The internet: Meet the new marketplace.In January of 2000, The Corcoran Group spun off its Internet prodigy: corcoran.com. The web site sells homes listed by brokerage companies from all over the globe, and The Corcoran Group has become just another one of its more than 50 subscribers. By the end of the year, we expect to be just one of 200 subscribers. The little web site that we started as an experiment in 1995 has grown bigger than we are! I'm thrilled because the Internet is the new marketplace. It's the marketplace that matters, and corcoran.com is already bringing The Corcoran Group one out of every 10 of our transactions. Without corcoran.com, The Corcoran Group would be 1 percent smaller! Corcoran.com is already on its feet and moving at top speed towards its bright destiny. The talented James Kim This article is about the CNET editor. For the Korean guitarist, see Kim Se Hwang. For the Korean-American physician, see Jim Kim. James Kim (August 9, 1971 – December 3/4, 2006) was an American television personality and technology analyst for the former has taken the reins as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Thomas; Quick, president of Quick & Reilly/Fleet Securities, became the first outside member of its board of directors. Kim and his staff are already fitting out trendy new offices down at 490 Broadway in Silicon Alley An area in New York that has become known for its companies devoted to multimedia and the Internet. It is located in Manhattan's "Soho" district, which does not stand for Small Office Home Office, rather it is SOuth of HOuston Street. The corcoran.com team April, and is kicking off a new advertising and marketing campaign which includes sponsoring the Goodwill Games The Goodwill Games were an international sports competition, created by Ted Turner in reaction to the political troubles surrounding the Olympic Games of the 1980s. The 1979 invasion of Afghanistan caused the USA and other Western countries to boycott the 1980 Summer Olympics in in Upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. . Unlike many Internet start-ups, we turn a profit. Corcoran.com's profit reached more than $1.5 million in 1999 on more than $87 million in sales. We are also the first Webbased company ever spun-off from a bricks-and-mortar residential real estate brokerage company. The average price of homes sold on corcoran.com is around $546,000. What makes the Internet the marketplace that matters? It's simple -- this is the one place where you can sell to global, buyers at any time of day or night -- a $9 million, 1,000-year old castle in Tuscany alongside condo-hotel residences at the Mutiny Park in Miami, co-op apartments on Fifth Avenue and beautiful newly converted lofts at the Cobblestone Lofts building in Tribeca. In fact, right, now we are selling all of these properties via corcoran.com. And we, are drawing buyers from all over the 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 area, across the U.S. and around the world. For a few weeks earlier this year, our affiliate in Costa Rica was getting the most hits, probably because of the $5 milion mountaintop moun·tain·top n. The summit of a mountain. coffee plantation listed on corcoran.com. Not only can we track where the buyers are coming from, but we know immediately what kind of properties they are 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. . The Internet brings other benefits, too. It is instantaneous, easy to use, able to transmit useful information and open around the clock. It also allows our customers to come to us, browse and learn, then hit the "chat" button or pick up the phone when they're ready for help. With clients so busy today, the Web is an invaluable tool to boost productivity and save them time. I have to admit, I'm a Web junkie junkie Popular health A popular term for a person, usually an IV narcotic abusing addict, whose life is disorganized vis-á-vis family and societal structure, whose existence revolves around obtaining–often through theft, prostitution or other illicit . I love surfing and I buy things on-line all the time. I know the power of the on-line marketplace, and I'm glad that The Corcoran Group is one ofthe first to be there. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion