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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Another Loss for REA Group

Another member of REA Group has just left the team – Daniel Bignold, head of residential for realestate.com.au.
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More Strong Results from REA Group

The launch of a new look and feel for REA Group’s realestate.com.au is said to be fast approaching, but today all eyes are on the company’s financial results.
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REA Group Director Steps Down

Alasdair MacLeod is stepping down from his position as director of REA Group.
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REA Senior Manager Joins IPGA

IPGA Ltd, the company behind the iproperty.com family of portals, has announced the appointment of Shaun Di Gregorio as its new CEO.
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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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REA Group Reports Strong Year After Retreat

Retreating to its core business in Australia seems to have paid off for REA Group, which has reported strong results in its annual report to shareholders.
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Another REA Group Director Sells Shares

Rumours are circulating about a large share trade of REA Group stock on the Australian Stock Exchange – the second in the past three months.

Real estate agency group owner John McGrath, who is also one of the company’s directors, yesterday offloaded almost all of his substantial share holding in the REA Group at $7.20 per share, totaling $14,400,000.
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realestate.com.au Says Photos Rule

realestate.com.au says its recent survey shows that Australians are a “nation of voyeurs” who like to search and shortlist property through images.
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Sporting Greats On realestate.com.au Ad

The REA Group has secured two of Australia’s top sporting heroes to front a new advertising campaign for its market leading Australian property portal, realestate.com.au.
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