The share price of Rightmove dropped some 6% yesterday on the back of an announcement that it was terminating the listings...
Archive
An increase in agents, fees and rising take-up of its extra packages contributed to a 6% annual rise in average revenue...
29 July 2024
From: Breaking News
Rightmove posted a bullish trading update and raised performance expectations for the year ahead on Friday but the markets seemed less...
13 May 2024
From: Breaking News
Analysts have given their backing to Rightmove’s stock market prospects but there are warnings that it can’t “rest on its laurels”...
04 March 2024
From: Breaking News
Rightmove has reported a 7% rise in operating profit despite losing agents last year. The portal’s latest annual report released this morning...
01 March 2024
From: Breaking News
Rightmove is expecting more money from agents this year and is also looking to grab a slice of the mortgage market. A...
28 November 2023
From: Breaking News
OnTheMarket (OTM) has warned of a “challenging backdrop” for agents which may impact the portal’s annual revenue. It comes amid rumours, reported...
19 October 2023
From: Breaking News
Estate agency has changed. No longer is it required to sit in a high street office working the old way. Provide a...
12 September 2023
From: Sponsored Content
The term mixed-tenure development usually refers to residential developments where different residential tenures are provided on the same site. Typically, tenure was...
30 August 2023
From: Sponsored Content
Rightmove’s half-year results were backed by analysts last week and even prompted speculation that it could be on the acquisition trail. Its...
31 July 2023
From: Breaking News
Rightmove has posted its highest half-year revenue growth for five-years, helped by increased agency investment in the portal’s tools. A half-year update...
28 July 2023
From: Breaking News
Rightmove, which recently increased its charges to some agents by a reported 17 per cent, is set to reveal its latest trading...
11 July 2023
From: Breaking News
OnTheMarket has admitted to shareholders that the cancellation of agent contracts has been “higher than expected”. In results from the company issued...
10 July 2023
From: Breaking News
Agents may have been slightly put out by Rightmove reporting a boom in user fees despite a drop in members, but...
06 March 2023
From: Breaking News
Rightmove has reported its second highest year for average revenue per advertiser (ARPA) despite agency branch membership dipping slightly. The portal revealed...
03 March 2023
From: Breaking News
Black mould associated with condensation is becoming an increasing problem for homes in the UK and following the tragic death of...
24 February 2023
From: Sponsored Content
Rightmove’s average revenue per agent has reached record levels as firms continue to spend more on the portal’s services. The property website...
29 July 2022
From: Breaking News
There’s been another large rise in fee earnings for Rightmove this morning, as the portal softens the blow by announcing a...
25 February 2022
From: Breaking News
Analysts are gearing up for the full year figures to be revealed by Rightmove to its shareholders at the end of...
21 February 2022
From: Breaking News
OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...
12 October 2021
From: Breaking News
Rightmove has reported a dramatic bounce back in its fortunes - and it’s making more money from agents even than before...
30 July 2021
From: Breaking News
The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...
20 April 2021
From: Breaking News
Rightmove has revealed its figures for the full year 2020 - down in terms of profit and revenue because of the impact...
26 February 2021
From: Breaking News
An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field...
26 February 2021
From: Breaking News
Recent debate about urgent need for reform and better collaboration within the property industry, has once again come under the spotlight...
04 December 2020
From: Sponsored Content
It’s been an unexpected year for the property market, shaped by the effects of the pandemic. We didn’t quite anticipate the...
27 October 2020
From: Sponsored Content
Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...
17 April 2020
From: Breaking News
Rightmove’s growth rate is at an all-time low, despite what some consider to be an unbeatable lead amongst portals in the...
10 March 2020
From: Breaking News
Rightmove has released another stonking set of results - but there are signs that some agents are defecting from the ever-more-expensive...
28 February 2020
From: Breaking News
We recently asked readers for their questions to the portals - the questions they couldn’t really ask their local reps, but...
09 December 2019
From: Breaking News
A trading statement from OnTheMarket reveals that fewer agents than anticipated have so far converted from free or discounted deals to...
27 September 2019
From: Breaking News
Rightmove’s half year figures this morning continue to show strong growth in profits and revenue - but there are the first...
26 July 2019
From: Breaking News
An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...
20 June 2019
From: Breaking News
Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...
13 June 2019
From: Breaking News
The chairman of franchise giant Hunters says his company’s purchasing power is such that it secures 60 per cent discounts from...
05 April 2019
From: Breaking News
Rightmove has this morning given its 2018 report to shareholders, laying bare the huge financial wealth of the company which dominates...
01 March 2019
From: Breaking News
Phil Spencer is on the warpath against “constant tinkering” by government in housing matters - and instead, he wants the problems...
02 January 2019
From: Breaking News
One of the brokers working with OnTheMarket says the portal will not be profitable until 2021, but predicts that its target...
12 October 2018
From: Breaking News
As if to prove there are two ways to interpret every figure, a new analysis of Rightmove’s recent trading statement suggests...
31 July 2018
From: Breaking News
‘Up’ is the key word in Rightmove’s figures for the first half of 2018, released to the City and to shareholders...
27 July 2018
From: Breaking News
A compliance specialist company is warning that as it believes relatively few estate agents fully understand their anti-money laundering obligations, firms...
05 March 2018
From: Breaking News
Rightmove has reported another very large leap in revenue in 2017 and a modest rise in agency and new home customers...
23 February 2018
From: Breaking News
It’s one of the biggest days of the year for fund-raising in the UK, and we know many across our industry...
17 November 2017
From: Breaking News
A City analyst has fuelled speculation that Rightmove has a goal to increase its monthly average revenue from each agency from...
31 July 2017
From: Breaking News
A conveyancing expert is calling for sellers to complete and return their property information questionnaire to their conveyancer before there have...
25 May 2017
From: Breaking News
City investment consultancy Jefferies has suggested that Rightmove ‘may go easy’ on increasing its charges to agent customers, because of the...
31 March 2017
From: Breaking News
Annoying isn’t it. You take on a stunning property, agree a compelling asking price and your Vendor is desperate to get the...
02 February 2017
From: Sponsored Content
One of the country’s most outspoken critics of estate and letting agents is quitting his role as chief executive of Shelter...
06 October 2016
From: Breaking News
Zoopla Property Group is reporting record figures to the City and claims it has seen “continuous agency growth since May” as...