Magicbrick’s Flagship product
It’s completely free to
visit the kiosk and they charge a premium from developers to advertise their
property. Other than the Virtual
reality they have 3D hologram display and LCD displays for developers to
showcase their properties. Magicbricks experience
center is not a one-stop solution for developers it’s just a one of the
innovative solutions.
Dream
Home Festival
Dream Home Festival is an
online real estate event organized by magicbricks every year during Diwali
festive season to create an urgency in the real estate market.
Its like Flipkart’s
BigBillion Dollar sales or Amazon’s Great Indian sale where the builders
announce lucrative offers for the end buyers which stays in the market for a
limited period only.
Magicbricks in association
with other print and advertisement media promotes this offers in the market
very loudly and create a buzz among the property buyers.
As said magicbricks being a pioneer in the online real estate
listing they recently launched the exclusive section to display deals and
offers in the real estate called Seal the deal.
An opportunity for the home
buyer to close his property at better deals and an opportunity for
builder/promoters to sell his properties faster in the market.
The concept is very simple,
builders offer some lucrative offers and this offer stays in the market for a
limited time. Within this time frame, a buyer either has to block the property
or purchase it to avail the time framed offers.
Magicbrick’s
Flagship product
Magicbricks is a pioneer in
introducing innovative real estate advertisement solutions which is one of the
top reasons for their continuing success in the industry.
Magicbricks recently
launched an effective real estate remarketing tool to target the defined real
estate buyers, it functions as a regular Google remarketing tool except the
fact it targets real estate buyers in specific.
For example: if a property
buyer searches for a property in Chennai then the advertiser can follow that
particular buyer wherever he migrates online, it can be Instagram, Facebook or
news reading sites like TOI, the builder ad follows vigorously for the next 10
to 20days.
Builders can set their TG
(Targeted Audience) based on the city, locality, budget and can tap their
competitor’s audience also. Really a great tool to
create a buzz in a shorter period.
Magicbricks iProspect
Magicbrick’s iProspect is
an access to buyers database for builders/advertisers where builders can view
the requirements posted by buyers.
For example: If I am a
looking for property in a particular locality I post my requirement in
Magicbricks, this data will be shown to builders/advertisers by hiding the
contact details of the buyer.
To view the contact details
of the buyer, the advertiser has to buy credits from magicbricks. The number of
credits varies from the requirement to requirement. But the drawback of this
product is advertisers cannot differentiate original buyers from
agents/brokers.
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