HotPads explained

HotPads
Url:http://hotpads.com/
Commercial:Yes
Type:Apartments, Real Estate
Language:English
Registration:Optional
Creators:Matt Corgan, Douglas Pope, and John Fitzpatrick
Launch Date:2005
Current Status:Active

HotPads is a rentals and real estate marketplace launched in 2005 that enables users to search for housing using an interactive map. Listings are displayed at their addresses, allowing users to conduct a location-based search. Through the graphical interface, users click on individual property listings depicted by color-coded building icons.

In 2012, HotPads.com was acquired by Zillow for $16 Million.[1]

In August 2014, HotPads launched an updated version of the site.[2]

Background

HotPads was founded in 2005 by Matt Corgan, Douglas Pope, and John Fitzpatrick. The site currently lists 4 million for-sale properties and 500,000 rental properties,[3] with its most densely listed areas being New York City and Washington DC.

In 2006, based on information from 2006, HotPads operated with a staff of 10 people out of Washington, DC.[4] In 2011, HotPads relocated to San Francisco[5] where it currently operates from the Zillow San Francisco office.

References

  1. Web site: Zillow Acquires HotPads For $16 Million To Expand Rental Listings. Forbes. 5 March 2014.
  2. Web site: HotPads Unveils Redesigned Site and App to Make Searching for a Rental Faster and More Intuitive. Zillow. 20 August 2014. 6 October 2014. https://web.archive.org/web/20141006083653/http://investors.zillow.com/releasedetail.cfm?ReleaseID=867146. dead.
  3. https://www.usatoday.com/money/economy/housing/2008-08-28-real-estate-websites_N.htm Real estate info flows freely on the Web
  4. Web site: Hammer . Ben . 2 April 2007 . HotPads gets new digs, plus a cool $2M in funding . 2024-01-25 . www.bizjournals.com.
  5. Web site: HotPads Opens Office in San Francisco . HotPads. 25 May 2011.

External links