Estate Agent Today
- Home
- Latest 30 News Stories
- EAT TV
- News Archive
- Home Move Box (Free)
- Video Photos
- Who's who in the industry
- Promotion of the Month
- Agent of The Week
-
- Auctions
- Best for Bridging Loans
- Board Manufacturers
- Conveyancing
- Display and Refurbishments
- Energy Performance
- Floor Plans
- Franchising
- HIP providers
- Inventories
- Lettings & Management
- Marketing & Design
- Print and Design
- Overseas Property
- Property Investment Finance
- Property Portals
- Recruitment
- Residential Database
- Software & Technology
- Training
- Web design
- Latest Job Vacancies
- Post Job
- iWant Shop
- Estate Agents For Sale
- On a Lighter Note
- EAT Professional Network
- View MyEAT Groups
- 60 Second Interview
- Send website to friend
- Spotlight Feature
- Site Search
- Chat
- Poll
- EAT TV Archive
- Our Clients
- Publishers Blog
- RAT of the Week
- Failed Instructions
- The £10 Pricing Technique
- Preparing for a Downvaluation
- The Power of NO!
- How to Harness Gratitude
- How to be Attractive
- The Maths of Estate Agency
- Meaning to Your Brand
- Gain the Instruction
- How to Generate Referrals
- Charisma to Gain Instructions
- How Dutch estate agents double their revenue
- Why Buyers are Not Liars!
- How to Handle with Overpriced Property
- Market v Market Share
- Managing Local Relationships in Estate Agency
- Outrageous Service
- How to pluck instructions from the street
- The Case for Shorter Sole Agency
- Multiple Agency - Avoid or Embrace?
- The case for accompanied viewings
- Become an Instruction magnet this September
- How to Address the Tesco Private Seller Issue
- Use the children for profit!
- The Online Agent
- Trebor South's Portal View
- Peter Bolton-King Blog
- Brian Murphy Blog
We have 60 guests online
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
Rightmove sends record daily leads to agents
Friday 9th January 2009A new daily record has been set by Rightmove this week, with more leads than ever sent to agents.
The portal claims that leads more than doubled on Monday – the first full working day this January – compared with the same day last year, showing that inquiry interest in the property market has leapt two-fold.
The new daily record for the website meant that nearly 44,500 leads were sent to agents on Monday, compared with 20,092 on the same day in 2008.
Miles Shipside, commercial director of Rightmove, said: “Our statistics show that inquiries about properties are flooding to estate agents at record levels. Sellers in distress are having to be more open to offers and prospective buyers who have been holding off for a few months are now busy inquiring about possible bargain purchases.”
He also suggested that prospective buyers are circling at the bottom of the market and that these are the ones inquiring in record numbers.
Send to a Friend Today's other headlinesView Comments 28 comments
Report Abuse
Posted By Ric on Saturday 10th January 2009 10:47:20
 Get Profile | Brightmove - What decent business does not want business and will be positive to obtain it? How dare they be positive to win business, They have clearly got it wrong! they should be reporting the market is on its knees and the world is ending, coupled with subscribe to us and get no hits!...Everyone has a choice to make, yet no one seems to be making them! stay on, come off or swap to brightmove????????????? |
Posted By Brightmove on Friday 9th January 2009 20:57:14
Get Profile | Rightmove wants your business and wants you to believe that they are the bees knees and if you don't belong then you are not going to survive in business. |
Posted By Jim on Friday 9th January 2009 18:47:56
Get Profile | CB, to answer your question...NONE! Not one single buyer who can get a mortgage and wants to buy will be put off by any media speculation whatsoever. They see the house they want and they buy it. Thats why all the agents looking at this are still open. If all you get are wasters making excuses, that aint gonna change whatever you might read. They will always be wasters. A good agent will chuck them in the bin and deal with real buyers. Wake up! |
Posted By CB on Friday 9th January 2009 16:58:35
Get Profile | Could some of the doom and gloom that's being banded around the media be coming from agents by any chance? When are people going to realise that there are a great number of purchasers who CAN get a mortgage and WANT to buy a house but are being talked out of doing so. Yes the economy has got a lot to answer for but if you are an estate agent don't be negative about Rightmove trying to talk things up. If houses are priced at the right level and not 'bought' on like many agents still seem to be doing then you can sell them! Whenever I read these articles I can't help feeling that the animosity towards Rightmove is coming from the agents that have lived off the business that has fallen on their laps over the last few years. Here's an idea, stop moaning and start being positive! |
Posted By Ric on Friday 9th January 2009 15:59:58
Get Profile | 50 mile radius and wont sell before they have found! Rik ''How many of these do you get''? Surely just to throw random remarks against RM is stirring up the ill feeling!!!!! or maybe geographically the UK has a hugely different storey to tell about RM, we honestly get ok leads, YES with useless ones too, but 50 miles!!!!! come on!!!!!....I am happy to support the figures quoted can be a bit misleading in terms of quality -v- quantity! but how many people get requests with a 50 mile radius! there has to be a balance......! |
Posted By rik on Friday 9th January 2009 15:41:58
Get Profile | If you want applicants from 100 miles away who are looking in a 50 mile triangle and not going on the market until they've found,,,keep with rightmove...sound familiar |
Posted By Keith on Friday 9th January 2009 14:46:30
Get Profile | I myself prefer a nice easy to use site called www.Net-Lettings.co.uk - It targets London only (sorry about those not looking in the smoke). Basically it drives website traffic to your site and also provides general email enquiries. This comes out at a far reduced cost per lead/click than the likes of Rightmove and Primelocation. I have worked out that website traffic costs somewhere around 0.13p per qualified click. They also sent over 50 emails leads in that month which I consider to be a bonus given the cost they can provide a click for. This niche market website is a blinder and has been consistently improving. It is well worth looking around for some of the local portals, you don’t have to be dazzled by the leggy reps and TV advertising – there is plenty of other life out there. |
Posted By Brains on Friday 9th January 2009 14:08:06
Get Profile | Get the best of both worlds - let and help Rightmove spin themselves off and help boost the market confidence, and then don't renew your fees like everyone keeps saying they are going to. (:-) |
Posted By oscar84 on Friday 9th January 2009 13:32:48
Get Profile | RM seem to think we are all totally gullible. They have changed the presentation of their website during 2008. Before a lead usually related to a specific property. Now potential "buyers" can easily send a lead to any agent whose properties appear in their search result whether or not the property is what they are looking for. Therefore now the leads are a lot more general and often not relevant to the stock we hold. However, RM leads stats rocket. I look at the performance stats they produce and the number of details printed in 2008 was down 60% on 2007 with roughly the same number or properties. RM, please don't treat me like an idiot. |
Posted By KF on Friday 9th January 2009 11:58:01
Get Profile | Yes, Rightmove are relatively expensive, but they are subject to market forces, like any other business in a competitive environmment. If there are competitors catching them up, they may well look at there pricing policy, but at the moment, they are the best and most effective Portal, by far. If you can't accept their terms, why do you stay with them? I agree with those who welcome these statistics as the good news, we are waiting for. How much value will there be in promoting this to the public, to counter the pessimist 'experts' who are predicting a further 15% drop in prices this year! |
Posted By Ric on Friday 9th January 2009 11:22:33
Get Profile | (stop whinging) Sense at last! we hate the media for the spin they put on the market and the gloom they report!..... yet when a source who are potentially very influencial talk the market up! (which lets be fair is what we should be doing!) we say no way that cant be true!....... Could it be just as ''Could it be'' posted if your stock is wrongly priced it is your fault you dont get the leads! The Estate Agents complaining of no leads take your best or worst house for that matter and half its price and ask yourself would you get a lead via rightmove on it!! obviously I hear, 50% is too cheap, your bound to get a lead. Thus proving the simple fact that it is your pricing which will help your leads! to just keep whinging at RM will not sell houses and it is not their fault if your prices are wrong! |
Posted By could it be on Friday 9th January 2009 11:08:02
Get Profile | Could it be the ones who are complaining on here about a lack of interest and leads on their properties have over priced stock or very little! I doubt it, it must be rightmoves fault they are not selling houses! get your prices right and start talking the talk, a transfer of enthusiasm is a wonderful thing in sales! |
Posted By Andrew Ryan on Friday 9th January 2009 10:55:41
Get Profile | Maybe Rightmove should concentrate on looking at the clarity of the lead passed across rather than the numbers they are boasting of!! |
Posted By Stop whinging! on Friday 9th January 2009 10:55:15
Get Profile | I work in the industry and speak to agents every day. All I have heard for the last few months is general slagging off of the media for its cries of doom and gloom and how they have made things so much worse. Then here we have RM, who I know we all dislike, actually saying something positive and all you can do is say they must be lying about their figures! What about them saying that there are buyers out there? That they are getting more enquiries right now? Stop whinging kids and take advantage of the New Year = new start enthusiasm. Joe public are a fickle creature and it may not last long so run with it. |
Posted By Peter on Friday 9th January 2009 10:53:44
Get Profile | Robbo - " first full working day this January – compared with the same day last year"
doesn't take a genius to realise they are talking about the 'first full working day in January'. Interesting piece though. |
Posted By Rebel on Friday 9th January 2009 10:52:01
Get Profile | More guff from Mr Shippy. So…this means RM’s average lead cost has dropped from £4.59 to £2.29? What a rip off. He fails to tell us that most sales leads are time wasters wanting more details, when all available details are already on RM. Thirty percent of tenant phone leads ask us ‘der yer tek DSS?’ when we clearly state that we do not. I think Shippy gets himself off by antagonising agents. |
Posted By Trumpton on Friday 9th January 2009 10:45:29
Get Profile | There was a problem with our upload to rightmove during the Christmas break, which meant weekly rental prices were quoted as monthly. We received over 300 emails when we got back to work. I bet Rightmove included these as genuine leads. |
Posted By B. Miranda on Friday 9th January 2009 10:41:00
Get Profile | As if anyone believes in statistics! Please refer to "How to Lie With Statistics" written by Darrell Huff in 1954. The Best Seller of Statistics which is widely used by scientists. For example, it shows how graphs can be used to distort reality! A better use of Right Move's money will be to give lower rates to small independent Agents. |
Posted By Ric on Friday 9th January 2009 10:29:18
Get Profile | Dorsetdc - It has been on a couple of times! money not well spent however, alittle cheesy and not that good, although took a couple of prime time advert spots! |
Posted By Dorsetdc on Friday 9th January 2009 10:24:56
Get Profile | All we ever get from Rightmove leads are requests for further details. I am at a loss as to why any applicant wants a printed copy of what they can see and print off on their own computer. And what has happened to their big New Years advertising campaign. Has anyone seen it? |
Posted By Ric on Friday 9th January 2009 10:24:25
Get Profile | I am not saying the total boast is true and I am not boasting about ourselves but credit where credit is due! I have been flooded with viewing requests, mortgage advice requests and letting requests this week from rightmove! and one of the viewings has resulted in an sale agreed. I dont even promote rightmove I only plug my own website so they only see my properties, however they are the only portal who have fed me viewings this week!!!! |
Posted By robbo on Friday 9th January 2009 10:20:44
Get Profile | The "same day last year" was Friday 5th Jan! - everyone was still on holiday so, a) they're not comparing like for like, and b) rightmove didn't blow their yearly advertising budget between boxing day and new year with the tv advert! If I advertised my agency massively over this period, I would be extremely cheesed off if I only doubled the no. of enquiries. In fact, upon reflection, the rightmove stat. is rather concerning - their enquireis should have quadroupled due to the advertising - ignoring any market factors. |
Posted By Andrew on Friday 9th January 2009 10:19:14
Get Profile | I can believe the stats - we have seen an incredible upturn in enquiries from Rightmove this week - our largest number in a week for many months. However - how many of these 44,000 were for lettings compared to residential sales? |
Posted By J P on Friday 9th January 2009 10:12:46
Get Profile | I'm not a fan of rightmove either, but if these figures get quoted in the press, it can only be a good thing for agents. |
Posted By Vossy on Friday 9th January 2009 10:09:33
Get Profile | Once again a quote from Rightmove - Praise be to them the almighty!! Rightmove do NOT have a monopoly on statistics. How about quoting from someone else? What Rightmove`s stats do not show is how many of these supposed "leads" were from serious buyers or just thoise looking at the market but who have no intention, or ability, to purchase property i.e. not fee earning enquiries. Have you seen the Rightmove acverts?...what a joke! |
Posted By Ted Robinson on Friday 9th January 2009 10:06:55
Get Profile | WHAT A LOAD OF RUBBISH!!
Rightmove are just as bad at "spin" as MP's. Now that James Caan with his almighty wealth is backing look4aproperty.com they must be running scared, and about time too!!! |
Posted By Jim on Friday 9th January 2009 10:03:26
Get Profile | Miles Slipshod said "Our statitisics show blah blah blah blah blah..." Rightmove seems to have aquired the 'LOTTO' factor. Its costing you money, you get nothing out of it, yet, to scared to pull out just in case. |
Post Comments
Please login to post comments:Post Comments without login
DISCLAIMER: The views contained in these user comments are not endorsed by Estate Agent Today (nor its associates and advertisers) in any way and are provided by users who wish to publish their independent opinions on our news. Whilst every effort is made to moderate these comments, due to the instant nature of the posting not all offensive material can be removed instantly. Please help us keep the comments areas tidy by reporting details of any infringements to team@estateagenttoday.co.uk
Related News Stories:
Rightmove profits climb 39% as more agents sign upFriday 27th August 2010
Portal creates new 'check out your competition' stats
Friday 27th August 2010
Zoopla throws down TV advert challenge to Rightmove
Wednesday 25th August 2010
Private landlord service listing on Rightmove "an issue"
Friday 20th August 2010
Digital appoints new technology chief
Monday 16th August 2010
Most Read News Stories:
Three quarters of agents threaten to quit RightmoveFriday 10th October 2008
EPCs on all properties for sale: VERY LATEST UPDATE
Monday 8th September 2008
HIPs abolition order is signed and ready
Monday 17th May 2010
NEWS FLASH – HIPs suspended
Thursday 20th May 2010
NEWS FLASH:HIPs face certain death
Wednesday 12th May 2010
Print
RSS Feed
Share this article:
Digg it
Del.icio.us
Reddit
Newsvine
Nowpublic
Facebook
Feedback:
If you have any questions or suggestions about this article or our news section, please don't hesitate to contact us.Editorial Contact Details - Rosalind Renshaw | rosalind.renshaw@estateagenttoday.co.uk | 01252 843 566.
|
|
|
|
|
|
|
|
|
|
|
Think Money | Site Map | Introducer Today | Recruitment Today | Investor Today | Silver Surfer Today | Green Today | Links | RSS feeds | Advertise | About Us | Contact Us | Privacy Policy | Terms & Conditions
RSS feeds | Advertise | About Us | Contact Us | Privacy Policy | Terms & Conditions
Get Profile