In an survey taken by Globaledge, an online real estate strategy and analysis website, overseas property agents voted for their favorite and least favorite international property portals online. The UK market leader, Rightmove, did not fare well among agents voting that the site was too expensive.
The survey asked overseas real estate agents what internet portals they use and why, and the results, which were tabulated from over 300 individual votes, were a mixed bag. No one portal was used more than Primelocation.com which received 31% of the votes, and many agents were concerned about the effectiveness of certain sites, including Rightmove. The overseas property portal market is fragmented as the results indicate, but Homesgofast.com, a relative newcomer on the scene, is used by 17% of the agents surveyed.
With agents souring on the leading sites, up and coming portals such as Homesgofast are well positioned to earn more listings and business. Nicholas Marr “ We have an increase in overseas property agents come to us from the major portals, they are clearly seeking wider exposure whilst attempting to reduce costs’ HomesGOFast.com covers all the major second home buying destinations around the world and operates a pay-per-lead model for agents, with commission share available to developers. It earned top five results for several individual countries, including Bulgaria, Croatia and Turkey.
The Globaledge survey divided agents opinions between good and bad, with some liking them a lot and some disliking them a lot..
Most-used overseas property portals
Primelocation.com 31.5%
Findaproperty.com 27.0%
EuropeanProperty.com 23.6%
Rightmove.co.uk 21.3%
TheMoveChannel.com 22.5%
Propertyfinder.com 21.3%
PropertyIndex.com 21.3%
HomesOverseas.co.uk 19.1%
Lead Galaxy 19.1%
ThinkSpain.com 18.0%
HomesGOFast.com 16.9%
Properazzi.com 15.7%
