These Two Portals aren't Backing Down in Wake of the Coronavirus

March 30, 2020
Share this Post: 

News is changing and updating daily thanks to COVID-19, with companies coming up with innovative ways to keep up with the continued social shift. Two property portals are attempting the impossible by launching this spring despite the chaos surrounding this global pandemic. 

OpenBrix and Homesearch both are keeping their plans for spring launches even with the expectation that the property market will continue to decline. 

OpenBrix is looking to address the issues agents have with the industry's leading portals, while Homesearch's new portal has a goal to disrupt the industry through innovative technology. 

OpenBrix's launch date has yet to be disclosed and Homesearch's new portal launch date is currently set for the end of May. 

Other established portals are doing what they can. Free-to-list portal, Residential People, on to of offering its premium and advertising listings for free during this time, is also offering existing customers extended contracts. Its 'Featured Property' listing service allows agents the ability to exclusively advertise within a specified location.

Residential People has stated it has the estate agents in mind and is looking to support them in any way it can. 

The future is, more than ever, unknown for companies and consumers, alike. The pandemic is continuously shifting the way companies are dealing with market crisis, revenue drops, and stunted growth. But there seems to be home thanks to innovation and flexibility measures companies are taking to support their communities.

March 30, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More