CoStar Group has teamed up with the The Real Estate Board of New York to launch Citysnap, an all-new consumer-facing search app for REBNY’s Residential Listing Service (RLS).
Essentially, the app provides those searching for a home in New York with a highly efficient search portal that features accurate and up-to-date real-estate listings. According to the company Citysnap provides the first-ever platform to utilize all of the RLS's data.
"New York City is the country’s most exciting real estate market and I am thrilled that we are providing this powerful new tool for real estate agents and brokers to help their clients find the right home in the city," said CoStar Group Founder and Chief Executive Officer Andy Florance
New York Home Finders
CoStar Group and REBNY Launch 'Citysnap' for New Yorkers
Trend Themes
1. Consumer-facing Search Apps - With the launch of Citysnap, there is an opportunity for the creation of more consumer-facing search apps in the real estate industry.
2. Integration of Data - Citysnap's use of all of the RLS's data highlights the opportunity for the integration of data to create more efficient platforms in the real estate industry.
3. Accurate and Up-to-date Listings - Efficient portals with accurate and up-to-date real estate listings could be a trend to look out for in the future.
Industry Implications
1. Real Estate - Citysnap's launch highlights the opportunity for disruption in the real estate industry through the use of technology and integration of data to provide consumers and real estate brokers with efficient search portals.
2. Technology - As more industries like real estate embrace technology to create efficient portals for consumers, there could be an opportunity for the creation of new and disruptive technologies.
3. Data Management - With the importance of accurate data in real estate, there could be a trend towards the development of better data management systems specifically created for the sector.