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news for the online real estate industry

Home Buying on the Web Still a Tough Sell | latimes | Aug 6, 2000
the nascent online real estate category hasn't lived up to predictions that it would steer consumers away from agents, cut commissions and simplify the frustratingly complex home-buying process.

Housebuilders plan killer home sales site | telegraph | june 8, 2000
A SECRET project by the UK's top housebuilders to sell homes via a single British website is a serious blow to the overcrowded online property industry.

upside | may 19
Homestore.com is teaming with seven real estate industry players to create a new Internet-based system designed to streamline the purchase of a home.

Online Publishing News
In 1995, just 2% of homebuyers attempted to purchase their homes online. Four years later 37% of house buyers used the internet at some time or other during their searches.

Five top home builders to form company for sales via Web site
IN A DEAL that makes partners of some of the industry’s biggest competitors, the nation’s five largest home builders expect to announce Wednesday plans to form a company that will sell homes via a Web site

Seattle Times: Microsoft mission: Reinvent real estate
Promising to shave weeks of paperwork and thousands of dollars off the cost of buying a home, Microsoft today plans to announce a new company aimed at moving real estate to the dot-com model that has streamlined book, airline, stock and car purchasing.

Home, Home on the Page
Using the Net as a house-hunting aid isn't a new technique. Renters, especially, have been doing it for years. But if you're shopping the East Village from L.A., it may be your only option.

News Unlimited | Estate agents go from laggards to leaders
In the face of the challenge posed by growing numbers of internet-based property services, four of Britain's biggest traditional estate agency groups have decided that if you can't beat them, join them.

Will Realtors lose power to the Internet?
Agents could end up being little different than a server at McDonalds. Instead of handing over a Big Mac and fries, they're serving up a three-bedroom, two-bath house ordered off a Web menu.

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