Realtor.com Throws Their Agents a Bone

April 20, 2020
Share this Post: 

During this time of crisis, companies are scrambling to compensate for the struggles of their workforce in any way they can. In the world of property portals, that means discounted subscription extensions for agents. 

One such portal has announced it will extend its billing relief program for its agents. Realtor.com said that it will be offering a smaller reduced subscription fee this month and allow its agents to suspend their services and extend their contracts, monthly. 

As the first discount on monthly subscription charges end, the portal knew it needed something else to continue to help its agents while also keeping business going. The subscription was for its advertising and lead generation tools. 

Now, the company is offering two new options to help its agents:

  • 30% discount for its advertising and lead generation services
  • Temporary suspension of services and billings for the subscription in exchange for an extra month of contract life.

Real estate companies are doing whatever they can to improve their offerings to match the current societal environment. Innovation on the technology side is just one part. There is still a very human side of buying and selling real estate that can’t be replaced yet. Discounted subscriptions seem to be the average answer to the dilemma that portals have come to.

April 20, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Fotocasa Madrid Buildings
Fotocasa Launches Travel Time Search Tool

The Spanish real estate portal Fotocasa has launched a tool that lets its users search for properties by the time...

Read More
Shutterstock 1965375514 1
Zillow's Listing Pages Get Biggest Overhaul in Five Years

The market-leading U.S. real estate portal Zillow has announced a redesign of its listing pages. According to a press release,...

Read More
Shutterstock 1743401084
CoStar's OnTheMarket Acquisition: Tebb to Remain CEO, Shareholder Questions the Deal

The latest news to come out of Costar's expected acquisition of UK agent-owned portal OnTheMarket has raised a couple of...

Read More
Shutterstock 2200544553
Financial Services Specialist BetterHome Group Increases Shareholding in South African Portal Private Property

The BetterHome Group has increased its shareholding in the South African real estate portal Private Property. According to a report...

Read More

Editor's Pick