Archive for January, 2012

Do you want to sell your property on Facebook? With new Facebook app, this is doddle!

Social media has become an irreplaceable part of our lives. Most probably, there is no a single day passing away without spending at least a few minutes in Facebook. So have you ever thought about selling your home using Facebook?

Facebook, which is widely used for advertisers as an advertising platform, never slows down its innovations. A new app which allows users to buy, sell and rent out property on Facebook was launched just a few days ago. Innovation experts regard this app as a move in the right direction. The app launched by Sohail Rashid, a Yorkshire based entrepreneur – who has put together an experienced team that consists of Facebook developers, Google owned beatthatquote.com and Guardian Media Group Property Services – has over 500,000 properties for sale and rent across the UK.

Property Place, which claims to be the first of its kind in the world, allows property owners to meet prospective buyers and tenants without the need for an estate agent. At a charge of £75 to sell a property and £35 to let out their home, users can arrange viewings through Facebook’s private messaging service. It is time-saving because users can upload details of their property in minutes and easily manage the whole process in one place.

The entrepreneur Rashid said: “Property Place makes it easier for consumers to share the decision making process with trusted friends and family on one platform. By offering consumers more transparency and control Property Place improves the process for both buying and renting”. He added that “Social networking allows improved consumer engagement and is the future for all high street services. Our business model doesn’t rely on estate agency subscription fees and will always remain focused on providing consumers with more control during their house move.”