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The Masked Tulip

New 'rate Or Slate' Your Estate Agent Site Launches

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http://www.estateagenttoday.co.uk/news_features/New-rate-or-slate-your-estate-agent-site-launches

A new ‘rate or slate your estate agent’ website has launched.

Agents will have to sign up to it for £25 per month. In return, buyers and sellers will be able to leave reviews of the agent on the site and give an overall star rating.

The object is to allow other consumers to make an informed choice when instructing an agent.

http://www.estateagenttoday.co.uk/news_features/Rightmove-shares-soar-to-new-high-after-Google-quits-property

Rightmove’s shares continued to soar to new highs after the announcement that Google is withdrawing from the property portal market.

The shares ended trading yesterday up 35p (4.35%) at £8.39.

The huge rise was a mirror image to what happened when Google launched its property offering in the UK. Then, the shares plunged on the news to below £5.

Yesterday, a Google spokesman said of the company’s decision to abandon its attempts to crack the property search market: “This feature wasn’t used as extensively as we would have liked, and proved difficult to maintain, so we’ve removed it.

“Google likes to experiment because we believe that’s the best way to create ground-breaking products and features that make a difference in people’s lives.

“But not every bet is going to pay off.”

I can only assume that Google is making more money sellin their maps to RM. Odd though, as Google is a big player in Real Estate in the US now.

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Google out? Interesting ....

Rightmove a natural monopoly? Nah, too juicy for that. Maybe an opportunity for AN Other big Internet name - like Amazon or EBay - to get together with one or more sub-rightmove site - like zoopla or globrix - and throw down the gauntlet!

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Agents will have to sign up to it for £25 per month

Um, oh no they don't.

Why would an agency pay 300 pounds per year to be slagged off by their clients?

This is an internet business model I confidently predict will fail

tim

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  • 245 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% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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