MIAMI, FL (June 27, 2013) – Condo.com, owned and operated by eRealEstate Holdings LLC, has become the leading portal to offer condo buyers with objective reviews from building residents. The site now has over 3,000 reviews for buildings and neighborhoods across the country, with more being added each day.
This great feature helps buyers decide whether or not to invest and / or live a particular building. Buying a condo is a significant purchasing decision and having the option to read helpful condo reviews online is a big differentiator, separating Condo.com from other real estate sites. Consumers today across all socio-economic segments of the population seek reviews and feedback for anything they wish to buy. The larger the purchase, the more information consumers seek out before making a purchase decision. Sites such as ConsumerReports.com and Yelp dedicate themselves solely to providing review-type information on products and services, and more industry or product-specific sites are actively being launched as the demand for personal experiences with products and services continues to grow. Condo.com looks to provide the right tools and resources to help users make the most informed decision possible on their home purchase or lease.
Writing and commenting on reviews is becoming very popular on the site, perhaps in part because of the easy process. To write a review on the site, a user provides a 1-5 star rating on the condo or building based on the pre-set criteria presented and also enters their own personally written review. Reviews can be made anonymously as well so that an honest opinion can be provided without fear of repercussion from the condo board at the building. In general, review trends show that people who have either very positive or very negative experiences at a condo building or neighborhood want to share their story and participate in further conversation about the building or neighborhood. “Whether a review is positive or negative, our condo reviews are meant to give potential buyers and renters an informative, useful and honest idea of what to expect from living in a particular building”, said CEO of eRealEstate Holdings – Richard Swerdlow. “There is a fine line between providing an open forum and policing potential negative opinions of disgruntled residents. We try to do our best so that Condo.com can help consumers better understand the buildings and communities to which they are looking to move – one condo review at a time”, he added.
About eRealEstate Holdings LLC
eRealEstate Holdings LLC owns and / or operates the category-defining portals Condo.com, Houses.com, Property.com and Location.com. These real estate portals are the world’s largest online marketplaces for real estate with more than 30 million properties for sale, rent and vacation in the United States and 70-plus countries around the world. The site receives more than 20 million visitors per year, and cost-effectively delivers exposure and qualified leads to real estate professionals, builders and homeowners. The privately held eRealEstate Holdings LLC is headquartered in Miami, Florida.