OntheMarket will fizzle out before its first birthday because unlike Zoopla and RightMove it serves the middlemen, not home buyers and sellers July 29, 2015 Years ago, estate agents used to sell properties via traditional marketing campaigns, from listings in a shop window to double page adverts in the local newspaper. Times have certainly changed and these days nearly all property buyers head to Zoopla or Rightmove to find their next property. This week marks the six-month birthday for [...]
UK house prices: Rightmove share price jumps as it absorbs business from rivals July 29, 2015 It seems the launch of an estate agent-run portal which forces agents to choose between Rightmove and Zoopla has done no harm to the former, after it reported a 16 per cent rise in revenues during the first half of the year. The figures The housing boom continues to benefit Rightmove: revenues rose to £93.1m in [...]
Rightmove moves to add school Ofsted ratings and catchment areas to all property listings May 19, 2015 Nine in ten parents in London say they consider the quality of local state schools when deciding where to move, according to a new survey from property website Rightmove. Eighty-four per cent of parents surveyed told Rightmove they would consider moving to be near a good school. More than a third of Londoners without [...]
General Election 2015: David Cameron, Ed Miliband and Nick Clegg on how they’re going to solve the housing crisis (and which is their favourite room) April 23, 2015 House prices are too high and there aren't enough homes on the market, a new – not altogether surprising – study has suggested. But with an election just days away, property search giant Rightmove, which conducted the research, decided to take it to the leaders of each party to see what they're going to do [...]
Slowdown at top and bottom of market hits London house prices March 16, 2015 London property prices fell from February to March, figures released today show. New seller asking prices dropped by 0.4 per cent according to online property market Rightmove. It is the first time in three years that prices have retreated in March. High-end property values saw their asking prices trimmed by 2.6 per cent. Demand [...]
Estate agent wars: OnTheMarket hits one million mark for unique users three weeks after launch February 18, 2015 Newly launched online property portal OnTheMarket.com said it had its one millionth unique user this weekend, as it continues it battle against the "unfair duopoly" held over the online market by Rightmove and Zoopla. OnTheMarket.com, set up by Agents' Mutual, is backed by estate agents such as Savills and Knight Frank. The rule banning agents from listing properties [...]
UK house prices: Is the government’s pension reform about to put strain on the property market? February 16, 2015 Britain is in the grip of a property shortage, and it could be about to get worse. New legislation means that from April many pensioners will be able to cash-in their pension pots, with many expected to invest in the buy to let market. The market seems ill-prepared for such interest. Data from Rightmove, the [...]
UK house prices: Housing shortage means property costs grow at fastest rate in 10 months February 16, 2015 Has a bombshell has landed in the housing market this morning? Britain’s chronic shortage of homes is the main driver behind the average asking price for a property surging by £5,729, or 2.1 per cent, this month, after what had looked to be a tempering market. The 2.1 per cent rise in February is up [...]
OnTheMarket will need to win the Google battle before it can really challenge Zoopla and Rightmove January 28, 2015 OnTheMarket.com, the new property website from the Agents’ Mutual group of estate agents, launched with much fanfare this week with an apparent threat to the “duopoly” enjoyed by Rightmove and Zoopla. Zoopla, as the less well-visited of the two property portal giants, seemed in particular danger as one of the requirements of OnTheMarket.com meant [...]
OnTheMarket vs Zoopla and Rightmove: We need a buyer-friendly housing market – Bottom Line January 26, 2015 It’s easy to sympathise with the fears of estate agents concerned with a property market increasingly cornered by the duopoly of Rightmove and Zoopla. But OnTheMarket seems to have missed the point of why these sites have become popular – ie. by serving the needs of buyers and sellers. OnTheMarket’s troublesome rule that bans its [...]