Industrial News

While all of these things are attractive to buyers, the cost for them is usually somewhere hidden in the cost of the home. On the nation’s leading website for new condo developments, www.newcondosonline.com, developers feature their new incentives on their condo properties.

When asked about the added value of these incentives, CEO Brandon Fishman said, “Incentives such as the ones we are seeing in this market are proven to encourage buyers across the country. I believe that certain incentives work better than others depending on the geographic location of the property. In Florida for example, purchasing a condo near a country club while receiving a free membership is more valuable to a homebuyer than receiving a free plasma TV. In a city like New York where HOA’s have become extremely expensive, a buyer will jump on a building offering one or two years worth of free HOA fees. My point is that the developer needs to research their market and target incentives depending on their market.”

Fishman began www.newcondosonline.com with former Navy Seal Brent Gleeson. The website launched in June of 2005 and is already the largest and most visited website in the country for new condo, pre-construction condos, town home, and loft developments. They now advertise over 800 developments nationwide and their clients include major home builders such as DR Horton, Centex Homes, Crescent Heights, and many others.

Gleeson commented on the developer incentives topic by stating, “Buyers need to feel that they are getting the highest possible value for their money. Some buyers shrug off these incentives, while others flock to them. If it helps a developer sell an extra couple units, I am all for it.”

About the company:
NewCondosOnline.com was founded by New Condos Online, Inc. to provide condo, town home, and loft developers with a user-friendly forum in which to advertise their new, pre-construction, and conversion projects. In turn, New Condos Online provides the home buyer with a national one-stop resource to find and compare new properties. As an advertising tool, New Condos Online also provides real estate marketing firms with a valuable method of promoting the projects of the builders they represent.

We handle advertising for condo, town home, and loft developers, real estate marketing firms, media companies, advertising firms, and real estate agencies across the country. Condos have increased in popularity over the last 10 years and are expected to play an increasingly important role in the housing market. With thousands of condominium projects planned for the next few years, New Condos Online realized the need to create a marketplace where home buyers and investors can learn about pre-construction and new condominium opportunities.

Condo, town home, and loft developers are constantly looking for new ways to market their properties. More developers are taking sales and marketing to the web but still have trouble bringing potential buyers to the websites. Consumers need a single access point where they can find the condo of their dreams whether it is a primary residence, second home, or investment property. New Condos Online provides greater exposure for the new and pre-construction projects of condominium developers, real estate marketing firms, and real estate agencies with our simple process. We feel strongly about providing the consumer with the best possible user experience. Please feel free to contact us at any time.

www.newcondosonline.com