New York City, May 5th, 2008 – Today The Corcoran Group announced its partnership with PropertyShark.com, a nationally-recognized source for residential property reports. This partnership between the two industry leaders in residential real estate sales and reporting marks the first time a brokerage firm has partnered with a research website to provide both the real estate agent and the consumer with the most up-to-date and complete information available on New York City properties. The companies will work together to provide the most current data to Corcoran’s agents, to train the agents to leverage the advantages of PropertyShark.com for their business, and to utilize their combined information in The Corcoran Report, the original statistical report on Manhattan’s residential real estate.
“The public’s thirst for more and better information on residential real estate is changing the way we work,” said Corcoran CEO Pamela Liebman. “Our goal in partnering with PropertyShark.com is to further enhance Corcoran’s considerable abilities in providing up-to-the-minute information to our agents and to the consumer and to inform and educate them in the sale or purchase of a home.” “By selecting PropertyShark.com, Corcoran brokers and agents will have access to unparalleled information on every property in New York,” said Bill Staniford, CEO of PropertyShark.com. “There is no doubt in my mind this will help Corcoran’s clients make the best possible decisions about buying or selling a home.”
The benefits of the partnership will be enjoyed in multiple ways. Corcoran will provide PropertyShark.com’s most essential data to its New York City agents at no cost to the individual users. In addition, professionals from PropertyShark.com will give both introductory and ongoing training to Corcoran agents to familiarize them with the tools the site provides. At Corcoran’s request, PropertyShark.com programmers are developing numerous enhancements to the site, including a polygonal search tool, improved list and mailing label generating capabilities, and the ability for agents to send property reports to a customer using the Corcoran branding. Finally, PropertyShark.com will supply data and analysis to Corcoran’s technology and research departments to enrich The Corcoran Report’s information matrix, substantially enhancing its scope and reach.
Recognized by The New York Times, New York Magazine and The Real Deal as the city’s leading real estate information website, PropertyShark.com has become an indispensible tool for consumers, investors and real estate professionals alike. PropertyShark.com’s researchers scour the public record and pound the pavement to collect data on sales, foreclosures, title transfers, ownership and the history of real estate in major metropolitan areas around the country, with a particular focus on New York City. In turn, it enables real estate professionals to educate themselves about properties, to collect the most up-to-date comparables, and to market themselves and their listings to target audiences.
The Corcoran Group, a leading residential real estate brokerage company in New York City, operates 47 offices with 2,500 sales associates serving Manhattan, Brooklyn, the Hamptons, the North Fork, Shelter Island, Delray Beach and Palm Beach, Fla. The Corcoran Group, is part of NRT LLC, the nation’s largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy’s company-owned real estate brokerage offices
With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property tax, sophisticated maps, apartments for sale, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com
For all media inquiries, please contact the PropertyShark.com Marketing Department at (718) 408-4985 or pr@propertyshark.com.