Company News

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PropertyGuru Achieves 1 Million Listings and 30,000 Agents Subscribers

PropertyGuru has recently hit a record high of 1 million listings as well as crossed the 30,000 mark for the number of real estate agent subscribers advertising on its websites.

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iProperty Founders Sell 10m Shares While Other Investments are Struggling

Last week it was reported that the founders of iProperty were looking to sell down their stake in the iProperty Group. Filings with the ASX show that Catcha Media Pte Ltd has sold 10,000,000 shares at $2.63 per share. This was around 25% of the stake in iProperty held by Catcha Media.

Berkshire Hathaway Home Services

Berkshire Hathaway HomeServices New England Properties Aligns with realtor.com

Move has announced that Berkshire Hathaway HomeServices New England Properties, a HomeServices of America affiliate and a leading real estate company in Connecticut and Rhode Island, is expanding the online marketing of its properties to reach a national audience of home buyers and sellers on realtor.com.

GetAgent

GetAgent Estate Agent Rating Service Launches in the UK

GetAgent is a new service to help property owners choose an agent to sell their home. The service uses objective criteria like how quickly they sell property and for how much.

New Home Feeds

Homes.com Partners with New Home Feed, Boosting Inventory

Homes.com has announced its newest partnership in listing data. New Home Feed, a leading marketing tool for home builders to distribute and manage new home listings, will add its high-quality new home listings to Homes.com.

Casa.it What to Do

What Should the REA Group do About casa.it?

Over the last week we have looked at how casa.it has been using pop-under banners to drive traffic and how the real leader in the Italian market is Immobiliare. We have seen how casa.it was the clear leader in the Italian market and how they let this leadership position slip to a well executed strategy by the Immobiliare team. The question is what should the REA Group do now?

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iProperty Founders Offloading Shares

It is being reported by the Australian newspaper website that the CatchaMedia, the company of iProperty Group founder Patrick Grove and Luke Elliott, is offloading 25 per cent of its stake in iProperty - a selldown worth around $27 million.

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Homely.com.au Reports Record Agent Number Growth

Homely.com.au, an Australian free property portal, has seen a strong influx of listings from independent offices, pushing the total office count on Homely to nearly 5,000.

REA Group Sells Squarefoot and Increases Stake in iProperty Group – Good Deal?

iProperty has acquired Squarefoot.com.hk from the REA Group for 5m iProperty Group shares. The shares have been valued at AUD 3.00 per share, valuing the transaction at AUD 15 m. The REA Group has increased it equity holding to 19.4%.

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New Jersey Multiple Listing Service, Inc. Joins Zillow Partnership Platform

Zillow, the leading real estate information and home related marketplace, has announced that the New Jersey Multiple Listing Service, Inc., has joined the Zillow® Partnership Platform.