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Utv Acquire 50% Stake In Propertypal

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Check out the statistics they added today for each property. It shows how long a property has been on and any price changes (like propertybee). Also shows how many page views it's had per day.

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They removed the length of time on the market when they upgraded the site. Great to have that back. I think I remember that the Ea's were not keen on that feature. Although it only works for some houses since some have been relisted I feel that maybe the EAs are no realising that they will have to start selling soon or there will be no jobs for them after christmas

I think they have removed how long a property has been listed, I can't see it anymore. :angry:

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They removed the length of time on the market when they upgraded the site. Great to have that back. I think I remember that the Ea's were not keen on that feature. Although it only works for some houses since some have been relisted I feel that maybe the EAs are no realising that they will have to start selling soon or there will be no jobs for them after christmas

Definitely a help, they do seem to be more buyer orientated than EA orientated, something I noticed speaking to the site developers aswell.

However it is not 'time on market', it is time listed for on Propertypal. Having collected data manually for a few years now, I do see alot of properties are on/off the market with different EAs like yo-yos, this comes up as a different listing on PN or PP with property Bee.

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Utv already have valuable property-shilling experience:

"TalkSport said the value of the deal was "very low" but admitted that the agreement, struck by the director of new media at parent company UTV Media, "ran contrary to established compliance practices"

http://m.guardian.co.uk/ms/p/gmg/op/sMD4EnR_MRIjrrz3VgWirMw/view.m?id=565996&tid=120787&cat=Media

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Is nobody else uneasy about media companies owning property websites?

Surely it gives them a powerful vested interest in doing the bidding of the property industry -

Belfast Telegraph = Propertynews.com (Independent News and Media)

UTV = PropertyPal.com

It hardly leads to the best of journalism - Helen Carson - but, more worryingly, played a major part in exacerbating the housing boom in NI. I'm not aware of such blatant conflicts of interest elswhere in the UK.

Surely this should be referred to the OFT or some kind of Parliamentary committee? I can't believe there's not more outrage about this.

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Is nobody else uneasy about media companies owning property websites?

Surely it gives them a powerful vested interest in doing the bidding of the property industry -

Belfast Telegraph = Propertynews.com (Independent News and Media)

UTV = PropertyPal.com

It hardly leads to the best of journalism - Helen Carson - but, more worryingly, played a major part in exacerbating the housing boom in NI. I'm not aware of such blatant conflicts of interest elswhere in the UK.

Surely this should be referred to the OFT or some kind of Parliamentary committee? I can't believe there's not more outrage about this.

I totally agree.

Very surprised peeps are posting on here how great showing the statistices on the property page is, I'm always very weary of things being dressed up to appear good to the buyer.

I can just imagine EA's clicking on the property and telling buyers "look at the amount of interest this property is getting, put your offer in now"

I feel Propertypal has lost the biggest thing which made it different from propertynews, it's independence. It's just another corporate property website.

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I totally agree.

Very surprised peeps are posting on here how great showing the statistices on the property page is, I'm always very weary of things being dressed up to appear good to the buyer.

I can just imagine EA's clicking on the property and telling buyers "look at the amount of interest this property is getting, put your offer in now"

I feel Propertypal has lost the biggest thing which made it different from propertynews, it's independence. It's just another corporate property website.

If my house was for sale I would no doubt be checking on it every day to see how many hits it got a day. I probably would be happy to see that it was getting at least one hit a day. On the days I would check twice it would record at least two hits.

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Hi Guys,

Just to address some of the concerns you guys have on our recent announcement, our ethos and site features.

Firstly, on the UTV deal, whilst we understand completely the fears over our impartiality, this simply isn’t how we have built our reputation and run our business in the past, and it isn’t how we will do so in the future – UTV or no UTV. We’ve been a contributor to this forum in the past, have neither been a bull or a bear, and will continue to uphold the moral standards to which you’ve become accustomed.

In any case, we are now only part owned by UTV, with 50% ownership. We see this as support that should be welcomed, as it will give us the leverage to build an even better site going forward - not as a sign that we will be bowing to the corporate beast.

As for our recent property statistics page, the decision to implement this was not one we took lightly.  We feel that it is a feature that our visitors would utilise, yet one that estate agents would potentially hate. So the decision to potentially bite the hand that feeds us (the agents) in favour of a feature that our visitors would applaud, should hopefully underline our belief system.

This isn’t however, some underhand attempt at allowing manipulation of the data or market, and feel that the feature should be taken in context, for what it is, an additional tool to help buyers. If we find that the data no longer becomes credible or useful, we’ll quite simply dump it.  

We have received as much praise, as critique on this so far, and it unfortunately appears to be one of these situations where we are damned if we do, and damned if we don’t. There are equally as many examples of properties which haven’t dropped in price, yet have been on (our site) for long periods of time, as there are properties which are apparently “being dressed up to appear good”.

Fundamentally, nothing has changed in our eyes – just that our hard work has now been recognised by a large organisation that needs to improve their new media offering.  Obviously, we’ll be continuing to listen, and respond to any critique which we receive, but I think it’s unfair to tar us with a brush from a case whose paint has already dried.

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Good to hear from you, ProperyPal, reassuring email.

It would be good to get the insider view from PropertyNews / Belfast Telegraph as well. Given what has happened to NI house prices over the years, and the influence of the media in the whole story, I think people are going put the media / property industry relationship under a lot more scrutiny.

Hi Guys,

Just to address some of the concerns you guys have on our recent announcement, our ethos and site features.

Firstly, on the UTV deal, whilst we understand completely the fears over our impartiality, this simply isn’t how we have built our reputation and run our business in the past, and it isn’t how we will do so in the future – UTV or no UTV. We’ve been a contributor to this forum in the past, have neither been a bull or a bear, and will continue to uphold the moral standards to which you’ve become accustomed.

In any case, we are now only part owned by UTV, with 50% ownership. We see this as support that should be welcomed, as it will give us the leverage to build an even better site going forward - not as a sign that we will be bowing to the corporate beast.

As for our recent property statistics page, the decision to implement this was not one we took lightly.  We feel that it is a feature that our visitors would utilise, yet one that estate agents would potentially hate. So the decision to potentially bite the hand that feeds us (the agents) in favour of a feature that our visitors would applaud, should hopefully underline our belief system.

This isn’t however, some underhand attempt at allowing manipulation of the data or market, and feel that the feature should be taken in context, for what it is, an additional tool to help buyers. If we find that the data no longer becomes credible or useful, we’ll quite simply dump it.  

We have received as much praise, as critique on this so far, and it unfortunately appears to be one of these situations where we are damned if we do, and damned if we don’t. There are equally as many examples of properties which haven’t dropped in price, yet have been on (our site) for long periods of time, as there are properties which are apparently “being dressed up to appear good”.

Fundamentally, nothing has changed in our eyes – just that our hard work has now been recognised by a large organisation that needs to improve their new media offering.  Obviously, we’ll be continuing to listen, and respond to any critique which we receive, but I think it’s unfair to tar us with a brush from a case whose paint has already dried.

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Folks,

A few of you mentioned that the stats could be manipulated by owners/agents clicking away to their hearts are content. As of today we have added a stat that shows the number of unique visitors alongside the number of 'hits'.

I hope this goes someway to show we are trying to ensure all stats are as useful as possible.

Regards,

The PropertyPal Team.

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Yes - I think PropertyPal definitly deserve credit for trying to make things as transparent as possible, and also for listening and responding to issues raised....

I agree with DB, I also think many EA's would be more than happy to reduce the prices that sellers are seeking so they can generate greater volume of sales.

Thanks Guys,

I know some people on this forum may be suspicious of us but all I can do is make my actions louder than my words. We have a cool feature coming in October and I will make sure the HPC guys get to hear about it first.

We started advertising on TV tonight. Here is a link to the advert on YouTube for anyone that's interested....

http://www.youtube.com/watch?v=8flQIDnywP0&feature=youtube_gdata_player

Cheers!

Edited by PropertyPal

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Propertypal

Congrats on the ongoing success of the website . its been good to see its rise against the dominance of the EA-biased Propertynews .

The advert is great , keep to your laurels , keep it real , dont let the utv deal affect your principles.

Your doing so much good for us HPCers and FTBers who have been watching and waiting while being priced out for 4/5 years +

weebobby

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I too would also like to voice my support for what PP.com have achieved with the site since it launched, particularly their Google-like "don't be evil" company ethos by adding value (and transparency) through data which benefits and aids the decision making of the prospective buyer or the casual onlooker.

Cards on the table time here. I've met the founder and Managing Director of PP.com numerous times and I'm continually impressed with how much he is eager to listen and respond to the needs of the sites users, particularly the views of first time buyers (such as myself). I have no doubt that that same approach will remain in place - irrespective of the recent UTV deal.

In many instances the discussions I've had with PP.com have turned into reality - for example it is no coincidence that transparent 3rd party functionality like that offered by property-bee and treesdontgrowtothesky (now irishhousehunter) have now been incorporated within the latest iteration of the site. As a web professional myself it's all about adding value for the user and making house buying more transparent. Goodness knows we need more transparency here - don't get me started on the Land Registry issue!

The site continues to develop and move with the needs of its increasingly savvy user base and I for one see that as a major differentiator when comparing PP.com with its many online competitors.

It cannot be easy to convince EA's that transparency can help sell houses (especially as prices continue to crash) but I for one do know that the guys and gals at PP.com intend to keep on innovating to keep it real and not let investor finance affect their founding principles.

Edited by paul65

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As the 'contact us' link on the PP.com site does not seem to be working, might I make a suggestion here in the hope that pp.com are watching.

The addition of the stats tab with price reductions etc has proved useful as it means I dont have to jump to other sites to get this information. Whenever I see a house I am interested in I always need to check the lpsni.gov.uk website to get the capital value. I then need to find the correct district rate to calculate the expected annual rates bill. If this value or a link was integrated into the stats tab it would prove useful.

Another check I perform on a regular basis is the BT broadband speed test for the postcode in question. As I, along with many other people, work from home, a fast conneciton is high up the priority list. Again, if a link to this info would be useful. The city dwellers amonst us might find this strange, but there are many areas of the countryside where broadband speeds are hit and miss.

Thanks in anticipation.

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Hi Guys,

Not sure what the problem with the contact us section is at the minute; we have tested on a couple of browsers, and can't seem to recreate the issue. We'd be interested to see a screengrab, or more details from gareth1214 on this if possible?

As for the cool new feature it, isn't far off. Next week in fact. We don't want to give too much away at this stage, but Dave's problem of bouncing between websites for info - is part of what it encompasses. As for the broadband checks we've already got this in place with UTV...as they use the BT exchanges this would be an accurate representation of the speed you are likely to receive.

Image of Broadband Check

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Just to let you all know,

That feature we've been hinting at (and promising to deliver here first this week) is now live. We've changed our stats page to 'insight' - and are now providing the 2005 rateable value as a comparison figure, which should hopefully make life easier for you guys who are used to jumping back and forward between the LPSNI and our site - (and indeed in finding the properties which are the same or below),

Feel free to let us know here or by email what you all think.

Regards,

The PropertyPal Team

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Just to let you all know,

That feature we've been hinting at (and promising to deliver here first this week) is now live. We've changed our stats page to 'insight' - and are now providing the 2005 rateable value as a comparison figure, which should hopefully make life easier for you guys who are used to jumping back and forward between the LPSNI and our site - (and indeed in finding the properties which are the same or below),

Feel free to let us know here or by email what you all think.

Regards,

The PropertyPal Team

Good job - great functionality and a real bonus to have all the data in the one place.

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • Even
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      • up 5%



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