realestateVIEW, the Real Estate Institute of Victoria (REIV) majority owned and operated site, has just bought the Real Estate Institute of Queensland (REIQ) owned site, REIQ.com for an undisclosed amount.
The sale was confirmed by REIQ chairman, Rob Honeycombe, in an email to members. In the email he stated that it had “become increasingly obvious this was a battle we could not wage alone”.
He went on to say, “REV already has an impressive public audience in Queensland, and when your listings are added in coming weeks we believe the site will truly provide that viable and strong, national presence in the portal marketplace that members asked us to pursue.”
He added, “REIQ members will enjoy discounted listing rates and we’ll be working closely with the REV team to support the site in Queensland."
realestateVIEW sources content from around Australia and its shareholders include the Victorian, NSW and Tasmanian real estate institutes.