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Peter Green

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About Me

my expertise in the industry

Peter's Recent Activity

James' comments above .... 100% correct.

From: Peter Green 10 August 2022 12:17 PM

My dream: One day we’ll have some property portals that really do challenge the RM behemoth.....with all the attendant benefits that would subsequently flow. But alas, it is just a dream !

From: Peter Green 13 April 2022 08:10 AM

I thought the main issue was financial. Solicitors / conveyancers are usually not paid on a sale completing, but on a "time" spent working basis. "Sorry you're sale didn't complete, but here's my invoice for your kind attention". They therefore have no particular incentive to speed things along and pick up the "telephone machine". Estate agents, however, are usually only paid on results i.e. completion. If you make a conveyancers livelihood dependent on results i.e. sales completing, I suspect you'll get a much quicker "sales" process, with far less fall-throughs. Good luck trying to convince the conveyancers though !

From: Peter Green 22 October 2020 09:37 AM

We have similarly reported to Rightmove companies in our locality re-loading properties that have either been let or sold - alas to no avail. May be it's down to problems in their Data Quality team, or the fact that they have such a dominant market position that they don't need to worry about such issues ? Either way, RM really do need to "up their game"in this regard.

From: Peter Green 07 December 2017 11:37 AM

I'm sure the council would spend the money they raise in this way very wisely. They usually do !

From: Peter Green 03 October 2017 13:37 PM

Anyone for a HIP replacement ?

From: Peter Green 26 June 2017 17:27 PM

I wonder whether the HOA normalise their data to take account of different locations and property values..... so they're not comparing "apples" with "pears", so to speak ?

From: Peter Green 22 June 2017 06:52 AM

Cheer up Mark, it's the Season To Be Merry :-) Anyway, most people will search on-line for property these days !

From: Peter Green 02 December 2016 17:07 PM

Gimmicky schemes based on attracting as large a section of the electorate as they can, is what politicians do... for the most part

From: Peter Green 07 November 2016 17:45 PM

Shock... estate agents fees rise (approximately) in-line with the rise in house prices. Is this news ? Whether the fee is value for money is another issue.... if you're not getting the service you think you deserve, then come to my agency (damn... that's given the game away again !)

From: Peter Green 07 November 2016 17:35 PM

They could be in very hot water over this. However, I can't help thinking that perhaps the CMA should also have a close look at the dominant positions of RM & Z. Although no one has suggested that they are acting as a cartel (far from it I'm sure), their market dominance and hence ability to charge very high fees to agents (particularly wrt to RM) surely has a knock-on effect for the general (property buying/selling/renting) public.

From: Peter Green 29 April 2016 07:44 AM

Solicitors & Conveyancers to be paid ONLY IF the sale completes. That'll make them more customer focussed & speed things up !

From: Peter Green 24 February 2016 07:26 AM

We're not on OTM, but thought it was a good idea that they were going to challenge the RM / ZPG duopoly. Instead they announced the "...only one other portal rule...." which, even if successful, would have only ever replaced one duopoly with another. Not sure of the legal implications for them if they remove this absurd rule at this late stage.....but if they could, they might get some traction instead of having a beauty contest with ZPG.

From: Peter Green 22 October 2015 10:12 AM

Hi Rob In the "old days" a monopoly used to be considered present if a company had between 20% to 25% of market share. My point above was not that RM have done anything wrong, but that they have a dominant (monopolistic) position with 82% of portal traffic (as they say). As a consequence they are able to exert undue (price) pressure on their customers. Totally agree with you re OTM. Their strategy of "one other portal only" was dead in the water from the word go. The only "people" who were going to suffer were Zoopla and, as you say, it has lead to an increase in the dominance of RM.

From: Peter Green 10 August 2015 10:28 AM

82% of portal traffic ! I wonder whether the CMA - who recently fined some local agents & newspapers for anti-competitive practices - are going to investigate Rightmove's dominant position ?

From: Peter Green 10 August 2015 08:15 AM

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