HotPads.com Launches Next Generation Real Estate Search Site with Satellite Imagery, Expanded Demographic and Neighborhood Information
Popular Rental Housing Search Engine Launched For Sale Search with Hundreds of Thousands of Listings
WASHINGTON, Nov. 6, 2007 HotPads.com, http://hotpads.com, a popular map-based housing search engine and listing service, today announced its launch into the For Sale market. For two years HotPads has built its presence in the rental market amassing over 80,000 available rental properties currently including 30 of the top 50 property management companies in the country. Now, consumers are able to use HotPads' innovative technology to search for real estate for sale, and real estate professionals can use HotPads to market their listings for free.
HotPads is entering the For Sale market with over 200,000 listings provided by clients and partners that had previously been using HotPads to market rental listings. HotPads is free and open to post. Anyone can create a free listing directly on the site. Real Estate professionals can automate this process by creating a listing data feed.
"We are eager to enter the For Sale market. We have been helping people find rental housing for two years and are excited by the prospect of helping even more people find their next home", said Matt Corgan, co-founder and director of technology. Our users love our search technology, and we have been fielding daily emails about our eventual inclusion of For Sale listings.
HotPads will have over 200,000 for sale listings to offer its users. It expects this number to grow rapidly as additional partners and real estate professionals join HotPads. "Being able to offer such a large inventory of homes for sale reaffirms HotPads.com's position as a premier real estate portal alongside Craigslist, Zillow.com, Trulia, and Move.com", said Douglas Pope, co-founder and director of operations.
How it Works
HotPads is a map-based real estate search engine. It is free to list and free to search. Housing shoppers zoom into the city or neighborhood in which they are looking for housing, and the listings are displayed in their respective locations. Users can research prospective locations using HotPads' demographic and housing heat maps. Users can also view all the schools and public transportation in a given area and get relevant information about them.
HotPads.com launched its map-based housing search and listing service in November 2005. Since its launch, HotPads has become one of the fastest growing active listing services on the Web. Founded by three Notre Dame roommates turned entrepreneurs, HotPads' goal is to simplify the process of housing search through superior technology and services. For more information, call(563) Buy-Rent [289-7368] or visit the website at http://hotpads.com.