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My name is Magnus Svantegård (LinkedIn), live in Sweden, and is the Product Manager for Datscha and Partner in Stronghold Invest. I believe in smart use of Internet in the Real Estate industry.

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Thursday
Apr012010

Booli displays market share for brokers

In marketing, there is an unproportionally large number of 'market leaders' (normally never describing in what sense). The Swedish residential real estate search engine Booli has released a new functionality that will add some light on topic.


Direct link to the list above.  

The new service 'Broker guide'

Booli is able to, based on all the data crawled from the real estate brokers websites, to calculate the market share for each brokerage firm. 

The table shows:
   * name
   * number of listings & medium listing price in three property types:
          - single family houses
          - apartments 
          - other

Note! Development listings are excluded in the statistics.

Information per firm
The user is also able to click on the brokerage firms name in the list and see a summarization page for the broker per municipality (or county).

The graph displays 'apartment listing price per square meter' for the firm 'Örlogsstaden' (blue line) versus all listings in the county Blekinge. Direct link to the page.

Further reading

Additional reading in English is found at Paula Marttila

For the Swedish speaking crowd more insight is found at
   * Booli blog 
   * Jardenberg unedited
   * Martin Palacios 
  

My thoughts 

As a strong believer in a transparent market (and really tired of a market where the use of 'market leader' is used all the time) it's obvious that I like this service.

However, large is not equal to best.
But at least this data brings down the sales pitch to facts.

Also delighted to see that Booli push the development to create a great service for its customers.

 

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Response: Open House
    I work at Open house real estate agency. We have a website where we list properties, i am looking forward to add my website to broker guide program. Could you please tell me more on how can i add my site to their program.

Reader Comments (2)

Thanks for mention, Magnus :) Transparency FTW!
April 4, 2010 | Unregistered CommenterPaula Marttila
So smart!

All we need to see now is the open feedback processes that Houston Assoc of Realtors has started and you have transparency that allows vendors to make informed decisions of not only how agents and offices perform but also how customer feedback ratings can influence decision making.

Glad to read of this initiative Magnus!
April 5, 2010 | Unregistered CommenterAlistair Helm

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