Rightmove Advising To Buy Now In London Before - Prices Have Bottomed!

rumbaba

With £750M slashed off property in London, bag your city bargain!


Dear London homemover,
With Rightmove experts forecasting that 2009 will be 'the year of the property deal'; there has never been a better time than right now to buy in the capital.
According to our figures, since January 2009, over 15,500 properties have had their asking price slashed, amounting to a staggering saving!
Want to know which London borough has the best property deals and how to get to them first? Read on to find out!

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2 bedroom maisonette
£364 per week
Camden

Light and airy with separate reception room and communal garden. Fully furnished and nr Mornington Crescent tube.
2 bedroom house
£370 per week
Micklethwaite Road, Fulham

Two double bedroom house with a private garden. Arranged over two floors of a Victorian style house.
4 bedroom town house
£1,500 per cal. month
Winchmore Hill, N20

Beautifully presented and fully furnished with four bathrooms, landscaped garden and off-street parking

London properties for sale

6 bedroom house
£1,300,000
Crouch End

Beautiful and substantial family home perfectly situated on a quiet popular road close to the bustling Broadway.
1 bedroom apartment
£225,000
Garratt Lane, Earlsfield

A spacious, light-filled and well presented one double bedroom first floor conversion flat.
2 bedroom flat
£425,000
Greenwich, SE10

Prestigious converted apartment with its own private garden close to the Royal Park.

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rumbaba

http://email.rightmove.co.uk/interface/external_view_email.php?B810711276680391433196252513

gjchester

Or Rightmove is feeling pressure from Estate agents leaving it using other web sites (Lower fee's) and is trying to drum up business as a reason for EA to keep using it...

lynzpower

EAs hacve been deserting rightmove in thier droves, plenty of evidence of that!

Prices have not bottomed I love the way they are saying that- how do rightmove know more than the IMF?

rumbaba

gjchester wrote: »

Or Rightmove is feeling pressure from Estate agents leaving it using other web sites (Lower fee's) and is trying to drum up business as a reason for EA to keep using it...

Which websites are people moving to then? And how are those other websites persuading people to buy?

Rightmove is the biggest property website in the UK - and they know their stuff.

gjchester

rumbaba wrote: »

Which websites are people moving to then? And how are those other websites persuading people to buy?

Rightmove is the biggest property website in the UK - and they know their stuff.

Rightmove is like Ebay, the biggest and most used, but not the only one, but they know they the biggest and can charge the most in fee's. Primelocation and Fish4 are others, but not as heavily used. A few of the local EA's have stopped using RM saying they jacked the fee's up and they don't see the benefit over other sites.

At the end of the days its the EA's choice, and the vendors will pick an EA according to there ability to sell, not who they advertise with. Most buyers will be signed up to a few proprty website, (we did) so it doesn't matter which site they come from it matters they are seen by the potential vendor, and at the end of the day the local rag is jsut as useful if you buying in your local area.

blunt_crayon

if you were to believe the property section of my local paper, it's been a fantastic time to buy for the past six months. said property section funnily enough makes its money from advertising for EA's. take it with a pinch of salt.

does anyone know how rightmove actually makes its money? does it charge a flat fee for advertising via the site, with extra for premium listings? does it charge a commission on a sales basis? or a click-through basis? would be interesting to know.

puddy

i only ever use rightmove, cant stand the others, too slow, too cumbersome and not user friendly enough

chickmug

blunt_crayon wrote: »

if you were to believe the property section of my local paper, it's been a fantastic time to buy for the past six months. said property section funnily enough makes its money from advertising for EA's. take it with a pinch of salt.

does anyone know how rightmove actually makes its money? does it charge a flat fee for advertising via the site, with extra for premium listings? does it charge a commission on a sales basis? or a click-through basis? would be interesting to know.

In my case (ex agent) it was a sizable fee every month and I could list as many as I wanted.

Wig

jenner wrote: »

i only ever use rightmove, cant stand the others, too slow, too cumbersome and not user friendly enough

As a buyer, I use primelocation - which is great for it's map search facility
Globrix for it's user friendly and good filtering options
And Rightmove, which I only use because of propertybee and because for whatever reason some EA properties are only on rightmove and not my preferred choice - primelocation/globrix

If propertybee would include primelocation and globrix it would make me very happy.

My ideal site would be Globrix with a map search, propertybee and allowing private vendors to advertise their homes.

Running_Horse

If prices are about to rocket in London, no doubt Rightmove's owners are buying heavily to boost their company income and enjoy handsome future profits. No? Thought not.