News: Fairfax & REA property listings war fires up, page-4

  1. 1,698 Posts.
    lightbulb Created with Sketch. 47
    I'm not the most switched on person in the world, but if I was buying or renting a house in Sydney or Melbourne, I would probably search domain.com.au AND realestate.com.au to get a more complete picture of what was out there. I'm not really sure of the relevance of this data. People who log on to one site only are possibly/probably not real buyers or renters but just browsing the market.

    The other reason (as a holder of REA) that these figures don't bother me is that we are not comparing like with like. REA is a global player and has significant market share in some parts of Asia, Europe and the US. In individual markets over the world it is possible, and even likely, that a local competitor has an equal or greater share. But for FXJ, it is critical that they maintain a big market share in Syd and Mel otherwise they have nothing. So probably they are putting a bit of effort into it!
 
watchlist Created with Sketch. Add FXJ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.