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Google, REA & Domain – What’s The Deal?

3 minute read

There’s been a lot of speculation about why REA & Domain haven’t uploaded listings onto Google Maps real estate search as yet & I believe the main reason why is Money.

Reading between the lines Google, REA & Domain could stand to make a lot of money out of this deal. My theory is that a deal could be happening based around an Adsense style commission paid to REA & Domain.

Google makes most of its money through Pay Per Click advertising.

As PPC advertising became more & more popular Google ended up with more ads than ad impressions simply because people rarely searched past the first page on Google.

To solve this problem Google came up with Adsense. This enabled Google’s ads to appear on external websites by paying the website owner a percentage of the advertising revenue generated from their site.

Since launching real estate search on Google Maps, Google have been able to expand their potential online advertising space at the mind blowing rate of approx. 1 million pages.

For example, when you click on any one of the listings on Google Maps & then click the More Info link you’ll see 4 tabs – Overview, Details, Photos & Web Pages.

On each of these pages there is a vacant area to the right or at the bottom that is just screaming out for the Sponsored Links to appear.

If you look closely on the Web Pages page you’ll notice that as more sites feed their listings on, more Web Pages links like Homehound, MyHome, the agents website, etc appear down the page. This automatically expands the currently vacant area on the right hand side of this page. Just waiting for Google to turn on the Sponsored Links switch.

At first I couldn’t understand why Google would display numerous feeds for the one listing but now I get it.

The whole thing is a brilliantly devised concept by Google to expand their PPC advertising space. They’ve even designed it in such a way that they get 4 or 5 pages of advertising per property listing.

With Google reporting hundreds of thousands of listings being uploaded since the launch that adds up to approx. 1 million pages that they can now advertise on, with a lot more on their way as they roll this concept out globally.

And with total control over where they place their sponsored links Google will want every listing they can get. That’s why Google won’t charge agents to upload their listings & it’s also the reason why they will allow private sellers.

When you think about it REA & Domain have virtually all the online listings in Australia & getting a feed from them would be extremely lucrative to Google & will add millions of extra pages to their site, so it makes sense that Google will probably pay an Adsense style of commission to REA & Domain to have their listings feed.

So all I’m wondering now is what’s the deal? And how much more money do REA & Domain stand to make out of real estate agents’ listings?