Saturday, January 7, 2012

Private property listings come to Facebook: The end of the estate agent?

Your experience with Facebook apps may have typically been ignoring requests to exchange crops or play Bejewelled, but new app Property Place could revolutionise the platform by cutting the estate agents out of the moving process.

Property Place, a Facebook app which has launched in beta but goes live at the end of January, is the social network?s first UK-based property listings and search tool for private landlords or tenants.

Taking advantage of the UK?s 30 million Facebook members, Property Place will let you advertise your gaff via your profile, allowing people to comment, share or track you down for a viewing.

How Google could have won the property game

The reason this is big news is that it could spell the end for struggling estate agents for good. While websites such as Rightmove and Zoopla only take listings from registered agents, Property Place will allow users to cut that middle man out entirely for renting and buying/selling.

The Beta version of Property Place already sports some 400,000 properties to peruse, but expect a whole load more when it goes properly live towards the end of the month. Is this the end of Foxtons and its cohorts? long list of agency fees?

Let us know what you think?

Source: http://feedproxy.google.com/~r/electricpig/~3/c50xIJX__Y0/

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