Rumors of Craigslist’s death have been greatly exaggerated, but the dot-com era site may be losing its dominance in the American real estate market. Craigslist’s revenue from real estate listings is down a hefty 23.8 percent from last year, falling from $13 million to $9.9 million in 2012, according to a report today from research firm AIM Group, which tracks the online classifieds industry.
Such a dramatic loss in real estate listings would help explain why Craigslist pulled out all the stops this summer to quash the popular housing search tool Padmapper, which aggregates listings from Craigslist and other sites and displays them on a map with extra search tools. Craigslist sued the one-man operation and its data provider 3Taps,...
via The Verge - All Posts http://www.theverge.com/2012/11/5/3592628/craigslist-housing-revenue-decrease-aim-group
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