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How does Rightmove work?

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  • Pepperoni
    Pepperoni Posts: 461 Forumite
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    House would show up as 'added in last 24 hours' if you make 2% price reduction or more.

    Other option would be to try and get it as one of the advert properties.

    Will only come back on in the 'added in last 24 hours' if it's been marked as SOLD for 14 days + and then marked as unsold again.
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  • first_name_would__be_good
    first_name_would__be_good Posts: 18 Forumite
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    Surrey_EA wrote: »
    The estate agent who first introduced the buyer to you gets paid the fee.

    However, if there is a period of longer than 6 months between the first viewing and the second viewing it is more likely the second agent is due the fee.

    So, if I change estate agents and someone who has previously been introduced to my property by the first estate and then buys the property the first agent agents gets paid and the second estate agent gets nothing?

    How would the first estate agent know who has bought the property and if it is several months later wont the second estate have been paid by then?
  • Surrey_EA
    Surrey_EA Posts: 2,042 Forumite
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    first_name_would__be_good wrote: »
    So, if I change estate agents and someone who has previously been introduced to my property by the first estate and then buys the property the first agent agents gets paid and the second estate agent gets nothing?
    Correct.
    first_name_would__be_good wrote: »
    How would the first estate agent know who has bought the property and if it is several months later wont the second estate have been paid by then?

    Sometimes they won't notice. However, if I were the first agent, I would be sending a list of people that I'd shown around to both you and the second agent.

    Maybe the first agent will check Land Registry to check who the new owner is, maybe they won't.
  • first_name_would__be_good
    first_name_would__be_good Posts: 18 Forumite
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    But what happens if you have paid the second agent and then months down the line the first agent wants paying? This is hypothetical as I am emailed all the viewings which have taken place by the first estate agent but just wondering if a person wanted to do a second viewing from the first agents list, wouldn't the second agent be annoyed to not be paid for their work once the sale has completed?
  • Surrey_EA
    Surrey_EA Posts: 2,042 Forumite
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    first_name_would__be_good wrote: »
    But what happens if you have paid the second agent and then months down the line the first agent wants paying?
    That's why you have the list of prospective buyers that the first agent has brought round, and you check against this list before accepting an offer through the second agent.
    first_name_would__be_good wrote: »
    This is hypothetical as I am emailed all the viewings which have taken place by the first estate agent but just wondering if a person wanted to do a second viewing from the first agents list, wouldn't the second agent be annoyed to not be paid for their work once the sale has completed?
    The second EA should also be checking whether an interested part has previously viewed through the first agent. If they do not, and put in effort for which they do not get financially rewarded then that's their own fault.
  • SuzieSue
    SuzieSue Posts: 4,096 Forumite
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    Pepperoni wrote: »
    Will only come back on in the 'added in last 24 hours' if it's been marked as SOLD for 14 days + and then marked as unsold again.

    Is it 14 days or 14 weeks? Some people have said 14 weeks earlier.
  • Surrey_EA
    Surrey_EA Posts: 2,042 Forumite
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    SuzieSue wrote: »
    Is it 14 days or 14 weeks? Some people have said 14 weeks earlier.

    It is definitely 14 weeks if you take a property completely off Rightmove then relist it. I can't remember how long the period is when a property changes status from sstc/under offer back to for sale.
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