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Archive for November, 2008

The Real Estate Bubble - The TV Commercial that Says it all

Friday, November 28th, 2008

From PickRent.com: [youtube]7Pzim8O7Fd0[/youtube]

Top 20 Questions to Ask When Finding a Property Manager

Friday, November 28th, 2008

We are seeing many rental properties hit the market due to the economy. Some first time real estate investors or 'forced' real estate investors don't want to do the managing of their property themselves and are looking for property managers to help them. Here are the top 20 questions in no particular order ...

Weekly Top Rental Scam Post

Wednesday, November 26th, 2008

The top rental scammer post for rentalscams.org for the last week was Known Rental Scammer - jamesmcannon116@googlemail.com. Within the last week, hundreds of people wanted to learn more about James Cannon. We hope this information helped to stop one more rental scam from getting through.RentalScams.org continues to grow. If you have ...

ForRent.com and Social Media

Wednesday, November 19th, 2008

According to Virtue, a site that offers a free tool that measures a brand's online conversations, ForRent.com is leading the multi-housing sector's social share of voice by 66 percent. Over the past year or so, ForRent.com has been active in generating video commercials called Community Theater for communities. These videos are seen on ForRent.com, ...

LocalMatters Pulls its IPO

Friday, November 14th, 2008

LocalMatters, a Denver based company that offers technology to businesses in the local market, has pulled their IPO. They originally submitted IPO papers in 2006 and hoped to raise up to $46 million. From their prospectus, they generated $8.4M in revenue in 2005 but had a net loss of $18.5M.  According to ...

Oodle Lays of 20% of it Workforce

Friday, November 14th, 2008

 Oodle, the classifieds search engine has layed off 10 people which represent 20% of its workforce. Oodle has raised $16 million over the last 2 years and has signed some great partnerships including MySpace, Military.com, Wal-Mart and more. 

Apartment Marketer in Las Vegas

Friday, November 14th, 2008

Apartment Marketer, our lead generation platform and advertising network for the apartment industry, will be in Las Vegas next week for the annual Multifamily Pro Brainstorming event. If you are going to be there, please stop by our booth and say hello.

ForSaleByOwner Now Disributes to Realtor.com

Friday, November 14th, 2008

Realtor.com, the largest real estate search site on the net has never served For Sale By Owner Listings. This week, ForSaleByOwner.com announced they will now be distributing properties to Realtor.com. “The DOJ-NAR settlement benefited consumers by giving them access to Realtor.com without the expensive cost of a commission fee,” said Greg ...

Rent Marketer now Posts to Rentals.com, RentalHouses.com + 80 Additional Sites

Wednesday, November 12th, 2008

Rent Marketer, an online rental advertising network, (which owns and operates rentBits.com and ApartmentMarketer) has announced a new partnership with Rentals.com and RentalHouses.com. Rent Marketer will distribute rental listings to Rentals.com, RentalHouses.com and 80 other online rental and classifieds sites.       Rent Marketer works with property managers, real estate investors and real estate agents and ...

HomeAway Raises $250 Million on a Pre Money Valuation of $1.15 Billion

Tuesday, November 11th, 2008

HomeAway, the aggregator of vacation rental sites has raised $250 million on a monster $1.15 billion dollar pre money valuation. They previously raised $209 million over two rounds which puts their total raised to $459 million.TechCrunch writes:The pre-money valuation was around $1.15 billion, say a couple of sources, and at least ...

Rental Advertising Business Models that Work

Sunday, November 9th, 2008

A while ago I did an interview with Dave at RentVine. In this interview I talk about my thoughts on what rental advertising models are used in the rental space and which ones work the best for single family homes and multi-housing.We use the subscription model for RentMarketer.com and the Cost Per Lead ...

RentVine New Rental News Blog

Monday, November 3rd, 2008

Dave Dugdale of RentVine has released a new rental market news blog. Enjoy!

Rent.com Releases Cost Per Lead Model

Sunday, November 2nd, 2008

Rent.com has released a cost per lead (CPL) model for properties with 49 units or less. How does it work? Properties with 1-49 units pay $15 per phone or email that is received. Properties can set a "lead cap" for the maximum number of leads they want to receive in a 30 day ...