Category Archives: Australia
Portal Runs Social Media Seminars
Australian property portal aussiehome.com has picked up on the growing use of Web 2.0 technologies in real estate by running social media seminars for clients and associates.
Ray White Sells REA Group Shareholding
In a surprise move late last night, the Ray White Group sold its complete shareholding in the REA Group (realestate.com.au). The long time second largest shareholder sold 13.5 million shares at $5.75 per share, yielding $77.6 million. This represents a change of ownership of 10.8% of the REA Group shareholding base. It is believed that the shares have been acquired by a number institutional investors and, surprisingly, not by News Corp.
remoov.com.au Cuts Out Agents
remoov.com.au is a new website aimed at making it easier for Australian property owners to sell their own properties, without an agent.
Developments at domain.com.au
Australia’s number two property portal, domain.com.au, has issued a challenge to market leader realestate.com.au by launching new search functionality and a new agent reported data platform.
Price Freeze at realestate.com.au
REA Group owned realestate.com.au have announced a price freeze on residential agent subscriptions until 2010.
REA Group Changes HubOnline Product
In a guest post from REA Group’s Dave Platter, Group Manager of Public and Investor Relations, he reveals that realestate.com.au has made some changes today around its HubOnline product.
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