French Portal Bien'ici Reports 10% Market Share Growth And Announces New Features

November 6, 2023
Share this Post: 

Bien'ici, the number three real estate portal in France, has increased its market share by more than 10% in the last 12 months despite overall market growth of less than 1.5% in France.

The portal, which is also majority-owned by the French Real Estate Agents Association (FNAIM), now achieves more than 15M visits to its website every month and represents the interest of over 15,000 real estate agents in France.

Other findings include a 43% decrease in demand for real estate and an increase in listing periods for agents before a property sells. Sales now take 67 days to complete, up from an average of 54 days in 2021.

Meanwhile, CEO Cyril Janin has also announced that the portal is set to debut some new features at the upcoming RENT conference in Paris, including a reoptimized 3D map and a new search feature for sorting properties according to their Energy Performance rating.

Bien'ici will also add a search feature specifically for buyers with reduced mobility as it seeks to cater to a broader range of individual needs for buyers.

Bien'ici is the only one of France's major portals to restrict FSBO listings—a point Janin was keen to make in an open letter to all French real estate agents which he penned this summer.

November 6, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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

Strategic Partnership1 1
LankaPropertyWeb Partners with EMediaLinks to Market Sri Lankan Real Estate to Chinese and North American Investors

Sri Lanka-based real estate marketplace LankaPropertyWeb has partnered with U.S.-based property marketing company EMediaLinks to market property in Sri Lanka to...

Read More
Shutterstock 1118947796
Baltic Classifieds Group Sees EBITDA Margin Reach 78% in Bumper Half Year Results

The online classifieds operator Baltic Classifieds Group (BCG) has reported bumper numbers for the first half of its 2024 financial...

Read More
Streeteasy Skyline
Zillow-Owned StreetEasy Hikes Daily Listing Prices by 15%

StreetEasy has increased its daily listing fee for rentals—the fourth such hike since 2017. Agents will now pay $7 per...

Read More
Portal Standards Cover Art
Portal Standards Report 2023 - Which Features Are 'Standard' on Real Estate Marketplace Websites?

When you think of the ideal place to find a new home, you probably conjure up a mental image of...

Read More

Editor's Pick