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Top Ten VaultWare Powered Apartment Search Websites in Second Quarter 2010


News provided by

Realty DataTrust Corporation

Jul 14, 2010, 09:00 ET

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SCOTTSDALE, Ariz., July 14 /PRNewswire/ -- Realty DataTrust, maker of the VaultWare™ complete apartment marketing and leasing solution, including the multifamily industry's original online apartment availability and reservation system, today released its quarterly list of the top ten most popular apartment search websites powered by VaultWare during the second quarter of 2010.

The VaultWare apartment reservation system integrates with over 170 websites in the United States to provide rental prospects the ability to find current rental pricing and availability, as well as to hold a specific unit and pre-qualify instantly online. Research shows that checking availability is typically the first step in the rental process after viewing general information about the property.

Since VaultWare began powering online availability and reservations for the apartment industry 7 years ago, over 38,500,000 people have used the system to help them find a new home. On average, over 1 million people per month have used VaultWare to check availability during the last two quarters.

Craigslist topped Rent.com in the second quarter, taking the top position on the ranking for the first time. The classified listing site first broke into the top 10 at the number 6 position in Q3 of 2009. Since then per property availability sessions from Craigslist have increased by an astounding 491%!


Top Ten Most Popular VaultWare Powered Apartment Search Websites – Q2 2010

Based on prospective renters checking apartment availability

Q2 2010 Rank

Q1 2010 Rank

Q2 2009 Rank

Website*

Availability Searches per Property

1  

2

6

Craigslist.org

232.3

2  

1

1

Rent.com

176.8

3 -

3

3

Apartments.com

154.3

4  

5

4

ForRent.com

97.1

5  

7

NR

Move.com

78.6

6 -

6

9

ApartmentFinder.com

61.3

7  

4

2

4walls.us

57.6

8 -

8

7

ApartmentGuide.com

36.9

9 -

9

10

MyNewPlace.com

24.4

10 -

NR

NR

ApartmentSearch.com

11.7




Total

931.0

* Rankings are based on the number of times renters check specific apartment availability online per property from the
respective website. All websites have a minimum of 200 apartment properties powered by VaultWare.

For more information, visit the VaultWare Online Marketing Index (www.vaultware.com/marketindex) which enables multifamily professionals to benchmark their individual property or their portfolios' online leasing results against industry averages. To see how rental pricing compares by marketplace, visit www.PadZing.com.

About Realty DataTrust Corporation

Realty DataTrust Corporation, located in Scottsdale, Arizona, offers online leasing and marketing solutions for the multifamily housing industry that help consumers find and reserve apartments online and decreases properties' vacancy rates. Over 120 management companies throughout the United States, from small property management companies to some of the country's largest real estate investment trusts, use the award-winning VaultWare check availability and reservation system. The VaultWare apartment reservation system lets consumers easily find and reserve an available apartment while giving apartment management companies reservations from highly-qualified prospects. PadZing.com, an apartment market trends division by Realty DataTrust, gives apartment owners, marketing executives and apartment brokers vacancy and rental rate data to help create forecasts, compile customized data trends per geographic region and analyze trend data to make daily business decisions. To learn more about Realty DataTrust, visit the company's website at www.realtydatatrust.com.

Contact: Kevan Humphrey

Phone: 480-776-5358

Email:  [email protected]

SOURCE Realty DataTrust Corporation

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