Property ranking service wins over more agents

A new property analysis website, which independently ranks properties for sale on their investment potential, is said to be gathering momentum.

Rankdesk.com was launched in December, ranking properties as though they were shares or some other asset class. It began by initially analysing properties from Douglas & Gordon, and Marsh & Parsons.

Several other London agents, including Kay & Co, Sandfords and James Taylor, have now signed up for the service which is currently free but restricted to London.

Rankdesk provides impressive independent reviews taimed at helping  investors make informed decisions.

Criteria used include proximity to transport, cashflow, net yield and minimum floor area standards. Using these and other criteria, rankdesk then publishes weekly ‘rankings’ which highlight the top performing quality and investment properties submitted by participating estate agents.

Because the public rankings are limited to the top 100 properties only, rankdesk also offers a bespoke ‘on-demand’ analysis service. By inputting the URL link to any central London property, users receive a five- page analysis report on the property within 24 hours.

Martin Bikhit, of Kay & Co, says: “rankdesk is an innovative and original idea which has been welcomed by all of the property investors we have spoken to, particularly those unfamiliar with the London market.

“It offers a comprehensive and easy to understand analysis of how a property ranks, both in terms of quality and as an investment, by using a series of clever tests.”

Savvas Verdis, founder of rankdesk and a fellow of the London School of Economics, has used seed funding to get his project off the ground.