Real Estate Listing Services

Posted by Encora on May 19, 2023 9:31:42 AM
Encora’s approach drove significant improvements across the client’s eCommerce KPI dashboard.

Topics: HiTech, Product Engineering & Development, Digital Experience, Cloud Services, AWS, DevSecOps, Data & Analytics

Industry Context

The US Real Estate industry has long relied on home listings provided through multiple listing services (MLS). Over the last 10+ years, a competitive digital MLS market has evolved, with providers introducing enhanced data services designed to improve buyer and broker experiences. Competition among MLS providers has led to the augmentation of home listing information, including property history, public school rankings, points of interest, neighborhood profiles, market statistics, and future home value projections. These data services, combined with digital experience, elevate consumer expectations and heighten competition within the Real Estate market. 

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Client Challenge

Movoto is an online real estate agency that makes real estate simple. Over time, the volume of property-related data proliferated, and Movoto recognized the need to streamline its core data assets. The strategic initiative had two primary objectives: to quickly distill analytical insights for management and improve the digital experience for home-buyers and brokers. 

movoto-challenge

Approach

  • Cloud Services - Encora unburdened the existing hardware and ensured there is always adequate bandwidth for high amounts of data to be transmitted and shared in real-time
  • Product Engineering & Development - Encora re-architected and developed the functionality for the company's core real estate portal
  • DevOps & Continuous Engineering, we translated the innovation roadmap into new core capabilities required to bring the information strategy to life
  • Data Modernization & Engineering - we developed deep learning algorithms to personalize users' search results and improve conversion  
  • Digital Experience - Encora designed a new website that makes more strategic use of the company's data assets and delivers an enhanced digital experience
movoto-approach

Why AWS?

  • AWS is the most popular cloud platform with significantly more managed features in comparison to other options
  • AWS provides infrastructure-related services such as computing, storage, networking, security, Data Analytics, and Machine Learning capabilities ▪ The team had experience building data lakes on AWS, and it was the optimal choice for Movoto's data-heavy platform
  • AWS delivers top-tier provisions for high availability, automated scalability, enhanced security, multi-region redundancy, serverless architecture and services, and high-level data storage, among others
AWS Solution 02

AWS Solution

Both websites (www.movoto.com and www.ojohome.com) run on AWS completely. The team uses most AWS native and managed services for development and DevOps activities. In brief:

  • Data Engineering & Data Science: Redis, RDS, EMR, Glue, Athena, EKS, Redshift, and Sagemaker 
  • Services: ECS, Docker, Elastic BeanStalk, CloudWatch, Lambda, Open Search, Elastic Cache, SQS, SNS, and SES 
  • DevOps: Code Deploy, EC2, EC2 Spot instances, Auto Scaling, EBS, S3, AIM, K8, CloudWatch, Docker, X-Ray, Cognito, AIM, and Secrets
  • Networking: Route53, VPC, Subnets, CIDR blocks, Security, CDN, Route53, VPN, and ELB 

Encora's engineers independently manage and deploy all applications on AWS.
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Results

  • Superior customer experience
  • Steady stream of real-time data
  • Management of decision-making capabilities using real-time data +50 % increase in website traffic
  • Reduced vulnerability to attacks
  • Improved time-to-market due to less overhead related to build and deployment
movoto-results
movoto case study graph 2 conversion rate

Conversion Rate

movoto case graph 1 site traffic

Site Traffic