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The News Funnel releases survey results on "State of Technology in the Real Estate Sector"



NEW YORK CITY (MAY 2013) – The News Funnel,, has released the results of its most recent survey. The fast growing news curation and distribution site for the real estate industry recently polled the industry to determine the "State of Technology in the Real Estate Sector."  The goal of the survey was to shed light on which websites are gaining the most traction in the industry, what sector of the industry is experiencing the most innovation and where the growth opportunities are in the real estate tech space.

The results of the survey were as follows:

Which data and information website is used the most by industry professionals?

  • CoStar was chosen by 60% of the survey followed by Real Capital Analytics and LoopNet in a virtual dead heat for second place.

Which new real estate tech site are you most impressed with?

  • A virtual tie between View The Space and CompStak was selected as the third most impressive site. Other sites that were chosen were RetailMLS, 42Floors and TheCapRate.

Which aspect of the industry is experiencing the most exciting innovation?

  • More than half of the survey respondents selected "news", followed by "marketing" and "space search".

Which area is lagging the most in regards to tech innovation?

  • "Data analysis" was the answer most given followed by "marketing" and then "property management".

When asked which sector of the industry is experiencing the most innovation residential or commercial?

  • Almost 70% of the survey said "commercial".

Finally, and most surprising, when asked what type of device you use to access real estate information:

  • 83% said their desktop while only %17 said mobile.

"The results from our recent poll reflect the dramatic transformation taking place in the commercial real estate industry," stated Michael Beckerman, Founder and CEO of The News Funnel. "There is so much technological innovation taking place in the industry today with new sites literally being born on a regular basis that it's a very exciting time to be a part of the this sector." Beckerman added.

About The News Funnel

The News Funnel is a free, web-based news aggregator for real estate professionals that sources industry-specific news from trade publications and major media sources. Subscribers create customized news feeds for their geographic market, industry segment and areas of interest that are accessed on their personalized home page or via a daily email.

In addition to pulling in news from thousands of media sources, The News Funnel features Company News Channels (CNCs) — web pages that are available at no charge to companies to upload press releases, event notifications, blogs and market research reports that are then distributed into the funnels of subscribers.

The News Funnel is currently available in New York, New Jersey, Boston, Washington D.C., Pennsylvania, Chicago, San Francisco, Los Angeles and San Diego with new markets being expanded to on a regular basis.

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05/06/2013 - 15:04


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