News and Events
December 6, 2007
Brokers going all in with listings on the web
Brokers going all in with listings on
the Web
Homescape partners with
Real Living; similar deals multiply
Wednesday, November 07, 2007 |
|
Homescape, the online real
estate venture operated by a group of five newspaper publishers, has inked a
new partnership with a real estate brokerage company to add more for-sale
property listings to its online portal. The company today announced
an agreement with Real Living, which covers 20 states with nearly 4,000 sales
associates, that will add an additional 13,000 listings to the Homescape Web site. More partnerships between
online property search sites and real estate brokerage companies are
springing up, a sign that brokers are hungry for more Internet exposure for
their for-sale properties as housing markets continue to experience slow
sales and softening prices. Real estate valuation and
marketing site Zillow.com this week announced a
similar partnership with RE/MAX Allegiance in which the brokerage company
will send bulk feeds of its property listings to Zillow. It was the second
bulk listings partnership for Zillow since October. Homescape last month announced
that Keller Williams Realty would send about 75,000 listings for display at
Homescape.com, which has more than 2.7 million listings. The new partnerships for
Homescape come after the company announced it was changing
strategies to work directly with brokers and agents to gather property
listings from markets around the country. The company formerly was a private
brand that acquired listings via the more than 100 newspapers that comprised
its network, which limited the company's coverage to only those markets where
it had newspaper relationships. Homescape says it aims to
provide a comprehensive resource of property listings and real estate
information to consumers online. In addition to listings, Homescape.com
includes new construction, open house and other newspaper classifieds
content, as well as home valuations, local market snapshots and the ability
for sellers to add a single home listing. The company in August said
it already had formed partnerships with some regional brokerage companies,
including Prudential Fox & Roach, Prudential California, ERA Masiello,
GMAC Real Estate of Atlanta, and Prudential Gary Greene. Homescape is a division of
Chicago-based Classified Ventures, which is owned by five major media
companies -- Belo Corp., Gannet Co., McClatchy Co., Tribune Co. and
Washington Post Co. Classified Ventures also
operates national listing sites for rental units and autos at Apartments.com and Cars.com. |