Real estate

More precise listings, focus on lead quality: French property market trends

Growing importance of niche portals, focus on quality rather than quantity of leads, expanding mobile audience and growing precision of information contained in listings will be the major themes of the French real estate market going forward, Antoine Krier, founder of Ubiflow, a key vendor of the country’s property portals, said at a recent presentation (full text available here in...

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Rambler to build an “Uber” for real estate

Rambler, Russia’s media major, purchased online real estate agency AgentOn.ru, and announced publicly that it wants to create a large network of real estate agents, based on the principles of the U.S. taxi service app Uber. AgentOn acts as a trading floor that links real estate agents with homeowners looking to rent or sell their properties. The undisclosed purchase of AgentOn was driven...

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Russia’s MyHomeDay gets $3 million injection

MyHomeDay.com, a Russian online service for home rentals and sales, received a financial boost from Kirill Podolsky, the majority shareholder of holiday accommodation bookings site AnyWayAnyDay, and other classified sites. Podolsky, who has been financing MyHomeDay from its inception, has committed to inject another $3 million U.S.. (Go to his Facebook page.) The Moscow-centered real estate...

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Avito to expand its real estate operations in St. Petersburg

Avito.ru, Russia’s leading general classifieds platform, is looking to make inroads in the real estate sector of St. Petersburg, Russia’s second largest city. According to local media outlet Delovoy Peterburg, the company is hiring content moderators and call center operators in the city. Avito tends to develop local offices of operations in regions it sees as vital, with both Moscow...

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Zoopla, Plentific brings home services to real estate sites

In the U.K. real estate platforms Zoopla and Plentific.com partnered to launch a new service, called Find a Pro, which gives users access to thousands of local tradesmen for home and property services. The Find a Pro service is already available on Plentific (here), and will be available soon on Zoopla and PrimeLocation websites. PrimeLocation.com is a site of the Zoopla Property Group...

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CoStar Group reports increased revenue, sales bookings

CoStar Group Inc. (NASDAQ:CSGP) reported that revenue for Q2 2015 was $170.7 million, an increase of approximately 16 percent over revenue of $147.7 million for the same quarter of 2014. Revenue was bolstered by a 95 percent year-over increase in quarterly sales bookings and a 58 percent annualized growth rate for Apartments.com. “Our strategic investments in the Apartments.com...

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