Type of site | Real estate, Apartments |
---|---|
Owner | Zillow Group |
Key people | Joe Charat, Jay Signorello, Gabriel Friedman |
URL | www |
Launched | 2010 |
Naked Apartments is a website-based business that connects apartment renters in New York City, United States, with real estate brokers and landlords. The website provides 'on demand showings' and 'reverse search'. Using the Naked Apartments website, landlords and brokers search for interested renters and send them listings and offers. [1]
In February 2016, Zillow acquired the company for US$13 million. [2]
NakedApartments.com launched out of beta in March 2010. [3] At that time it provided a reverse search tool, where brokers and landlords compete for renters by sending listings and offers to registered users of the site. [4] Renters could also browse available apartments, which were ranked by an algorithm, and read broker reviews posted from other renters. [5] The company's primary competitor at the time was Craigslist.
Craines New York, a publication of Crain Communications, reported that Naked Apartments had reached profitability in 2011. [6] In January 2012, Naked Apartments created an interactive list, called The Hall of Fame, to help renters choose reliable rental agents. Naked Apartments does not charge the agents who make their list. The list is free for renters to access. [7] In 2013 the site introduced "Showings on Demand", which was at the time the first online on-demand service in real estate. When renters see an apartment on Naked Apartments, they pick a convenient time to see it, and Naked Apartments finds a qualified agent who is available. [8]
Naked Apartments was nominated for a Webby Award in the Real Estate Category along with Zillow, Trulia, HotPads.com and The New York Times. [9] The company was listed second, after Move (company), as a top Apartment-Hunting Website by Time Out. [10]
Renting, also known as hiring or letting, is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement is signed to establish the roles and expectations of both the tenant and landlord. There are many different types of leases. The type and terms of a lease are decided by the landlord and agreed upon by the renting tenant.
A multiple listing service is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation and accumulate and disseminate information to enable appraisals. A multiple listing service's database and software is used by real estate brokers in real estate, representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in finding a buyer for the property or asset. The listing data stored in a multiple listing service's database is the proprietary information of the broker who has obtained a listing agreement with a property's seller.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business.
For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology leadership advisor.
The Millender Center is a mixed-use complex in downtown Detroit, Michigan. The complex spans two city blocks, containing a retail atrium, Detroit People Mover station, and parking garage on its first seven floors, plus the 33-floor Renaissance City Club Apartments and a 20-floor, 265-room Courtyard by Marriott hotel. Developed by Forest City Enterprises and completed in 1985, the Millender Center is now mostly owned by Bedrock Detroit.
Move, Inc. is a real estate listing company based in Santa Clara, California. The company operates the Move Network of real estate websites, the largest of which is Realtor.com. Move has a longstanding partnership with the National Association of Realtors, the real estate industry's largest trade association, for operating Realtor.com.
An electronic version of the real estate industry, Internet real estate is the concept of publishing housing estates for sale or rent online, and for consumers seeking to buy or rent properties through such platforms. Often, Internet real estate properties are listed and managed by landlords themselves. However, there are few exceptions where an online real estate agent would exist, still dealing via the World Wide Web and often stating a flat fee and not a commission based on the percentage of total sales. Internet real estate platforms surfaced around 1999 when technology advanced and statistics prove that more than 1 million homes were sold by the owners themselves in the United States alone in 2000. Some of the primary Internet real estate platforms include Zillow, Trulia, Yahoo! Real Estate, Redfin and Realtor.com.
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
Alison Rogers is an American journalist and real estate broker. Her memoir of her first year in real estate, Diary of a Real Estate Rookie, was published in 2007 and is now in its second printing. She is currently a Manhattan-based real estate broker at the boutique firm of Upstairs Realty.
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The Apthorp is a condominium building at 2211 Broadway on the Upper West Side of Manhattan in New York City, United States. The 12-story structure was designed by Clinton & Russell in the Italian Renaissance Revival style and occupies the full block between Broadway, West End Avenue, and West 78th and 79th Streets. It was built between 1905 and 1908 as a residential hotel by William Waldorf Astor, who named it after the Apthorp Farm, of which the site used to be part. The Apthorp is a New York City designated landmark and is listed on the National Register of Historic Places.
MyNewPlace is an apartment listing websites in the United States. MyNewPlace is headquartered in San Francisco in the SoMa neighborhood, but is owned by RealPage based out of Carrollton, Texas.
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Santa Clara, California. It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users.
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RadPad was a photo-based mobile application for home and apartment renters. RadPad's assets were acquired by the owners of LandlordStation on December 31, 2016. As of October 2016, renters could no longer pay rent through the app. Pay With RadPad, however, was relaunched under new ownership in March 2017. In March 2014, RadPad was the largest rental service in Los Angeles, and the second-largest rental market in the country. RadPad also offered additional real estate products such as renters insurance, credit reporting, and lease signing. Operations ceased in 2021.
The Republic of Panama's real estate industry relies on foreign investment. The sector has grown since 2006, as such investment has helped to fuel Panama's economy and housing market.
Compass, Inc. operates a residential real estate brokerage in the United States. It has approximately 29,000 agents, who are generally independent contractors, on its platform.
Steven Croman is a real estate owner, slumlord, and fraudster in New York City. In 1990, Croman incorporated the management and brokerage firm Croman Real Estate and quickly grew his business, owning 20 buildings by the end of the decade and 140 buildings by 2016, mostly in Manhattan's East Village. 9300 Realty was subsequently rebranded as Centennial Properties NY.