Top Ten Most Popular Apartment Search Websites in Fourth Quarter 2008

Scottsdale, AZ - January 13, 2009 - (RealEstateRama) — Realty DataTrust, makers of VaultWareâ„¢, the multifamily industry’s leading online availability and reservation system, today released the list of the ten most popular apartment search websites during the 4th quarter of 2008. The rankings are based on the number of times renters “check availability” online per property. When rental prospects check availability through VaultWare powered websites, they see current rental pricing and availability versus filling out an email form to request this information. Checking availability is typically the first step in the rental process after viewing the property online.

To help put these numbers into perspective, if a property had advertised on these top ten Internet Listing Services during the 4th quarter, 713 unique rental prospects would have viewed their apartment availability online. These top ten websites are part of the 160+ VaultWare powered websites with online leasing functionality in the United States.

Top Ten Most Popular Apartment Search Websites

Rank Website Availability Sessions
Per Property
1 Rent.com 200.9
2 4walls.net 165.6
3 ForRent.com 81.6
4 ApartmentGuide.com 77.8
5 Apartments.com 69.1
6 ApartmentShowcase.com 53.7
7 ApartmentHomeLiving.com 26.4
8 Move.com 19.3
9 MyNewPlace.com 11.1
10 ApartmentSearch.com 7.8
Total 713.3

For more information, visit the VaultWare Online Marketing Index which enables multifamily professionals to benchmark their individual property or their portfolios’ online leasing results against industry averages.

About Realty DataTrust Corporation

Realty DataTrust Corporation, located in Scottsdale, Arizona, offers online leasing solutions for the multifamily housing industry that helps consumers reserve apartments online and decreases properties’ vacancy rates. Over 100 management companies throughout the United States, from small property management companies to some of the country’s largest real estate investment trusts, use the award-winning VaultWare check availability and reservation system. VaultWare lets consumers easily find and reserve an available apartment while giving apartment management companies reservations from highly-qualified prospects. PadZing.com, an apartment market trends division by Realty DataTrust, gives apartment owners, marketing executives and apartment brokers vacancy and rental rate data to help create forecasts, compile customized data trends per geographic region and analyze trend data to make daily business decisions. To learn more about Realty DataTrust, visit the company’s website at www.realtydatatrust.com.

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Comments

TreehouseForRent.Com provides free rental property ads nationwide with many of the higher-end features that the competition charges for.

Regards!
TreeHouseForRent-The site with the funny name.

It would be interesting to see how this websites stack up to Craig’s List. i don’t know anyone who searches for apartments any longer on these types of sites.

It is interesting to see two newcomers - mynewplace with its locator model and apartmenthomeliving.com with its social media model moving up the list.

We do get alot of feedback from searchers on Rent.com, however I think the reason is people know that Rent.com hands them $100 if they say they found their apartment thru that site. It is expensive for companies to use Rent.com, but it gets the people into our offices!

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