ByTheOwner.com reaches 6,000 Properties For Sale
ByTheOwner.com recently reached 6,000 properties for sale in Canada! This is a significant milestone for us, as we only reached 4,000 properties for sale in June of 2007. In less than 1 year we have increased our online inventory by 50%. At this pace, we should reach 10,000 homes for sale in 2010.
For ByTheOwner.com, the number of properties for sale is almost as significant as the number of properties sold. We know that buyers only visit websites that have lots of listings. The more listings a website has, the more buyers the website receives.
Our success rate ranges between 55-60% (which compares to agents with a success rate ranging from 62-65%). It takes a lot of volume in order to maintain a large inventory of homes for sale because many of our properties sell, which reduces the number of homes that we have for sale. Currently ByTheOwner.com advertises 270-330 new properties each week.
