In a huge industry move realestateview has just acquired Myhome one of their key competitors in the real estate portal space. This move by realestateview follows their recent expansion into other states and territories across Australia.
As Petra Sprekos explains on Property Portal Watch the “acquisition complements realestateview.com.au’s existing offering for estate agents and consumers and will substantially increase content”. It will be interesting to see whether Myhome will remain free for agents to list properties.
This is very exciting, as now an Industry based portal is the 3rd largest in Australia and should start gathering real momentum to have a shot at Domain.