On Line Real Estate Technology

I was quite excited about this story back in June/July, when I first came across the story of Dash, the web enabled GPS unit which allowed users to search for real estate via the web and the GPS unit. In fact I reported back then that Coldwell Banker had signed a deal to distribute their properties exclusively, which I thought a great idea and a real win for them. Well it seems that the company were a little ahead of their time with the concept but not with the hardware. The company had commenced selling their units at $600 each plus the monthly subscription fee, which it seems a lot of consumers thought too expensive. There are now a lot more slicker units on the market which incorporate GPS and don’t charge consumers above their monthly fees for connection.

News this week from gigaom.com, is that due to the sluggish economy, the company is slashing 50 jobs and changing it’s business model from consumer to B2B. So we’ll now have to wait for the big names in GPS units such as Tom Tom or Navman to look at integrating this into GPS units. The big companies are now offering traffic network updates on their units and this has rolled out in NSW,Victoria and Qld, so don’t despair, the Iphone and other new GPS enabled phones are having an impact on the mobile search platform and hopefully with new software applications coming out all the time, such as Utoprias The Future of The Mobile Real Estate Search on Iphone  all may not be lost.