At last week's Property Portal Watch workshop, casa.it CEO and general manager Daniele Mancini shared statistics showing that his is the top property portal in Italy, with more than 14,000 customers, 700,000 listings, 4 million monthly unique visitors - 300,000 of whom visit the portal's mobile website - and 600,000 leads generated each month. But casa.it still has some way to go when it comes to convincing agents and consumers that the future of property listings is online. Here, we ask Mancini what he's doing to address that challenge.
Market Leader has followed up its partnership with Weichert with two announcements this week: its acquisition of SharperAgent and the release of "Market Insider." The US-based real estate marketing software provider says its acquisition of the Denver-based SharperAgent - which provides online and print marketing suites to more than 30,000 real estate agent users - represents the next step in its efforts to create a comprehensive and integrated software platform for real estate professionals. Market Leader did not disclose the financial terms of the acquisition, but said the two companies will immediately begin working together to provide integrated solutions for franchise organisations and brokerage
Axel Springer, the German media publisher that acquired top French property portal seloger.com earlier this year, is reporting an 11.8 percent increase in revenue for the first half of 2010. The company says the financing of the seloger.com acquisition contributed to its consolidated net debt of €549.6 million at the end of the period, but that revenue reached €1,525.6 million and EBITDA was up 10.5 percent to €288.7 million. This growth was driven primarily by revenue increases of 53.4 percent in international print media and 30.3 percent in digital media. "As expected, the Group was able to more than compensate for slightly
Rightmove's half-year results for the six months to June show a 20 percent increase in revenue, a 25 percent increase in underlying operating profit, and a 23 percent increase in page impressions. Rightmove says revenue reached £47 million, while underlying operating profit increased to £33.4 million. "The strong growth in operating profits reflects the operational leverage in the Rightmove business model as well as continued cost consciousness," the company explains. Cash generated from operations was £32.3 million, up £4.8 million on the same period last year. Underlying earnings per share rose 35 percent to 24.8p compared to 18.4p a year ago. Rightmove says this was
Each week, we take a look at the top stories in real estate technology from the past seven days. Here are the latest stories from around the world: Singapore's iproperty.com.sg is the latest portal to release an Android app, allowing users to search over 70,000 listings. "Smartphone users account for over 10 percent of the total website traffic to iproperty.com.sg, and we believe this figure will grow to at least 15 percent by early next year as smartphone penetration in Singapore is set to increase," says iProperty Group CEO Shaun Di Gregorio. zillow.com also made some updates to its mobile offering,
zillow.com has released a new tool for agents this week with its "Top 10 Pros" lists, while trulia.com is branching out with another addition to its blog network. zillow.com's new Top 10 Pros lists are aimed at agents who want to showcase the other real estate professionals they recommend, creating a "fantasy real estate league." "Top 10 Pros allows real estate professionals to give consumers an inside look at their top picks; whether it’s an agent recommending a mover, a mortgage lender recommending a roofer, or an inspector recommending an agent," zillow.com explains. "The list is not meant to be
As the Property Portal Watch workshop finished up in San Francisco last week, we caught up with hemnet.se CTO Linus Lennstrand. Lennstrand's presentation for the workshop was an eye-opening look at how this Swedish property portal has become more than just a place for people to find property listings, and he shared how self-confessed "hemnet freaks" check the site multiple times per day. Listen in for his take on what makes this portal so popular. For more podcasts from the PPW Workshop, click here.
When Move, Inc acquired social search platform SocialBios at the start of July, the company called it part of an "acceleration into the area of social." So how will SocialBios change now that it's part of Move's offering? To find out, we caught up with the Move team and SocialBios founder Ernie Graham after the Property Portal Watch workshop.
www.realtytrac.com, the leading online marketplace for foreclosure properties, today unveiled its new bulk foreclosure data search and download tool now known as MEGA Data. This new product gives users the ability to quickly sift through RealtyTrac’s database of more than 2 million foreclosure properties to create targeted lists of distressed homeowners, scheduled auctions and bank-owned properties. Designed with the most powerful search filters in the industry, MEGA Data allows real estate brokers, agents, buyers, investors and direct marketing professionals to fine tune a data search matching their specific criteria. Search filters include the following: Property Type (Single Family, Multi-Family, Commercial Etc.) Loan Amount
After relaunching in March this year, propertyfinder.ae is looking to expand its audience with a new blog aimed at educating and entertaining property seekers across the UAE. Following in the footsteps of US portal blogs like that of zillow.com, propertyfinder.ae's offering will cover celebrity property news as well as observations on the UAE property market and tips for buyers, sellers and renters. The portal says experts will also be on hand to answer users' property related questions. "Charles Rosenbaum, manager of Highrise Owners Association Management is available to give advice on owners associations and associated issues, and visitors to the