Is Rightmove worth the money for Estate Agents? Let’s find out!

Written by Christopher Watkin on - Industry Interviews -

Rightmove have over the years made a lot of enemies and adversaries in UK estate agency as they are perceived to have monopoly power.

Some agents deride Rightmove for their constant uplift in charges.

Their charging model makes some agents blood boil.

In 2006, the average agent was charged £183 per month – in 2018 its £911 per month – a rise of 397% (if it had risen by inflation – it would only be £291 per month)

I interviewed Rightmove’s Commercial Director, Miles Shipside this very question.

Further reading can be found here in this 1500 word article “Rightmove and Estate Agents – Who is the Monkey and who is the Organ Grinder?” http://how-to-grow-your-lettings-agency.blogspot.co.uk/2017/09/rightmove-and-estate-agents-who-is.html

Here is the video interview

Thank you

 

Author: Christopher Watkin

I teach, guide, support, mentor, consult, counsel, partner many hundreds of UK Estate and Letting Agents in their quest to grow their estate and lettings agencies business.

Old school techniques of touting, landlords wanted leaflets, ring us for a free valuation, we have sold this in your street leaflets don't work anymore. There are too many competitor agents .. meaning cheap fees are epidemic, overvaluing is almost a norm to get the stock and don’t even mention about the online/hybrid threat.

So a few years ago, I set about looking around the UK and spotted that certain agents (not many mind you) in certain towns were still seen as the ‘go to person on property’, the person the newspaper editor rang up every week for a comment and I looked at what they did and they were doing some thing quite remarkable…. Only one thing but they were doing it so well .. and reaping the reward in terms of decent listings and decent fees, happy staff, decent sales pipeline and exchange income, managed lettings portfolios in the many hundreds .. but more importantly, they really enjoyed the job… they enjoyed getting up in the morning and people looked up to them

Over 400 agents around the UK are on a mission to change the way our Estate and Lettings agency profession is perceived and looked upon, doing it town by town, city by city. I guide these 400 agents, teach them, mentor them and support them to be seen in a different light, to be seen as the ‘go to person for property’, actually be the ‘local property expert’ and prove it.

Christopher Watkin
07950 147 572
[email protected]

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