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Corcoran.com resulting in more sales. (Technology).


Real estate customers that result from Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 shopping on Web sites such as corcoran.com are proving to be one of the greatest sources of real estate business for the Corcoran Group. The company's year-to-date Year-to-date (YTD)

The period beginning at the start of the calendar year up to the current date.
 total number of units sold as a result of Internet shopping was up 274% over 2001. Corcoran's Internet generated business is surpassed only by personal referrals and co-broking. Increasingly, the Corcoran Group is finding that its buyers and sellers are finding their home hunting needs met by the Internet more than any other source including newspaper classifleds.

* The number of visitors to corcoran.com increased from 398,929 in March 2001 to 616,343 in March 2002, an increase of 65%.

* Year to date, Corcoran's total sales volume resulting from Internet generated business was up 255%.

* Fifty-one apartment sales resulted in March 2002 from consumers shopping online, a 34% increase over the same period in 2001.

* On any given week day, the average number of visitors to corcoran.com is over 30,000. The greatest amount of web traffic to corcoran.com occurs on Mondays and 4 p.m. is the busiest time for those looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 apartments online.

* Home sellers in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 are relying on real estate web-sites more than ever for the maximum amount of exposure in an increasingly tight market.

* The number of apartments rented in New York as a result of Web shopping is increasing as the rental market softens and renters are able to browse (1) To view the contents of a file or a group of files. Browser programs generally let you view data by scrolling through the documents or databases. In a database program, the browse mode often lets you edit the data. See Web browser.  online at a more leisurely pace.

"Shopping on the Internet arms home buyers with an arsenal of information," says Barbara Corcoran, Chairman and Founder of the Corcoran Group. "Buyers and sellers can educate themselves about the market and listings and navigate (1) "Surfing the Web." To move from page to page on the Web.

(2) To move through the menu structure in a software application.
 the field with confidence."
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 22, 2002
Words:291
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