June 28, 2011

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Real Estate Tech Roundup 17/6/11

Each week, we take a look at the top stories in real estate technology from the past seven days. Here are the latest stories from around the world:

  • RE/MAX Northern Illinois added property videos and virtual tours to its mobile website, and says it is one of the first real estate brokerages to incorporate these two features into a mobile search platform. “Since we launched our mobile real estate platform in May 2010, we have seen mobile search go from zero to 10 percent of all real estate searches conducted on illinoisproperty.com,” said Casey Reagan, CTO of RE/MAX Northern Illinois. “That is why providing property videos and virtual tours on our mobile platform were a critical first step in getting mobile real estate search on par with the desktop experience.”
  • Still in the US, the creators of rentjungle.com are now running a new website that allows users to gauge how much their neighbours are paying in rent. compareyourrent.com calculates the average rent for a neighbourhood based on location, building quality, and size. As traffic increases to the website, the creators say they plan to market the tool to apartment and rental housing websites, as well as to search engines and apartment associations.
  • UK mortgage broker Mortgages for Business released its own buy to let mortgage calculator that calculates borrowing and rent requirements and matches borrowers’ criteria with the most favourable buy to let mortgages available. The tool calculates as users type, and also shows videos outlining the broker’s services.
  • After adding five new national property listing syndication programs last week, Point2 added four additional clients to its MLS Certified program: San Diego County’s Regional Multiple Listing Service (SANDICOR), RealTracs Solutions Inc.’s Middle Tennessee MLS, the Southland Regional Association of Realtors, and Texas-based Greater El Paso Association Of Realtors MLS. Listings from these clients will now feature an MLS Certified logo, which Point2 says will boost consumer confidence in their data.
  • We’re always on the lookout for new developments in real estate technology. Send us your tips and press releases by emailing [email protected]

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