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SpotProperty Sets Out To Be First Daily Deal Website For Home Buying

January 22, 2013 | Written by Megan Bildner - Jr. Editor

DDM3Buying a home on a budget? SpotProperty is the first daily deal site for those who are seeking a new house. The deal site searches through millions of homes on the housing market to identify the best deals in a local market and send out the information via e-mail to interested users. SpotProperty focuses on homes that are priced at least 10 percent below market value.

The daily deal website for homes, a subsidiary of Movoto.com, uses a “patent-pending DealSpotter” algorithm that selects multiple listings and compares homes that are on the market to similar homes nearby, including those that were recently sold.

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SpotProperty was founded by Henry Shao and a small team as a new service from Movoto Real Estate. Shao is a licensed real estate broker, investor and software industry start-up veteran. He cofounded Movoto Real Estate is an online real estate search tool that helps homebuyers to find and purchase homes efficiently

“Over 40 million people in the United States have used some type of daily deal site, so this concept is well understood,” said SpotProperty co-founder Henry Shao in a recent report.

“Americans love deals, and there are more home deals in the housing market now, than ever before. SpotProperty is a fun and easy way to discover great home deals around you,” Shao continued to explain in the news report.

Source: Realty Times

Megan Bildner

Megan is currently the Jr. Editor of the Daily Deal Media and Digital MI sites with Mogul Media. Here, she is responsible for the site's content and publication. Along with these tasks, Megan also engages with the DDM & DMI audience through social pages/groups/tweets. When she is not working on the DDM & DMI sites Megan enjoys tweeting, traveling, snowboarding, hiking, and socializing with her friends. She grew up in Michigan's Clarkston and Lake Orion and loves being on the lake, boating, and wake-boarding. You can follow her @MeganBildner or e-mail her at megan@mogulmedia.com

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The annual DDM Industry Report is the most comprehensive look at the Daily Deal industry. The 2013 report is our 3rd edition and takes a close look at the rocky road the deal industry faced in 2012 and the challenges coming up in 2013. Entering 2013, the deal industry appears to have found its mainstay in the ecommerce world. The debate remains, often brashly, as to the future of the industry as technology and consumer buying habits continue to expand. Throughout the sections of this report you will find exclusive insight to valuable daily deal intelligence including case studies, surveys, checklists, best practices, data, research, trends and much more. Within this 3rd Annual DDM Industry Report readers will find a unique review of the deal industry throughout 2012, highlighting key trends, players and developments over the past twelve months leading into 2013.
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The 2013 Merchant List includes 152,833 Merchants who ran 529,306 daily deals in 2012 with publishers tracked by DDM. The data includes contact details for each merchant and additional deal detail.
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