Comments on: Realtor.com Losing Massive Market Share According to Alexa http://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/ Click here to search all Austin real estate for sale! Eric Bramlett is a full service Austin real estate broker specializing in buyer, seller, and investor representation. Mon, 12 Mar 2012 05:56:38 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jameswwhttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-2660 Jamesww Fri, 08 Aug 2008 04:24:52 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-2660 Eric,Do you think that realtor.com's new beta web 2.0 site will help regain the traffic they have lost? I have pocked around on it a bit and if consumers take to the wikis it could really become a hit. With that said it is so much different in functionality that they could loose their die hard visitors. I often wonder if it is a good move for the larger sites to make a complete make over. A example is propeller.com I use to love their old site but now almost never go on it. Looks cheesey and goofy to me now. What is your take on this?James Eric,

Do you think that realtor.com’s new beta web 2.0 site will help regain the traffic they have lost? I have pocked around on it a bit and if consumers take to the wikis it could really become a hit. With that said it is so much different in functionality that they could loose their die hard visitors. I often wonder if it is a good move for the larger sites to make a complete make over. A example is propeller.com I use to love their old site but now almost never go on it. Looks cheesey and goofy to me now. What is your take on this?

James

]]> By: coffee machineshttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-2238 coffee machines Fri, 02 May 2008 13:21:19 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-2238 Interesting stuff. How much of this do you think is due to the Real Estate slowdown in the USA. I would be interested to compare those stats against UK sites such as primelocation.co.uk and rightmove.co.uk Interesting stuff. How much of this do you think is due to the Real Estate slowdown in the USA. I would be interested to compare those stats against UK sites such as primelocation.co.uk and rightmove.co.uk

]]> By: Bill Gassetthttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1985 Bill Gassett Sat, 29 Mar 2008 18:58:06 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1985 I bet part of it is the fact that with the Real Estate correction there are many Realtors who have cut Realtor.com from their budget. Much of Realtor.com traffic is from Realtors as well as consumers. RE/MAX has also put a dent is their market share. I bet part of it is the fact that with the Real Estate correction there are many Realtors who have cut Realtor.com from their budget. Much of Realtor.com traffic is from Realtors as well as consumers. RE/MAX has also put a dent is their market share.

]]> By: Carolyn Gjerde-Tuhttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1959 Carolyn Gjerde-Tu Fri, 21 Mar 2008 14:43:26 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1959 R.com has more competition than it did a few years ago, my guess is that local agents sites are putting a dent in the traffic. R.com has more competition than it did a few years ago, my guess is that local agents sites are putting a dent in the traffic.

]]> By: Jaysonhttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1942 Jayson Tue, 18 Mar 2008 00:35:22 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1942 I definitely don't think less people are searching for properties on line - more than likely the exact opposite as Eric pointed out - 80% and climbing.http://query.nytimes.com/gst/fullpage.html?res=9F06E1D91238F934A35757C0A9659C8B63 - 2003 data (41%)http://www.realtor.org/press_room/news_releases/2006/hmbuyersellersurvey06.html - 2004, 2005 (74, 77% respectively)http://www.realtor.org/press_room/news_releases/2007/nar_survey_shows_consumers_very_satisfied.html - 2006, 2007 (80, 84% respectively)I think it's a combination of new real estate sites popping up and real estate agents getting more web savvy. Either way, I'd like to have Realtor.com's traffic!!!! I definitely don’t think less people are searching for properties on line – more than likely the exact opposite as Eric pointed out – 80% and climbing.

http://query.nytimes.com/gst/fullpage.html?res=9F06E1D91238F934A35757C0A9659C8B63 – 2003 data (41%)

http://www.realtor.org/press_room/news_releases/2006/hmbuyersellersurvey06.html – 2004, 2005 (74, 77% respectively)

http://www.realtor.org/press_room/news_releases/2007/nar_survey_shows_consumers_very_satisfied.html
- 2006, 2007 (80, 84% respectively)

I think it’s a combination of new real estate sites popping up and real estate agents getting more web savvy. Either way, I’d like to have Realtor.com’s traffic!!!!

]]> By: Thogekhttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1941 Thogek Tue, 18 Mar 2008 00:23:05 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1941 Looks like Zillow's falling as (relative) much as is Realtor.com, while Trulia may be growing, but only slightly if that...I agree that it seems unlikely that property-search activity is simply down by that much, but this only makes that less clear. You may well be right, that more individual agent/broker sites are picking up the run-off, or maybe other sites like Yahoo! Real Estate or [m]any of the new ones cropping up every week, or... Looks like Zillow’s falling as (relative) much as is Realtor.com, while Trulia may be growing, but only slightly if that…

I agree that it seems unlikely that property-search activity is simply down by that much, but this only makes that less clear. You may well be right, that more individual agent/broker sites are picking up the run-off, or maybe other sites like Yahoo! Real Estate or [m]any of the new ones cropping up every week, or…

]]> By: Eric Bramletthttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1935 Eric Bramlett Mon, 17 Mar 2008 18:23:09 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1935 Good points. I think we can safely assume that overall consumer searching online isn't down 80% :). This means that someone is picking up the share. <a href="http://www.alexa.com/data/details/traffic_details/nin.com?site0=realtor.com&site1=zillow.com&site2=trulia.com&y=r&z=3&h=300&w=610&range=3y&size=Medium" rel="nofollow">Here's a graph</a> showing the traffic comparison between r.com, zillow, & trulia. As you can see, trulia & zillow have both increased their traffic moderately while r is dropping. I believe that agent sites are also taking a good chunk - but I don't have any data to point to that. Good points. I think we can safely assume that overall consumer searching online isn’t down 80% :). This means that someone is picking up the share. Here’s a graph showing the traffic comparison between r.com, zillow, & trulia. As you can see, trulia & zillow have both increased their traffic moderately while r is dropping. I believe that agent sites are also taking a good chunk – but I don’t have any data to point to that.

]]> By: Thogekhttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1933 Thogek Mon, 17 Mar 2008 17:07:47 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1933 Eric, I think what Josh meant is: If Realtor.com is losing all this traffic, to where is the lost traffic going? Are people just not searching for properties any more (as unlikely as that might sound), or are there similarly growing graphs for one or more other real estate search sites?The above graph alone shows that Realtor.com appears to be losing traffic volume, but it does not actually show that it is losing "market share" unless you also show that someone else is picking up the traffic that Realtor.com is losing. (It seems likely that someone is, unless we think that perhaps people just aren't searching for properties as much these days. Just pointing out that you haven't actually shown it. :-) Eric, I think what Josh meant is: If Realtor.com is losing all this traffic, to where is the lost traffic going? Are people just not searching for properties any more (as unlikely as that might sound), or are there similarly growing graphs for one or more other real estate search sites?

The above graph alone shows that Realtor.com appears to be losing traffic volume, but it does not actually show that it is losing “market share” unless you also show that someone else is picking up the traffic that Realtor.com is losing. (It seems likely that someone is, unless we think that perhaps people just aren’t searching for properties as much these days. Just pointing out that you haven’t actually shown it. :-)

]]> By: Jaysonhttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1932 Jayson Mon, 17 Mar 2008 04:32:04 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1932 I wonder if that has anything to do with Move.com - maybe they're sending the traffic that way? I'd be interested in finding out when they combined. I just looked at Move.com's alexa rankings and it looks like around the time Realtor.com started losing traffic, Move.com gained some but it looks like they've lost a lot more than move.com has gained. I wonder if that has anything to do with Move.com – maybe they’re sending the traffic that way? I’d be interested in finding out when they combined. I just looked at Move.com’s alexa rankings and it looks like around the time Realtor.com started losing traffic, Move.com gained some but it looks like they’ve lost a lot more than move.com has gained.

]]> By: Eric Bramletthttp://ericbramlett.com/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1925 Eric Bramlett Sat, 15 Mar 2008 20:46:30 +0000 http://www.ericbramlett.com/blog/realtorcom-losing-massive-market-share-according-to-alexa/#comment-1925 Hey Josh - Alexa is providing the data. Hey Josh – Alexa is providing the data.

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