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Archive for October, 2008

Dominium Enterprises Suspends Sale

Friday, October 31st, 2008

Dominium Enterprises was looking to sell by the end of this year, but the current economic conditions is not going to make the sale happen. Frank Batten Jr., chairman and CEO of Landmark, said in a statement: "The credit crisis has made it virtually impossible for companies to obtain bank commitments to ...

Where is the Bailout Transparancy?

Wednesday, October 22nd, 2008

Where exactly is our tax payer bailout money going?From the BailoutSleuth.com."The Treasury Department has hired two big accounting firms to help keep tabs on the government's financial-industry rescue program, and once again certain basic elements of the deals are shrouded in secrecy.  That sort of specific detail is lacking in the agreements themselves. ...

Zillow Lays off 25% of it Workforce

Friday, October 17th, 2008

Rich Barton, the CEO of Zillow recently wrote a post entitled "Difficult Times, Difficult Decisions". In it he says:This week we are reducing our workforce by 25%.  This was an incredibly painful decision for me and the leadership team, but, in the end, we concluded that we had no choice ...

What is Trulia.com Worth?

Wednesday, October 15th, 2008

This is a very interesting question since I think Trulia is worth much less today than it was 6 months ago. But, for arguments sake, lets run some numbers on what Trulia could potentially be worth today if someone were to acquire them.(Note: Theses are obviously guesses based on data ...

Zillow Makes List of 11 Troubled Web Companies

Tuesday, October 14th, 2008

CNET recently wrote a post on who they think are the top 11 web companies that may be in trouble considering the current state of the economy. Zillow.com made this list.Zillow The real-estate site's revenue model is advertising. Real estate and bank advertising. Unless the real-estate research site starts charging for foreclosure ...

VacationRoost.com Launches Vacation Rental Site

Tuesday, October 14th, 2008

Vacation rentals are a mutli-billion dollar opportunity. Vacation Roost recently launched to acquire some of this market share. VacationRoost.com has over 100,000 vacation rental properties and was formed by consolidating three vacation rental companies: Mountain Reservations - one of the first vacation rental Web sites that marketed properties exclusively in the Intermountain West; Rooster.com ...

RedFin Lays off 20% of its Workforce

Tuesday, October 14th, 2008

"A Very Tough Day" says Glenn Kelman, the CEO of Redfin who yesterday had to lay off 20% of his staff. "Unlike other startups, our industry's recession started a year ago, when home prices first plunged." says Kelman.Kelman's final words in his post "Redfin's whole business will struggle and fight and ...

Jobs Being Cut Across the Board

Monday, October 13th, 2008

Many companies are cutting jobs. Ebay recently let off 10% of its workforce, VC's are telling their portfolio of companies to cut staff and conserve as much cash as possible.Well, not here at Rent Marketer.We are looking to hire in various positions for Rent Marketer and Apartment Marketer.Open positions for Rent MarketerOpen positions ...

What is an Online Rental Lead and Tips to Convert Them

Monday, October 13th, 2008

There seems to be some confusion within the rental advertising space on what an online rental lead actually is. A lead is NOT: When someone views your ad When someone clicks on your ad When someone clicks on your ad map When someone prints out a flyer When someone forwards your adA lead IS: When a potential ...

AIM (Apartment Internet Marketing Conference) Registration

Monday, October 13th, 2008

The AIM conference for 2009 will be held in Denver, CO. Steve Lefkovis and team put on a great conference last year and I know it will be a very educational one this year as well. Some highlights: Registration is now open for AIM 2009 at www.aimconf.comConference is happening April ...

Warren Buffett Advice on Economy and Business

Sunday, October 12th, 2008

"Be greedy when others are fearful and be fearful when others are greedy." - Warren Buffett 

Zillow and Trulia see a Decline in September Traffic

Friday, October 10th, 2008

According to Compete.com, both Trulia and Zillow saw a decrease in traffic for the month of September. Trulia fell 11.8% from the previous month and Zillow fell 2.2%. 

Rent Marketer Mentioned in Esquire Magazine

Thursday, October 9th, 2008

I am not a reader of Esquire Magazine but Rent Marketer was recently mentioned in it. The article talks about the Xoogler universe. We fall between #24 and #25 on the pod grouping. 24. Dan Daugherty, Rent Marketer Previously: sales and operations25. Tim Moynihan, Rent Marketer Previously: sales manager  

rentBits.com Launches New Search Design

Monday, October 6th, 2008

rentBits, our free national rental search engine, has launched a redesign of the search results. We have incorporated feedback from users who asked for:  More prominent advanced search features  Visual of new ads that are in the system  Ability to show just rental ads with picturesOur engineers have spent countless hours and lots ...