PropTechNOW

REA Purchases Homesite

2 minute read

Homesite.com.au which was launched a few years ago by News Ltd has been acquired by REA for a rather small AUD$1.6 million. REA could deo some really good things with this site. I would like to see it be a massive resource for users to go to to get hints and tips on how to improve their properties for sale or for just living in.

I have spent a little bit of time on this site over the years and over the years has seen some significant improvements. It is a good looking professional website that has some great hints ands tips for renovators, gardeners etc. The advertising is subtle throughout most of the site and I would like to see this stay the same.

The site is built using MySource Matrix an Open Source CM System that is developed here in Sydney Australia, from what I understand it is a very powerful system, but not for the feint hearted.

Now this is where REA can do some great things with this site……I wonder what they have planned? Ohhh I can see an REA Free to Air Digital TV Station coming on soon……!

Things are hotting up folks…….REA Live TV……………….come on Simon/Dave, now that would trump PBL!