Industry Real Estate Area served Worldwide Founded 2010 | Headquarters China Key people Charles Pittar (CEO), Number of employees 75 | |
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Founder Simon Henry, Andrew Taylor Number of locations 2; Shanghai, China, Hong Kong SAR, China Profiles | ||
Juwai.com is China's largest international property website for Chinese buyers of overseas property, launched in 2011. It provides a portal for overseas real estate marketers to reach Chinese property buyers, which purchased an estimated $50 billion in overseas real estate in 2012. In 2015, the company generated over $14.9 billion dollars in sales leads, primarily in the Vancouver, and Toronto region.
Contents
Compared to competitors, Juwai.com has twice the page rank and seven times the number of pages indexed by the next largest Chinese property portal, Baidu.com. Juwai attracts 1.5 million unique visitors a month and "is usually the first place China’s newly rich begin their [international property] search."
The consumer side of the website is in simplified and traditional Chinese, featuring residential and commercial property listings from 58 countries. The client side, list.juwai.com, is in English, French, German, Italian, Spanish and Portuguese. It allows agents and developers from around the world to load their listings with property details and photos.
The firm has partnerships with listings services, real estate agent networks and portals around the world. These agreements permit agents to automatically list their property on Juwai.com for no extra cost. It partners with multiple listing services and agents like Luxury Property Portfolio. In Australia and New Zealand, it partners with all the four largest real estate networks, including LJ Hooker, Ray White, RE/MAX and Raine and Horne. In the UK, it has a partnership with Zoopla and Harrods Estates. Juwai.com is the only real estate portal to have a content-sharing agreement with China’s luxury shopping portal, VIP.com, which had US$1.7 billion in revenue last year.
Juwai.com has offices in Hong Kong and is headquartered in Shanghai.
Company History
Australian Queenslanders Simon Henry and Andrew Taylor worked at The REA Group before founding and together running Juwai.com. After launch, Juwai.com "quickly become the world’s number one destination for Chinese speakers looking to buy property overseas."
In October 2015, Juwai.com has launched Juwai IQ a new data service that draws on the online habits and custom surveys of its 2.6 million monthly visitors to provide standard and custom data products to such customers as corporations, banks, property developers, governments and academics."
In January 2016, Juwai.com appointed Charles Pittar as CEO. He was previously the company's COO.
Services
Real Estate Industry
Juwai.com provides the following services:
Consumers
Juwai.com includes "extensive Chinese-language editorial content, buying guides, market analysis and estimates of all costs involved with buying any particular property." Besides its 2.4 million property listings, the company claims it also "is the largest source" of Chinese language editorial content about international property investment, with 12,000 news stories, country buying guides, education and emigration articles.
The company also assists Chinese international property investors with its multilingual Chinese Consumer Support Centre, which can answer their questions and connect them with real estate agents and developers overseas.