Portuguese market leader casa.sapo.pt has undergone a major redesign with changes to its layout, search functions and features for users. The revamped portal says some of its new features include price charts in every listing showing high, low and median property values, a new price change alert feature for home hunters, and the ability to store viewed properties in a personalised folder. casa.sapo.pt adds that agents who are subscribed to its national real estate barometer will have their logo displayed within its search results. Agents' contact forms have also been given greater prominence, which the portal says should increase
North Irish property portal propertypal.com is rolling out an online video advertising option to its agents that it says is a first in the industry. According to propertypal.com, agents will soon be able to book an in-house audio-visual team to create 10 second walkthroughs of a property, which will then be merged into a 60 second advert for online and TV. The portal explains that it is using resources from North Irish news company UTV, which acquired a 50 percent stake in propertypal.com in September 2010. propertypal.com adds that properties featured in the videos will also be showcased in
zillow.com is now feeding its for sale listings to realestate.yahoo.com and selling ads for both real estate websites, creating what it says is "the largest real estate network on the web." zillow.com and realestate.yahoo.com announced the deal to offer advertisers a single channel to list on both websites in July 2010. zillow.com's 4 million for sale listings now appear on realestate.yahoo.com, and the website explains that it will has also extended its Premier Agent program, Showcase Ads and Featured Listings to realestate.yahoo.com. The deal also means that real estate agents will be able to buy local advertising on realestate.yahoo.com,
Investment holding company Groupe Arnault will sell its nine percent stake in French market leading property portal seloger.com to German publisher Axel Springer at the new price of €38.05 per share. tradingmarkets.com explains that Arnault previously refused to sell its shares in seloger.com at Axel Springer's initial price of €34 per share, however the German publisher has since upped its offer to €38.05 per share, valuing the company at €57 million. This offer was accepted by the seloger.com Board in mid-January. Arnault's decision comes as seloger.com reports its full-year sales figures for 2010, revealing an increase of 13.3 percent
Following on from its recent acquisition of Malaysia's fullhouse.com.my, Singapore-based property portal company Allproperty Media has bought Indonesian real estate website rumah.com for an undisclosed sum. Allproperty explains that rumah.com was launched in 2007 and now sees 500,000 buyers viewing 8 million pages per month, with 120,000 properties for sale and rent on offer. "Indonesia is a strategic market with enormous potential, that combines a hot domestic property sector with a large and exploding online population," says Allproperty CEO Steve Melhuish. "In addition, this acquisition gives [Allproperty portal] propertyguru.com.sg a unique regional marketing capability to real estate developers and
zillow.com users are responding to the website's latest upgrade on its blog, and it seems many are unhappy with the new map-based search. zillow.com released a range of new features for users early this week, including a large map-based search interface inspired by the zillow.com iPad app. At the moment, the zillow.com blog has 84 comments, the majority of which are critical of the new search interface. "You’ve broken zillow," one user commented. "Please give us an option to use the old look instead of forcing this new look on us." Other users mentioned switching to zillow.com competitor trulia.com
Current number 12 US real estate portal forrent.com has signed a deal with rentwiki.com to introduce user-generated content. forrent.com explains that the partnership will see reviews from rentwiki.com product Neighbourhood Wiki added to its listings. The portal adds that all reviews will initially be sent to rentwiki.com, and then filtered to the appropriate neighbourhood review on forrent.com. "We embrace the opportunity this exclusive RentWiki partnership presents us to incorporate user-generated content into our site," says Brock MacLean, senior vice president of national sales and development at forrent.com. "This creates another platform for renters to communicate with each other. It
IPGA Ltd, parent company of the iProperty group of portals, is reporting new records in visitor and advertiser numbers for 2010. The company also says January's unique visitor figures are at an all-time high. Update: this post has been corrected after clarification from IPGA. According to IPGA CEO Shaun Di Gregorio, Google Analytics shows 260,000 unique visitors to Hong Kong portal gohome.com.hk in January, along with 410,000 to Singaporean portal iproperty.com.sg and 585,000 to Malaysian portal iproperty.com.my. Di Gregorio adds that thinkproperty.com.my and propertyguru.com.my deliver another 170,000 unique visitors per month, while the company's Malaysian distribution partners - malaysiakini.com.my,
rentjuice.com, a US-based online platform that connects prospective renters, brokers and property managers in real-time, has just closed a US$6.2 million round of financing. rentjuice.com explains that the funding will be led by Highland Capital Partners with continued participation from Tim Draper, who led the company’s seed financing. "With this capital, we can speed up development of our real-time rental platform and make it available to property managers and leasing agents all across the country," says David Vivero, rentjuice.com's co-founder and CEO. At the moment, rentjuice.com operates in Boston, Chicago and Miami, and has recently expanded to New York.
US-based MLS search engine estately.com grew traffic by 24 percent between Q3 and Q4 2010, and says its referral numbers nearly doubled over the same time period. In an email to subscribers, the brokerage explains that its average referral-to-sale time is now at six months, and that it is projecting 20 percent traffic growth in Q1 this year and 33 percent growth in referral requests. The company has not shared totals for its traffic or referrals. estately.com goes on to say that it has now abandoned its co-branded search initiative. "We experimented with co-branded, revenue-share agreements with several publishers,"