Rightmove
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Marketing
Rightmove revenue up 9% as agent spending rises
CEO Johan Svanstrom reports portal's income has risen as estate agents spend more on package upgrades and add-on products.
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Housing Market
Fall throughs ‘cost agents nearly £400 million’
Collapsing property chains led to agents in England losing £392 million in fees last year, according to Rightmove.
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Marketing
Rightmove set to drop out of FTSE 100
The portal could fall out of the top 100 of UK firms listed on the London Stock Exchange next week, as its share price continues to sink.
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Marketing
“They will be studied like Blockbuster Video” – agents predict Rightmove demise
Independent agents would like to see the portal's dominance and hold over the market wane, as its share price plunges.
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Marketing
Rightmove shares hit five-year low amid anger over fee hikes
The portal's share price reached a high last year before nosediving after it revealed it planned to spend £60 million on AI development.
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Marketing
Rightmove makes NatWest exclusive mortgage partner
The portal signs a deal with the banking giant that means homebuyers will be able to apply for a home loan and receive an instant decision.
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Marketing
Under-fire Rightmove sees share price fall further
The portal is being warned its latest fee hikes could put some independent agents out of business.
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Marketing
‘We are at risk of going out of business because of Rightmove’, agent tells The Neg
Independent agents are warning Rightmove and its CEO Johan Svanstrom that fee hikes are driving them to the brink of going bust.
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Housing Market
Asking prices rise fastest in less desirable areas – new data
Colleen Babcock at Rightmove says the cheapest locations, especially in the North and Scotland, are seeing the largest increases in property asking prices.
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Marketing
Millions who browse portals have no intention of moving – survey says
In a Direct Line poll, users admit to being “addicted” to property portals, with many “binge-browsing” listings for “no good reason.”
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