A New Way To Search For Real Estate (MyRealEstate.com.au)

Published: Feb. 10, 2016, 2 p.m.

b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/new-way-search-for-real-estate\\\\/#arve-youtube-wsrgnb4iu50659a0b2e8bef7183920858","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/wsrgNb4IU50?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\nThere is a new, faster, better way to search for real estate online. A better experience with less ads.\\n\\nHey, guys, Ryan here from onproperty.com.au, helping you find positive cash flow property. Today, I\'ve got an awesome tool for you guys and an interview with the creator of that tool. The tool is myrealestate.com.au and the creator who\'s with me today is Nino Svonjia.\\n\\nRyan: Hey, Nino, how\'s it going?\\n\\nNino: Hi, Ryan. Good, yourself?\\n\\nRyan: Very good. Now, you guys know when you go on to realestate.com.au or you go on to domain.com.au and you search for a property, the search listings aren\'t always the best. They\'re not organized the best. There\'s often those sponsored listings that get in the way that aren\'t in the same suburb or the same price range that you\'re searching for.\\n\\nSearching for properties online and finding a decent property can be extremely difficult and Nino is trying solve this problem with his tool, which I just discovered the other day, called myrealestate.com.au, which you guys can be able to check out.\\n\\nSo, Nino, talk us through what is myrealesate.com.au and what are you guys trying to achieve over there?\\n\\nNino: Thanks, Ryan, First of all, thanks for having me on your show. It\'s great to be here. MyRealEstate is a completely new kind of search engine for all listed properties in Australia. So, it\'s very unique, it\'s very different than anything that\'s out there. What we\'re trying to do is gather all of the listings that are advertised out there and put them together in one place. More like a traditional search engine rather than a property advertising portal. So, we want it to be fair. We want it to be fast and easy to use.\\n\\nRyan: Yup.\\n\\nNino:\\xa0You mentioned some of those points there around fairness. We see a lot of that as we gather some of that data. Sometimes, prices can be put in a price range where they don\'t belong to, just so they\'re trying to attract more users to click on them, and this is really not fair for the buyers.\\n\\nRyan: Often times, I\'ll do a search and stuff will come up that\'s listed as "auction" or it\'s listed as "no price" and it\'s not actually really in that price range. I can tell just by looking at the property. This property shouldn\'t really be shown to me in the price range I\'m looking for.\\n\\nNino: That\'s right. The reason for this is because some of these websites have the ability to specify a hidden price or a hidden price range so that they can still appear in search results. This is not fair because this is a little bit deceptive behavior and often, what advertisers do is put lower price ranges because they\'re trying to attract more buyers. With myrealestate.com.au, we just have a single price.\\n\\nYou either have it said or you don\'t. And, we try and be very transparent about showing that to the users. In fact, if the price is not said, we try and penalize that and push it down because we think that if an advertiser hasn\'t put a price, usually, they try to involve in some tricky behavior. Otherwise, it\'s either too expensive, the vendor wants too much money or they\'re trying to fish the market, or something like that.\\n\\nRyan: Okay. So, let\'s talk through the search software because I\'ve had a little play with it, but not a massive play with it. I like some of the tools because you can search using keywords. So, I can search for things like "yield" and properties where the real estate agent has "rented", the yield will come up. Or, I can search words like "rented for" and then properties where the real estate agent has s...'