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Today's Headlines:
House prices fall or rise (take your pick)
4 comments
House prices went up slightly – by 0.4% – in July, the Land Registry has reported. It
Knight Frank stay quiet after conman is jailed
9 comments
A tenant who faked his identity when renting through Knight Frank has been jailed for three
Rich overseas buyers keep prime London market aloft
0 comments
Chinese buyers are expected to replace Russian investors as major players in the prime central London
Moving occasion: today's the day!
0 comments
The most popular moving date is today, September 1, the Post Office has revealed. The two next
Prospective first-time buyers sink to new low
0 comments
The proportion of buyers expecting to buy for the first time in the next 12 months
Housing market 'edging towards double dip' claim
2 comments
Net lending plummeted in July to the second lowest monthly figure since records began in 1993,
Henry Pryor Blog
0 comments
Welcome to a new monthly blog by Henry Pryor, estate agent turned entrepreneur, inventor and expert
Rightmove profits climb 39% as more agents sign up
14 comments
A rise in the number of agents and an overall willingness to pay more to Rightmove
Portal creates new 'check out your competition' stats
1 comments
Property portal Home has created some new statistic pages on its site which we reckon will
Six in ten mortgages are now for house purchase
2 comments
The proportion of mortgages being taken out for purchases, as opposed to remortgages, is at its
News Story
Globrix chief says pay-to-list portals have had their day
Monday 13th October 2008With mounting market pressure on all the portals, and the National Association of Estate Agents’ PropertyLive due to be unveiled tomorrow, free website Globrix has upped the attack.
Daniel Lee, chief executive of Globrix, spoke out after last Friday’s update on the Estate Agent Today survey which showed that 75% of agents have signalled their intention to quit Rightmove.
Lee said: “Agents have clearly had enough of Rightmove calling the shots, and now that there is a viable alternative in Globrix, they are moving towards it en masse.
“This survey shows that in just nine months Globrix has made a huge impression on the property portal market. Agents are clearly fed up with paying to simply list on a website and are looking for better value from their online marketing spend.
“The survey also shows that simply being free to list is not enough – you need to have a solid technology and a marketing plan to give a serious alternative to the legacy portals. We have seen in the USA that pay-to-list portals are slowly being usurped by free-to-list models and it is clear that the UK will soon follow suit.
“Globrix will soon release its statistics package, giving agents access to market statistics from the largest property search database in the UK and thereby giving them an alternative to RightmovePlus for a fraction of the cost.”
While it is far from clear whether agents really will carry out their threat to leave Rightmove, or whether they are bluffing, Globrix has certainly picked up speed quickly.
“We launched only in January and are the fastest growing website ever,” said Lee. He said Globrix now lists 960,000 properties from 5,500 agents, and while it offers free listings, it has 600 agents paying to promote their properties. Globrix takes its properties directly from agents’ sites and Lee said that only one had blocked this.
But he claimed that about 200 agents whose sites are hosted by FindaProperty and Rightmove are not able to have their properties automatically uploaded to Globrix. He said he found it hard to believe that his competitors would wish to stop their own clients from having a free listing on Globrix.
Lee also said Globrix, which is backed by News International, had taken four people two years to develop and that it had seen £2m worth of marketing spend.
Send to a Friend Today's other headlinesView Comments 19 comments
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Posted By HomeHunter on Tuesday 17th March 2009 19:31:17
 Get Profile | Every estate agent I speak to are fed up with high internet costs. But, portals have to make money, they are businesses. It's the amount of money they make is the issue.
Take a look at www.hunt4ahome.co.uk it was designed by an estate agent who was fed up with high costs. 25+VAT GBP per month, per office - forever. Written into a contract, will never change - EVER. It generates enough for advertising costs (it's not free) and it's got all the features as the other sites. Even number of clicks graphed, integration with google maps, sun rise/set predictor, everything. Just need more agents to know about it and sign up. |
Posted By John on Monday 1st December 2008 12:39:50
Get Profile | Ridiculous Ridiculous
List for free get no visits or leads. NO ONE LOOKS AT THESE SITES WE PAY FOR A REASON FOR ENQUIRIES. THERE IS NO SUCH THING AS A FREE LUNCH SO STOP LOOKING FOR IT. LETS LOOK AT RETURN ON INVESTMENT NOT FREEBIES |
Posted By AutoAcumen on Friday 7th November 2008 01:20:21
Get Profile | With Trinity Mirror, Guardian , News International all going free to list what dose that tell you about where the market is going ............ any agent paying to list their properties needs help!Take your properties off the pay to list portals and where will they be ! |
Posted By homeflow.co.uk on Thursday 6th November 2008 02:45:52
Get Profile | Agents unable to get their data into Globrix... another free solution which can get your properties in... www.homeflow.co.uk (Feeds to Globrix and Property Live included for free. You can have a free website / back office system, or simply use the feed system). |
Posted By Agency Quoter on Wednesday 15th October 2008 06:04:02
Get Profile | Following from the article; to paraphrase Dan Lee in the panel discussion today at Agency Expo - 'estate agents should take these type of quoted figures with a pinch of salt...' Brilliant! As for the fastest growing website ever... |
Posted By Gold Crown Property Services on Tuesday 14th October 2008 09:50:34
Get Profile | We would like to join your portal, can you please direct me as to what we need to do
Tanisha |
Posted By Jo P on Tuesday 14th October 2008 04:25:55
Get Profile | If Rightmove are working for you then stay put and pay up. If not then change as you would with any other part of business. But take heed Glowbrix are not a charity and need to make their money somehow!!! |
Posted By Lee Bramzell on Monday 13th October 2008 12:41:53
Get Profile | PropertyIndex.com is a pay for results property portal established by a privately funded group of internet entrepreneurs with a proven track record of success. Over 900 overseas agents have been using the service for a year, and we now have over 2000 UK estate agents signed up. We charge £1 for buyer leads, and £5 for vendor leads. If the lead proves uncontactable, you can dispute it and not pay. No monthly subscription, no minimum term contracts. Even our premium positions are available on a CPC basis rather than tenancy. Our extensive research into the market has proved that this is the fairest and most sustainable business model (you don't have to look any further than Google to substantiate this fact). |
Posted By Max Price on Monday 13th October 2008 11:42:38
Get Profile | Globrix is frying pan to fire, in my opinion. Try getting them to confirm that the site will remain free of listing, "click through" or pay per lead charges. They won't - even if you ask them for a 6 month guarantee. They'll go to pay per click/lead as soon as they've sufficiently damaged Rightmove. |
Posted By sa on Monday 13th October 2008 11:32:38
Get Profile | rightmove need to copy this and pay for the site with advertising whilst removing the cost from the agents, rightmove cannot survive without properties |
Posted By anon on Monday 13th October 2008 11:12:55
Get Profile | everyone dumps Rightmove which should be a no brainer and then Globrix start charging and we are back to square one. I would rather have a paper taking my money than another agent but until all agents do a site run by and for agents whereby any profits go to charity then we will keep getting herded around. the NAEA site isnt the answer either. we have just left them as they are full of middle aged estate agents doing car treasure hunts and dont actually help anyone coming into or already in the business. |
Posted By brightmove.co.uk on Monday 13th October 2008 11:08:21
Get Profile | In the end - it is Joe Public who will decide which is the best Internet Property web site or sites to use. There are far too many web sites claiming to be better than anyone else. To date, Rightmove have the absolute monopoly - they know it hence their dictatorial attitude. |
Posted By gill coleman on Monday 13th October 2008 11:02:19
Get Profile | its about time portals pay as you go are scrapped
portals should use space for advertising revenue instead |
Posted By Trevor Loo on Monday 13th October 2008 10:53:27
Get Profile | Why don't we all list on truly free portals like Nestoria and PropertyFoyer.com? This will keep globrix and naea honest. |
Posted By John S on Monday 13th October 2008 10:45:27
Get Profile | What about totally free sites like Nestoria and PropertyFoyer.com? Why don't we all use them as well? It will keep globrix and naea honest. |
Posted By Terry Canavan on Monday 13th October 2008 04:21:38
Get Profile | A message to anon and to Max Price. why not telephone me at globrix and ask me to confirm if we are going to charge for listings/ |
Posted By thebu2iness.com on Monday 13th October 2008 02:15:05
Get Profile | To the 200 agents who have their sites hosted by Rightmove or FAP who cannot get their properties onto Globrix as a result - there is a free solution to this. Activate your own new website at www.thebu2iness.com which will give you your own website, and will upload to any of the main portals you want it to, inc Rightmove, FAP, Globrix and PropertyLive, all completely free. To see an example of an agent using this free service see www.regentstreethomes.co.uk |
Posted By Tim Parker on Monday 13th October 2008 01:11:27
Get Profile | We have bitten the bullet and resigned from Rightmove already..we need buyers not instructions, and as they are not forthcoming why waste £hundreds each month . |
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