Enhance Quality & Efficient Matching for Property Agents: New Listings Update, Effective 18 March 2024

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Quality and Trusted Marketplace: More Relevant & Efficient Matching

Being your trusted business partner, we are committed to creating a quality and trusted marketplace that matches agents’ listings to verified property seekers looking for authentic, relevant, and accurate listings. Undesirable competition caused by fake, duplicate and poor-quality listings can dampen the user experience, creating friction and inefficiency in the property journey for agents and property seekers.

As part of our commitment to improve marketplace quality, PropertyGuru has proactively invested in agent-branding, listing moderation tools and guides for agents. Some of these include Ratings & Reviews, Listing Quality Score and Quality Photos Guide. Besides these, we also previously launched the Know-Your-Customer initiative (Gating of Enquiries) to improve the quality of leads, thus ensuring agents can be matched to verified, genuine and high-intent consumer leads.

Enhance Quality & Efficient Matching for Property Agents

In addition to our efforts to improve the quality of listings, we will be introducing Dynamic pricing for all new listings posted on PropertyGuru.com.sg , effective from 18 March 2024.

Dynamic pricing (previously known as Optimus) was introduced by PropertyGuru in 2018 to rebalance the property marketplace . It calculates the amount of Ad Credits (Post, Repost, Turbo, Boost) and Prime Credits (Featured Agent) required for your listing actions, based on market demand and listing supply.

With our product commitments and Dynamic pricing, we aim to create a healthy and efficient property marketplace by discouraging fake, duplicate and poor-quality listings, thus ensuring authentic and quality listings can be matched to property seekers effectively.

New Listings Update, Effective 18 March 2024

Please see below for the change from 18 March 2024:

For more information on this update, you may visit our Help article.

If you have any question or feedback, feel free to reach out to any of your agency’s dedicated Account Managers or send our friendly Customer Service team an email at custcare@propertyguru.com.sg.

Being a better partner for you,
PropertyGuru Team