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Google Australia and New Zealand Real Estate Mapping Tool

   
6:51 am on Jul 6, 2009 (gmt 0)

WebmasterWorld Senior Member whitey is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



In a move that has raised eyebrows among established players in the classified real-estate business, Google Australia is set to unveil a new tool on its mapping service that will directly link buyers and renters to available property.

The Google Maps feature, which launches this afternoon in Australia and New Zealand, will host free listings supplied by real-estate agents and publishers.

Although many existing publishers and real-estate agents offer map-based searching, the maps on Google's new service will reflect real-time changes in search criteria and location.

The technology behind this enhancement was developed by engineers at Google's Sydney office and is also being rolled out on the company's existing property search service in the United States.

Google's offering is open to all comers, potentially giving renters and buyers a much bigger choice.

[smh.com.au...]

Maybe it's impeccable timing. Any thoughts ?

12:34 pm on Jul 6, 2009 (gmt 0)
3:02 pm on Jul 6, 2009 (gmt 0)

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Welcome to squatters paradise!
3:39 pm on Jul 6, 2009 (gmt 0)

WebmasterWorld Administrator webwork is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Yes, indeed, Gobble Real Estate and Rental Adviser follow Google Trade Advisor [webmasterworld.com].

Gobble Real Estate Adviser will guide you in overcoming the major barriers to privately buying and selling real estate with useful tools, practical insights and relevant offers . .

Gobble Rental Property Adviser will guide you . .

Chomp! Chomp! Gobble! Gobble! Ummm . . tasty. MORE! MORE!

The great irony is that the source of funding for all this creativity and expansion is the industries themselves.

It's the great PPC click, click, clicking sound of their inevitable demise, funding the research and development, and providing the data to identify who should go first.

Silly humans.

10:34 pm on Jul 6, 2009 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Actually my wife found a house in our area here in Oz which would be of interest to her sister.

Couldn't find it on the agents web site but I was able through Google to send my sister-in-law a photograph of it and a street map.

Clever!

10:40 pm on Jul 6, 2009 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



overcoming the major barriers to privately buying and selling real estate

The biggest barrier to private selling is that the seller always has an over inflated idea of the property value, hence the reason agents won't list it!

Agents commission is no barrier and I'd much prefer to pay a negotiated commission myself so the agent repesents me, not the seller.

12:15 am on Jul 7, 2009 (gmt 0)

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Real estate agents would not be wise to put the information and exact location on the map unless they have a sole agency agreement with the seller.

And if owners put the property on the map, will they take it off map once it is sold? How is this going to be controlled? Or will the map soon become full of already sold properties?

And IanCP is absolutely right about over-inflated ideas of property. There will surely be a number of sellers who are not selling actively, but would consider selling if someone pays way over inflated price.

I might be wrong but this is why I am doubtful this will work and give real value to the end user, i.e. the buyer. The time will tell though!

12:24 am on Jul 7, 2009 (gmt 0)

10+ Year Member



And if owners put the property on the map, will they take it off map once it is sold? How is this going to be controlled? Or will the map soon become full of already sold properties?

Traditionally Google will partner with big operators in an industry and form win-win partnerships. Getting the data mentioned above is not too hard if you know the right people.

 

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