SMF - Just Installed!

How are rightmove doing in this climate? Not well.

Started by propertyfag, November 14, 2008, 04:44:15 PM

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propertyfag

It was inevitable that the UK's biggest property portal was going to be hit by the current dry climate.

Rightmove have confirmed that they are losing about 300 estate agents each month as they struggled to survive the property downturn. OUCH!

The troubles in the housebuilding and estate agency sectors left the site's total base of advertisers 9% down on last October, at 17,500. Rightmove said the number of estate agents leaving the website had begun to slow from a peak in July, standing at 250 to 300 a month between August and October. OUCH (again).

Here's an idea....drop your prices!

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Badger

Um,
I have a couple of chaps that i talk to who are private EAs, they have told me that although things are a little to very slow at the moment they are still getting business of the street.  One also said to me which almost made me twat the guy, was, its just as well i made a packet over the last ten years, lol.