rooms on each floor and corridors.<br />
<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
<br />
The nearest SPA centre is around 50km away. <br />
<br />
The river of Danube is 30km away and daily boat trips are available. <br />
<br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
<br />
Free hold.

Read more from the original source:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
<br />
The property has three rooms on each floor and corridors.<br />
<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
<br />
The nearest SPA centre is around 50km away. <br />
<br />
The river of Danube is 30km away and daily boat trips are available. <br />
<br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
<br />
Free hold.

Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
<br />
The property has three rooms on each floor and corridors.<br />
<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
<br />
The nearest SPA centre is around 50km away. <br />
<br />
The river of Danube is 30km away and daily boat trips are available. <br />
<br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
<br />
Free hold.

Original post:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
<br />
The property has three rooms on each floor and corridors.<br />
<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
<br />
The nearest SPA centre is around 50km away. <br />
<br />
The river of Danube is 30km away and daily boat trips are available. <br />
<br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
<br />
Free hold.

Excerpt from:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
<br />
The property has three rooms on each floor and corridors.<br />
<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
<br />
The nearest SPA centre is around 50km away. <br />
<br />
The river of Danube is 30km away and daily boat trips are available. <br />
<br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
<br />
Free hold.

View original here:
Country estate (16k) in a picturesque & unexplored area in the county of Montana

<span class=”field_caption”>Full Description</span>:&nbsp;Two storey 3 bedroom country house, solidly built, located in a very green and unexplored area.<br />
<br />
The property has three rooms on each floor and corridors.<br />
<br />
With its unspoiled nature and good communications the village of Slivovik provides great opportunity to find your holiday or permanent home in one of the loveliest regions in Bulgaria.<br />
<br />
The village benefits from local school, post office, banks, park, horse–riding range, shops and regular public transport. Five km from the center of the village is the train station that provides link with the capital city of Sofia(160km). The nearest county town of Montana /20 km/ is great place for shopping and going out with its good range of shops, supermarkets and restaurants.<br />
The area of Montana is also very popular with its lakes, dams and rivers, providing great opportunities for fishing, hiking, mountain-biking, horse-riding, etc. <br />
<br />
The nearest SPA centre is around 50km away. <br />
<br />
The river of Danube is 30km away and daily boat trips are available. <br />
<br />
The property needs attention inside and out. The second building in the garden may be easily transformed into guest house. The estate is electrically and water supplied. Its garden is 1560 sq/m. <br />
<br />
Free hold.

Originally posted here:
Country estate (16k) in a picturesque & unexplored area in the county of Montana