Move in Challenging times

With the falling real estate market, the Move Inc. stock price has been hammered down in the last one year and is currently trading at $1.78 with a total market capitalization of just over $300 million. The 52-week range for the stock is $1.75 – $6.69.

Online Real Estate Sector Struggling

Naturally. let’s take a closer look at ZipRealty and Move. ZipRealty, a full-service real estate site, has been reviewed here before. On November 7, 2007, ZipRealty announced 3Q earnings with an increase of net revenues of 7% to $28.0 million, up from $26.2 million YoY. And the number of Zip Agents grew by 30%. However,

Read Full Article »

Can Move Move Up?

National Association of Realtors (NAR), whose over 1 million members are Realtors, is a century-old powerful trade association of real estate agents and brokers in US. Besides owning the word ‘Realtor’ as a registered trademark, the NAR has sufficient clout among the decision makers, which stems from its being the US’ third largest donor to

Read Full Article »

Web 3.0 and Real Estate: Overview

So, you thought realty was all about buying / renting a new house and moving in? Think again. It’s a $3 billion online industry and is said to give a whole new dimension to the property business. In this series, we will evaluate the online real estate category against the Web 3.0 framework. Real estate

Read Full Article »