Saturday, Feb 27, 2010
Oh boy!
Guardian: Footsie ends choppy week and rightmove soars!
Oh dear.
Posted by brickormortis @ 04:47 AM (1044 views) Add Comment
5 Comments
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1. hpwatcher said...
Not surprising, really. Very low interest rates etc....though, I dread to think what the situation would be like if bank lending wasn't at a 10 year low.
2. mick rupert said...
People do need places to live, and RM has done well out of lettings.
The market is indeed uncertain, but RM's fate is more closely bound with the destinies of imminent online services from Google and Tesco.
Also, 20% of estate agents went out of business in 2009. That's pretty good news considering what lying, thieving get-rich-quick scum they are! Estate agents should be banned from trading the goods they have a vested interest in - it's clearly a conflict of interest. The sooner they are gone for good, the better!!
3. cynicalsoothsayer said...
Larger numbers of properties for sale for longer periods increases RMs revenue.
4. brickormortis said...
How does RM generate revenue? I thought it was a flat fee for agents to advertise as they liked!?
5. Lewis0055 said...
I really can't see Rightmove's share of the market holding up once Tesco and Google get in on the act