Google Rumoured to be Hiring Online Real Estate Sales People

Rumours emanating out of Sydney today indicate that Google is aggressively looking to hire a field sales team to target the Sydney real estate market. Sources said that Google had approached a number of sales people from domain.com.au in an effort to hire them as field sales people for the Google real estate initiative. Sources also believed that Google may be initially targeting the Inner West region of Sydney.
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Rightmove Revenue Down in 2009

Rightmove plc’s revenue for the 12 months to 31 December 2009 fell by 6 percent from £74 million to £69.4 million as a result of estate agency branch closures in 2008.
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Google Reveals Real Estate “Vision”

Since Google first began adding real estate listings to Google Maps in mid-2009, the world of online real estate has been monitoring the company’s every move. Each upgrade brought more speculation on how Google was planning to change things for property portals, real estate agents, and property hunters.

Now, we have a clearer idea of where Google is headed.
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homes24.co.uk Partners with Whitehot

homes24.co.uk, the free-to-list property portal of independent regional UK publisher Archant, has agreed to list all Whitehot Property’s stock.
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baseestate.com Waiting for Google

Rumours of Google Maps adding more real estate listings to its UK and European pages have sparked some speculation on the future of property portals. But there is one portal, established back in 2007, that is eagerly awaiting the expansion of real estate on Google Maps.
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rightmove.co.uk Adds Google Maps

rightmove.co.uk users are now able to view properties on a Google Map by clicking a link on each property’s detailed view page.
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zoomf.com Releases Version Six

UK property search engine zoomf.com has upgraded to its sixth version and now offers new features for paid listings.
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Google’s Perspective at trulia.com, redfin.com

The Google Earth and Maps team have just announced a new type of mapping imagery available to developers through the Google Maps API: high resolution overhead imagery that shows both the rooftops and sides of buildings at a tilted angle.
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Google Real Estate in Europe – What is All the Fuss About? Lessons from Australia

The news yesterday that Google was “entering” the UK/European market sent the share prices of Rightmove and Seloger into a tailspin. The Seloger share price closed down 5.7% at €23.50 while the Rightmove share price was hammered a whopping 10.3% to 499.9p.

So let’s look at what happened. An article by the Financial Times (Dec 2 titled “Google set to enter UK property market”) seems to have set the cat amongst the pigeons. The article stated that Google is in talks with British estate agents and that “experts” say that an entry by them to the market could pose a serious threat to existing property websites. The article didn’t talk about what Google was going to do and Google didn’t comment. So there is really not much to go on. So the only guide we really have as to what Google may do in the UK and Europe is what they have done in Australia.
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Google Rumours Dent Rightmove Share Price

A Financial Times report on Google’s plans for online property search in the UK seems to have worried the market.
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