Some 2,500 estate agency branches have expressed an interest in a new portal, Homesearch, launching next month. Although the Homesearch website lists the branches as having “joined” the new portal, a statement from the two founders refers to the branches as having “signed up to register their interest and follow… Read More »Rightmove on the ropes? 2,500 branches interested in new portal
The key figure behind the Say No To Rightmove campaign says the fight for more realistic fees goes on – and agents are still joining the campaign hour by hour. The portal caved in to pressure from agents a week ago and agreed a short-term 75 per cent fees reduction to… Read More »Say No To Rightmove – the fight goes on says campaign leader
Rightmove has this morning told its shareholders it is “taking appropriate measures” to shore up the company. It gives no indication of what those measures are but it says in a trading statement released at 7am today: “In this period of unprecedented uncertainty, we are unable to quantify the impact of… Read More »Rightmove “taking appropriate measures” to shore up company
Over 600 agents have now signed up to the Say No To Rightmove campaign including some of the biggest names on the High Street. Fine & Country, Hunters, Northwood and Belvoir are amongst the company names cited on the Say No To Rightmove website as being signatories: however, the website… Read More »Over 600 agents Say No To Rightmove – but will they stick by it?
The three leading portals have rejected an appeal to give the industry a payment holiday to help firms through the Coronavirus crisis. Estate Agent Today was approached yesterday morning by three independent agents exasperated about the prospect of sharply reduced revenue as a result of Coronavirus, which may well stretch… Read More »Portals Say No! They reject agents’ plea for virus payment holiday
Rightmove’s growth rate is at an all-time low, despite what some consider to be an unbeatable lead amongst portals in the UK. That’s the view of Mike DelPrete, former head of strategy at a New Zealand portal and a long-standing analyst of estate agencies in the UK and the US. In a… Read More »Rightmove growth at all-time low, despite its market dominance
