By: Ahmed B.
As I was surfing the internet, I stumbled upon a very interesting website Google Real Estate Portal GpRe. The recently launched website allows users to search multiple real estate listings of residential, commercial and vacation getaway properties, find homes for sale and apartments for rent, you can also, add a property for sale or lease. To list properties in the website, there are three available listing packages:
Silver Package:
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Registration Free
No of Listing 01
Date of validity: 30 Days
Gold Package:
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Registration USD $50
No of Listing 10
Date of validity: 60 Days
Platinum Package:
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Registration USD $99
No of Listing 100
Date of validity: 365 Days
Google, no longer a traditional search engine, is setting a new standard by redefining “search”. Just as investors are moving from traditional to non-traditional asset allocation, Real Estate agents are recognizing the trend, and the importance of relaying on e-commerce to advertise their properties and listings. Now, Agents can place their properties on such websites to help them reach a larger pool of potential buyers for a small one-time fee. Most importantly is us, the owners, we can list our personal properties without the Agents in any end of the equation.
In Kuwait, Real Estate agents usually get a 1% commission fee from any sale of property, however this fee is usually diluted as they rely on fee sharing with other agents to find buyers. People lately are realizing the ease of the process of buying and selling real estate without using real estate agents or third parties. There is a new method that people are using and it’s the internet. Real Estate is a new category that has been added to the E-Commerce business, and people in Kuwait nowadays are using it more than the old methods. The E-commerce in Kuwait is Expanding and there are many websites that you can buy or lease Real Estate online Such as: www.q8property.com, www.q8place.com, and many more.
We hope Google Real Estate GpRE starts to include listings in Kuwait in the near future.
(2 votes, average: 5.00 out of 5)
Loading ...Tags: Google, GpRE, Real Estate
Great post, keep it up!
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Ahmed B. Reply:
June 17th, 2010 at 8:07 am
Thank you:)
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Latest I heard was that Google launched their own trading floor to manage their +$26.5 billion pile of cash last January. The investment team has more than 30 people, some of which were former investment bankers at GS and JP Morgan. Talking about non-traditional.. No one knows what Google is ever planning to do/ doing. Their outcry against China, Google Map, Google Mobile and the list goes on.
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interesting post Ahmed!
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Ahmed B. Reply:
June 17th, 2010 at 8:09 am
Thank you Bo M7amed;)
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Great post! would like to add a Real Estate website http://www.Masahati.com one of the bests!
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