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Archive for April, 2008

Average Rental Rates and Prices in Top US Cities

Wednesday, April 30th, 2008

Our launch yesterday of our free rental rates tool has been a huge success. With the massive amounts of data we receive each day for rental properties, we now have the ability to show current and historic rental rates at the city level. Below is a list of some of the ...

rentBits Launches Free Average Rental Price Widget

Tuesday, April 29th, 2008

At rentBits, we aim to offer renters tools to find the perfect rental. We also take feedback to make our product better. One request from renters and property managers was to add a tool where an average rental price could be seen for any city in the United States. With that ...

Kijiji to no Longer accept XML Feeds

Monday, April 28th, 2008

Kijiji, the popular site that will surpass Craigslist in the next 5 years is no longer accepting XML feeds.  I think this is a great move on Kijiji's part to eliminate much of the HTML postings that many of these sites use to post to Kijiji. Seems like Craigslist may ...

Rentals.com Giving Away Ads - BOGO

Monday, April 28th, 2008

Rentals.com is offering another BOGO offer in certain areas. Similar to the one here. Below is an email they are sending out: I am pleased to offer a one-time B.O.G.O (Buy One Get One) FREE offer to you.  For all ads you purchase today (April 28th, 2008) until Wednesday (April 30th, 2008) ...

Hillside Villas - The Apartments Made Famous by MTV

Saturday, April 26th, 2008

I just read a blog post on MyNewPlace that said their traffic for the keyword Hillside Villas has gone through the roof. For those of you who don't know the Hillside Villas Apartments, they are the famous apartments that much of "The Hills" tv show is filmed in. Below is a ...

Is Expedia Listening to My Audio?

Saturday, April 26th, 2008

I just got done listening to a great radio interview with Rich Barton, the CEO of Zillow and Founder of Expedia.com. The interview can be found on MadeFromScratch. Rich talks about his days at Microsoft where he founded Expedia at the age of 25 as well as his reasons for founding ...

Craigslist May Limit the Amount of HTML they Allow

Monday, April 21st, 2008

Craigslist may limit the amount of html they allow because of excessive abuse from scammers and spammers. Here is what Craigslist has written on their site: We're contemplating limiting HTML in classified ads to a specific list of tags. Unfortunately, much of the HTML in postings these days is used by spammers for ...

Q1 Newspaper Revenues Down - Ouch

Monday, April 21st, 2008

Greg Sterling wrote a post on newspaper Q1 earnings report. For Gannett, Real Estate revenues were  down 26.3%. For NY Times revenues decreased buy 6.4% compared with the same month a year ago. The Times ad revenue was down 9.2%.

Top 11 Things Renters Want when Searching on a Rental Site

Tuesday, April 15th, 2008

Lisa Trosien over at the ApartmentMarketingBlog offers the top 11 things renters want when search on a rental site. 1. Prices 2. Amenities 3. Availability 4. Photos 5. Floor plans 6. Map 7. Proximity to work 8. Length of lease 9. Crime rates 10. Videos 11. Proximity to schools

Consumer Psychology Towards Prices - Pricing your Rental

Saturday, April 12th, 2008

Odd Number Pricing From - Ohio State University Fact Sheet Odd number pricing refers to setting a price just below the psychological breaks in the dollar, such as a price is set at 49 cents or 99 cents rather than 50 cents or $1. Prices may be set at 19 cents or ...

Successful Rental Marketing Tips for Google Adwords

Saturday, April 12th, 2008

I wanted to share some secrets and marketing techniques for Google Adwords. These tips are meant for the moderate to expert adwords user. If you apply these techniques to your ad campaigns, you will see a dramatic increase in CTR (Click Through Rates) and Conversions. Which means more sales and leads. There ...

Giving up Personal Information for A Better Rental Search Experience

Saturday, April 12th, 2008

While I was at Google, Larry and Sergey used to always say that out of 10, Google search is a 1. Even though Google is the #1 search engine on earth, there is still so much it can do to improve. From the FT: Eric Schmidt, Google's chief executive, said gathering more ...

The Internet Is Becoming more Vertical - The Rental Market

Saturday, April 12th, 2008

A great blog article written by Cory Treffiletti of online spin talks about how advertising is becoming much more vertical to reach the long tail of users.  Advertising platforms are becoming the #1 destination to reach a more targeted audience. "All of these models signal the shift away from large aggregate ...

Multiple Online Ad Placements Convert Higher

Saturday, April 12th, 2008

A report from Atlas Institute's "How Overlap Impacts Reach, Frequency and Conversions" states that "Consumers reached across multiple publishers were twice as likely to convert as those reached only on a single publisher." Jed Flower , analyst, Atlas Institute States, “Overlap across publishers has tremendous implications for an ad campaign’s performance, marketers ...

Simi Valley Rentals Make me Melancholy

Saturday, April 12th, 2008

I was surfing on rentBits for houses for rent in Simi Valley, and started thinking back to my childhood. I spent my entire childhood in Simi Valley, playing baseball, going to school and graduating from Royal High School. These memories made me sad in a good way. While searching for ...

OLX Raises $13.5 Million

Saturday, April 12th, 2008

OLX, a distribution partner of Rent Marketer, has recently announced they have raised $13.5 million in series B funding from General Catalyst, Bessemer Venture Partners, Founders Fund, and DN Capital. TechCrunch says according to co-founder Fabrice Grinda, that “OLX is probably the largest classified site no one has ever heard of.” Think ...

Apartment Marketer Launches New No Risk Pricing

Saturday, April 12th, 2008

Apartment Marketer launches with a new look and new pricing. After months of testing and feed back from REITs, Property Managers and Owners, Apartment Marketer has launched a new innovative pricing program for apartment communities looking to fill their vacancies faster. For property managers, owners and REITs, the subscription model, ...

MyNewPlace Launches new Home Page for Rentals

Friday, April 11th, 2008

MyNewPlace just launched a new home page for rentals.

Apartment Marketer to Launch New Pricing and Site Shortly

Friday, April 11th, 2008

Apartment Marketer will be relaunching very shortly. We have been receiving a lot of great feedback from property managers and REITs on how to structure the site and pricing. Our pricing is the most unique in the industry. Apartment Marketer is very similar to Rent Marketer by offering one place to ...

Search for Foreclosures with ForeclosureRadar.com

Thursday, April 10th, 2008

If you are looking for foreclosures in California and don't know where to start, check out this foreclosure search engine called foreclosureradar.com. This site is super easy to use and if you are a real estate investor can allow you to: Search thousands of new properties entering the foreclosure process Actively track ...

Pubmatic Data Shows Small Sites Command Higher Advertising Rates Than Large Sites

Tuesday, April 8th, 2008

Interesting data but not surprising. We see this in the rental industry as well. Anytime a website is focused on a particular vertical or industry, they can demand higher advertising rates because those users are more qualified and more likely to convert. The PubMatic AdPrice Index is a broad-based measure of ...

Can Sex Rent out More Apartments?

Monday, April 7th, 2008

Found on TheRealEstateBloggers:

MyNewPlace Houses for Rent Pricing

Monday, April 7th, 2008

I am very late to the game on this one but MyNewPlace now offers more flexible pricing for those looking to rent out their single family homes. MyNewPlace is known in the apartment advertising community as offering a pay per lease program. In the single family home market the pay ...

Speaking at the Apartment Internet Marketing Conference

Monday, April 7th, 2008

I have the privilege to speak at the Apartment Internet Marketing Conference (AIM) on April 24th in Scottsdale, AZ. I am going to be presenting on Information Management and am excited to be part of the leaders in the Apartment industry that were chosen to present. Bob Parsons, CEO and Founder ...

It is Easy to Miss Something you are not Looking For

Saturday, April 5th, 2008

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Craigslist Launches a Company Blog

Thursday, April 3rd, 2008

Craigslist now has a company blog. Looks like many of the posts all coming from Jim their CEO.

RentMineOnline.com Leveraging Social Networks to Improve the Renting Experience

Wednesday, April 2nd, 2008

  RentMineOnline.com,  is a trust based online market place that connects asset owners and renters and facilitates rental transactions between them. They are currently integrated into Facebook, MySpace and Linkedin. They aim to offer services that will allow renters and apartments to: Rent ...

RentWiki Launches in Private Beta

Wednesday, April 2nd, 2008

RentWiki.com has launched in private beta and it looks like it has some legs. It is funded by Minneapolis-based private equity firm, Petters Group Worldwide, and board of directors include Mike Mueller (CEO of Vaultware) and Mary Jeffries (President of Petters Group). The service will allow people to do reviews ...

ApartmentRatings add Q and A

Tuesday, April 1st, 2008

Bill Quirk over at Residential Rentals noticed that ApartmentRatings has added a Question and Answer service. It doesn't look like there are many questions or answers yet but once ApartmentRatings hits critical mass, this could be a great way to increase page views and monetization of those page views.

Trulia Named Most Likey to Succeed; Zillow to Fail?

Tuesday, April 1st, 2008

Ok by now you probably know that Google did not acquire Zillow or Trulia. But in other news, Trulia was named most likely to succeed by The Industry Standard. Zillow also made the list but for companies most likely not to succeed. I disagree with Bill's analysis and think both Trulia ...