News and Announcements
ListGlobally and WorldPosting Merge forming Largest Global Syndication Network
- Published May 07, 2013 3:40PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Source: Property Portal Watch
By Simon Baker on 6 May, 2013
Classified Ad Ventures, the owner of ListGlobally, and Previsite, the owner of WorldPosting, are pleased to announce the merger of these two businesses. The new entity, known as ListGlobally, will provide real estate agents, brokers and developers around the world with access to the largest international listing syndication network.
International listing syndication is the marketing of an agent’s, broker’s, or developer’s listings in markets outside of their home country. This provides low cost access to an unparalleled global audience while helping win new business by having a differentiator in listing presentations.
With the merger, ListGlobally now syndicates to over 50 property portals covering all major markets. Each month 40 million people visit these portals and it is expected that this network will increase to over 100 portals during the next 18 months.
ListGlobally partners with software companies and property portals to resell the ListGlobally network to their customers – the agents, brokers, and developers. Resellers can put their own brand on a ListGlobally subscription, offer a better service compared with other portals in their market, and can generate additional revenue streams.
Simon Baker has been appointed Chairman of ListGlobally. Simon is the former CEO and Managing Director of the REA Group in Australia and the former Chairman of the iProperty Group in Asia.
“This merger brings together two recognised players in the international listing syndication market to create the clear leader in this space. Agents, brokers and developers all win as they now have access to an even larger global network, our reseller partners win as the subscriptions they resell are even more valuable, and our distribution partners win as the volume of listings will increase,” remarked Simon.
Eric Calosci, the CEO of Previsite, will sit on the Board of ListGlobally and work closely with the CEO on European sales and marketing initiatives. He brings a wealth of experience and relationships to the new company.
Eric commented, “I’m extremely excited about our two companies coming together. In my discussions with portals around the world, there is a clear desire for international listing syndication and this deal creates the market leader.”
Chris Vulovic has been appointed President and CEO of ListGlobally. Chris is the former CIO of the REA Group and has been President and CEO of Classified Ad Ventures for the past 2 years. Chris brings 12 years of online property portal experience to the business.
“In this global market, the ListGlobally product is an exciting product to offer to our customers. I look forward to continuing to increase the strength of our network and working with our customers to deliver an exceptional product and service,” commented Chris.
For more information, please contact Chris Vulovic ([email protected])