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Rightmove: Properties
built 266 days ago
Is it really any surprise that Rightmove are lagging behind so far in embracing the new technology that others are bringing to the property search space? Just look on their site at their list of directors. Not one of them comes from a web/technology background, they are all old-world types. Rightmove will be gone within the next 5 years IMO.
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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 London. Unfortunately it does not allow for-sale-by-owner listings, unlike many other sites.
Rightmove ... expects revenues of about GBP 56.7 million for the year 2007. The company said it continued strong sales growth during the year, with around 90% of all British estate agents and all 20 of the largest new homes developers subscribing to list their properties on the Rightmove website. Advertisers' retention rate was 92%, compared to 93% last year.
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Rightmove.co.uk has set the benchmark for other property web sites with the receipt of its ABCe certification. The UK's leading property web site is the first in its field to achieve ABCe certification joining brands such as Virgin.Net, Yahoo! and Liverpool FC on the ABCe database.
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Rightmove was launched in 2001 and now sees, on average, more than 12 million visits every month. This makes it the 9th largest web site of any kind in the UK. At any one time it will contain around 673,000 properties with a total value in excess of £136 million. 60% of all British estate agents are partners in www.rightmove.co.uk, and if the four largest property portals in the UK are taken together, Rightmove has 78% of the total market.
Rightmove.co.uk is the UK’s number one property website, displaying details of homes for sale or rent in the UK and overseas to the largest online audience. It has around 80% of all properties for sale and at any time displays a stock of over 1,000,000 properties to buy or rent, worth around £170 billion. The Rightmove.co.uk site receives over 25 million visits every month and is regularly ranked in the Top Ten most viewed UK websites (source: Hitwise).
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