Tag Archives: REA Group

Facebook Ramps Up Property Advertising, Begins Taking On REA

Editor’s Note: This is not an April Fool’s day joke… The social media giant has begun ramping up it’s property advertising offerings to disrupt the advertising market, with appearances at events including the Property Portal Watch Conference in Bangkok earlier this year, along with holding meetings with C-Suite level executives of major brands. According to sources who spoke with Real

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New Domain CEO’s Focus Can Be Summed Up In One Quote

Pellegrino is the Ex-Google Australia & New Zealand Managing Director  Pellegrino is looking closely at the time between property transactions, rather than just how to win more listings over REA Data will be at the centre of the Domain strategy going forward Jason Pellegrino has just taken the reigns as the new Domain CEO, in the midst of one of

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REA Posts 2015/2016 Financial Year Results – Posts After Tax Profits of $253,280,000

Highlights: REA Group posts revenue of $629,803,000 from primary trading activities, and $253,280,000 profit after tax. “Premiere Property” sales increased dramatically since launch of new pricing model John McGrath given 17% pay-rise for position on the board of directors, shares owned now worth approximately $8,500,000 REA Group released their 2015/2016 FY statement this week, reporting a “20% increase in revenue”

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Metro Agents: ‘Listings Leads’ Sites Not Providing Value

Metro Agents: ‘Listings Leads’ Sites Not Providing Value   A recent industry survey by SA Real Estate News revealed that South Australian metropolitan agents are not receiving the returns expected from third party “Listing Lead Generator” websites, including REA Lead Generator, Sell My Castle & Rate My Agent. Over 50% of all agents surveyed reported they did not receive any leads

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