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Interview: Christopher May of new global property portal Residential People

The Negotiator tracks down the portal's co-founder to find out how it's going to become the world's 'Rightmove'.

Sheila Manchester

property portal

Residential People, now live in five countries – with major agents on board including Lambert Smith Hampton, Belvoir, Avison Young, Redgrave and 99 Homes – may be on to something really good.

If your local area of business is feeling a little crowded – and competition from online agents is growing what can you do? Well, one ‘new’ way is emerging, as a young global property portal settles in to the UK market.

Residential People provides estate agents with a new source of buyer leads by opening doors to foreign investment, attracting a slew of international eyes on listings. The free to list portal plans to disrupt the status quo and support agents with its free to list solution, currently operating across the UK, South Africa, UAE, India and Nigeria.

property portal

“We are targeting emerging and established markets,” says Christopher May, Commercial People Co-Director (pictured, left).

“Alongside the UK, we are currently operating across South Africa, the UAE and India. Despite our brand infancy, we are well on the way to being one of the biggest portals in the UAE in terms of listings and on the way to becoming one of the largest in India as well.”

“Our USP is simple. Every agent we’ve spoken to is concerned about the rising costs of property portals; Residential People is a free to list global property portal that helps to eliminate some of the expenses agencies face,” he says.

Property portal

Figures produced by The Association of Foreign Investors in Real Estate, show that London is the number one ranking city in the world for capital appreciation and despite the uncertainty over Brexit, investment in the capital and the UK at large remains strong.

“With the global reach of Residential People, any UK estate agent can tap into the growing foreign investment across the UK, gaining more exposure on their listings free of charge. not only from potential customers in the UK but also from successful expats across the UAE and beyond and we have even registered now in China.”

May added, “We also want to make it abundantly clear that our aim is to work with agents and build an alternative to some of the portals that exist today. With agents’ support, we are hoping to disrupt the status quo and give agents an alternative to the current monopoly.”

www.residentialpeople.com

May 31, 2019

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