Rightmove beats the property-crunch no problem.
Written by Mike Carter on August 29, 2008
Rightmove has produced some stunning results that were released today. All this tells you is that -
- Leads are king. He who has the leads gets the revenue.
- Leads in a down market become even more valuable.
- Online leads are cheaper than offline leads so the switch from traditional (print) advertising to online continues to shift the balance.
Highlights of the news include -
- Average cost for agents is 317 gbp per month, up 37%.
- 20.8 million gbp in profit
- 5% rise in member numbers
Read all about it here on Estate Agency Today.
