Rightmove, Primelocation, FindaProperty

Halifax has sold its 13% stake in Rightmove, leaving Connells as the only estate-agency as a major shareholder.  See the full list of Rightmove Shareholders here.

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See our previous post on the subject.  Turns out the DMGT owned Primelocation and Findaproperty will stay as independent sites for the moment, although under the management of Mark Milner agents can expect to see a single price tag to appear on both sites.  This follows in the footsteps of what PropertyFinder and HotProperty are doing, with the ultimate goal of […]

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Competition is heating up in the property search space, with PropertyFinder buying HotProperty for £5.6 million. The acquisition should add another 170,000 listings to PropertyFinder’s database, still a far cry from Rightmove’s coverage.PropertyFinder was bought by News Corporation  and RealEstate.com.au for £14 million in 2005.  In January this year, PropertyFinder appointed a new CEO, former head of […]

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Rightmove has released its new House Price Index for February 2008.  The average residential home price in the UK is now £237,856, up 3.2% in the last month.  Is this the end of the housing recession?  At the same time, the average time on the market has peeked at over 90 days.  The full report is here.

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Leading property portals: Rightmove, Primelocation, FindaProperty & Propertyfinder are all looking to increase their user numbers in 2008. Will anyone be able to challenge Rightmove as the market leader? Seems like nobody is expecting to take the number one spot, however everyone is hoping for an increase in online advertising spent due in […]

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Rightmove has recently redesigned the site. Personally I don’t see much difference. While the look & feel has been slightly improved, functionality is exactly the same. Let me know what you think in your comments.

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Rightmove is the largest UK real-estate portal, listing 800,000 properties for sale and rent throughout England, Scotland and Wales. It features 8 of the 10 largest estate agency groups in the UK. Founded in 2000 by three of UK’s biggest estate agents - Connells, Countrywide, Halifax, Rightmove has better coverage in the regions than in […]

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