Tag: Australia


iProperty and REA in distribution partnership

iProperty and REA in distribution partnership

Kuala Lumpur-based iProperty and Australia's REA Group last week announced a partnership that will extend their distribution avenues via reciprocal links between their respective homepages. The reciprocal links will provide iProperty buyers access to property listed on REA sites for Australia, Italy, Luxembourg, France and Germany while REA buyers can access iProperty for listings in Malaysia,


Homely.com.au celebrates 1st birthday, signs on First National Real Estate

Homely.com.au celebrates 1st birthday, signs on First National Real Estate

Australia's Homely.com.au has announced it will be displaying all of the homes for sale and rent from the First National Real Estate group. First National has more than 300 offices across Australia and joins other nation-wide agencies on Homely including LJ Hooker, Ray White, Belle Property, Laing+Simmons, Elders, and Harcourts. <a href="https://aimgroup.com/wp-content/uploads/2014/12


Industry-owned Australia property portal Squiiz up and runnning

Industry-owned Australia property portal Squiiz up and runnning

Agent-led new Australian property portal Squiiz.com.au is now online. Squiiz claims it currently has 200,000 listings from 3,500 agencies nationwide and is on track to upload a further 2,000 agencies by the end of November. In a brief on Nov 8 (read here) we wrote about the industry's revolt


Australia classified ads expenditure up 22.8 pct

Australia classified ads expenditure up 22.8 pct

Classifieds lead online advertising expenditure growth for the three months to 30 September, says the latest report by the Interactive Advertising Bureau Australia. Classified advertising was worth A$237.9 million (US$203.57 million) for Q3. This is 4.4 percent up on the previous quarter and 22.8 percent up YoY. Classifieds now constitute 20.2 percent of total digital expenditure over Q3. Total


REA taps into new revenue stream, goes video

REA taps into new revenue stream, goes video

Australia's REA Group will soon feature video ads on its leading property portal realestate.com.au. The Group has selected California, U.S.-headquartered video ad tech provider TubeMogul as its advertising software platform. REA will use TubeMogul's video software on a self-serve basis and also provide a video branding offering to advertisers and agencies, facilitated by its own internal programma


REA to change pricing model after agents revolt

REA to change pricing model after agents revolt

REA will be making changes to its contentious premier (i.e. most expensive) market- and suburb-based pricing model around the middle of November, according to the publication Real Estate Business. The article dated Nov 5 (read here) states REA Group confirmed to the publication that the current rat


Revenues up for REA

Revenues up for REA

Australia's REA Group has reported a 22 percent rise in revenue to AUD121 million (USD105 million) for the first quarter of its FY2015 compared to the same period last year. EBITDA was up 31 percent to AUD63 million. CEO Tracey Fellows attributes revenue and EBITDA growth to better value for customers and enhanced customer experience. She also pointed to the strength of REA's listing depth prod



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