Google launches free property listing service
- Thread starter gwk
- Start date
It will be great to see the high-energy brains behing Google taking on the old duddy duddy real estate agents who consider themselves sophisticated and indispensable.
Apparently the people behind realestate.com.au see this is as being a huge threat.
Apparently the people behind realestate.com.au see this is as being a huge threat.
as they should..................todays giant could be a "who" in a few short years.
ta
rolf
ta
rolf
Great move.
The monopolistic behavior of realestate.com.au needs to be broken.
There's already a lot of listings there! Looks like they've been working on it for a while to prepare the launch.
Cheers,
The monopolistic behavior of realestate.com.au needs to be broken.
There's already a lot of listings there! Looks like they've been working on it for a while to prepare the launch.
Cheers,
It's really well done. 
Great to give you a quick overview of what's on offer on the market.
A map-based display is really superior to the old list of ads.
Cheers,
Great to give you a quick overview of what's on offer on the market.
A map-based display is really superior to the old list of ads.
Cheers,
Domain and Realestate already having a spit about it.. No surprise I guess..
http://business.theage.com.au/business/google-faces-property-ads-war-20090726-dxga.html
I think the last part is still telling.. it's more about protecting market share and an effective duopoly than being willing to colaborate.
http://business.theage.com.au/business/google-faces-property-ads-war-20090726-dxga.html
I think the last part is still telling.. it's more about protecting market share and an effective duopoly than being willing to colaborate.
Open to private sale
Does anyone know if private sellers can put there ad on the website as well?
Cheers
Does anyone know if private sellers can put there ad on the website as well?
Cheers
I would just have a great, big giggle if this allowed private landlords to advertise, seeing that re.com will not.
I received an email reply telling me today that it is their policy to only allow private adverts for share accommodation and directing me to the link to find a local agent who I could list my rental with (gee... thanks a lot).
I emailed back and told them that I would just find one of the many agents who already flout their rules and take money under the table already and list for private landlords. (I don't plan to do that, but I know someone else who found a local agent, so it is happening.)
I received an email reply telling me today that it is their policy to only allow private adverts for share accommodation and directing me to the link to find a local agent who I could list my rental with (gee... thanks a lot).
I emailed back and told them that I would just find one of the many agents who already flout their rules and take money under the table already and list for private landlords
. (I don't plan to do that, but I know someone else who found a local agent, so it is happening.)all they seem to be doing at the mo is poaching independent site listings, and amalgamating.
Though I am sure private listings will eventually win out......will be interesting to see how subtle and skilful google or others are in stealthfully transitioning consumer behaviour......will require more tact than their utube foray, imho.
and unfortunately, yet more Aussie dapital (along with google ads, ebay, and paypal) heading offshore due to Australia's preoccupation with environmentalism and welfare, in place of vision, venture capital, and entrepreneurship.
Though I am sure private listings will eventually win out......will be interesting to see how subtle and skilful google or others are in stealthfully transitioning consumer behaviour......will require more tact than their utube foray, imho.
and unfortunately, yet more Aussie dapital (along with google ads, ebay, and paypal) heading offshore due to Australia's preoccupation with environmentalism and welfare, in place of vision, venture capital, and entrepreneurship.
perhaps it's re.com's lack of vision in not taking private listings that will be their undoing
Not lack of vision but real estate's protecting their own monopoly interests.
They are majority owned by one (or more?) of the big RE chains. I think the REI's may have an interest as well.
They are majority owned by one (or more?) of the big RE chains. I think the REI's may have an interest as well.
perhaps it's re.com's lack of vision in not taking private listings that will be their undoing
I agree, that's their motive. But I don't think private sellers are really a threat.. Majority of people have no desire to sell privately and are happy pay the agent's commission.
For the very few private sellers out there, Re.com could have accepted a payment to list, likewise with rentals.
Let's see when they have a more viable and considerably cheaper alternative.
Ray White only own around 12-13% of REA last time i checked (January??) hardly majority owned...
actually - scratch that!!!!!!!!!!!!!!!!!!!!!!
1 July 2009
Ray White Group sells REA Group shares
REA Group Ltd (“REA”) has been informed by the Ray White Group that Ray White Group sold its shareholding in REA yesterday, with the sale of 13,503,584 shares. This represents 10.6% of REA's issued share capital. REA has been informed that this sale of shares was to a range of existing and new shareholders, with the greater number of the shares being sold to new shareholders.
Sam White, Deputy Chairman of the Ray White Group, will retain his personal shares in REA, and remains a director of REA.
Sam White said: “I remain committed to the REA Group as both a shareholder and asa member of the board. The sale of the shares owned by the Ray White Group will allow Ray White Group to invest back in our core family business and fund other emerging opportunities.”
Greg Ellis CEO of the REA Group said: “We are excited about the expansion of the share registry across the Australian investment community. I am also pleased that Sam remains a board member and shareholder.”
“As a business we still see Sam White as both an important customer and a valuable member of our board, taking into consideration his knowledge and expertise in the property market.”
For further information please contact:
Georg Chmiel
03 9843 4262
e: [email protected]This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
just for kicks i went on and registered and uploaded the One Mile development to see what the process is.
There is no way they would know if you were an agency or not...you could type anything in there and it just accepts it...
there are no declarations to tick etc that you are a licenced agent or anything else in that regard.
Private sellers of the world - fire away!!!!!!!!!!!!!!!!!!!!!!!!!!!!
There is no way they would know if you were an agency or not...you could type anything in there and it just accepts it...
there are no declarations to tick etc that you are a licenced agent or anything else in that regard.
Private sellers of the world - fire away!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I guess there's 2x sides to the 'they won't list my private sale' issue.
There's a market for private real estate sales to be advertised on the net. If you've got the smarts/funds provide the service to the market...
On the other (technical/business) side, if I was running a large RE listing site I'd be using the 80/20 rule: 80% of my business/income would be from (20% of clients) from the large REA's who are 'professional' returning users v's 20% of the income generated from (80% number & hassle) of the mum and dad's selling this week, not selling next week, it's too expensive to list, I made a mistake in my listing, I can't upload photos, I lost my password....
I'd go with just REA's simply for the ease of management too.
There's a market for private real estate sales to be advertised on the net. If you've got the smarts/funds provide the service to the market...
On the other (technical/business) side, if I was running a large RE listing site I'd be using the 80/20 rule: 80% of my business/income would be from (20% of clients) from the large REA's who are 'professional' returning users v's 20% of the income generated from (80% number & hassle) of the mum and dad's selling this week, not selling next week, it's too expensive to list, I made a mistake in my listing, I can't upload photos, I lost my password....
I'd go with just REA's simply for the ease of management too.
What do we call this? Market blackmail? Or simply 'persuasion'?
From a user point of view who wouldn't use google RE with the service improvements over re.com.au/domain.com.au?
Get with the times News Corp/Fairfax, the public want's more info from info providers and google's providing it.
I like it...
What I like more is that it has re.com.au and domain rattled. Can only mean improvements ahead....hopefully.
What I like more is that it has re.com.au and domain rattled. Can only mean improvements ahead....hopefully.
