Anyone figured out how to search for newly added houses on onthemarket?

Mallotum_X

On the market is attempting to kill off zoopla and damage rightmove. I would expect a legal challenge before too long as clearly the way it is set up and runs is anti-competative. but until then the big estate agent cartel will keep pushing it.

Trouble is as others have highlighted its actually pretty poor compared to Rightmove and Zoopla.

westv

For me - Rightmove first, the rest nowhere.

makeyourdaddyproud

Mallotum_X wrote: »

On the market is attempting to kill off zoopla and damage rightmove. I would expect a legal challenge before too long as clearly the way it is set up and runs is anti-competative. but until then the big estate agent cartel will keep pushing it.

Trouble is as others have highlighted its actually pretty poor compared to Rightmove and Zoopla.

What on earth are you talking about?

Have you not heard of the word "Capitalism"?

There will be no legal challenge, because there is nothing to challenge. New players in the market are just that and will build their own customer base.

I think it's funny how some people will say "dont bother using this company" blah blah but end up using them exclusively. Wasn't to long ago Bebo was the number one social networking site, need I tell you the rest?

No player is too big to fall.

heytoki

With on the market you can set an alert and you will receive an email with the new properties coming up. I dont think they have 48 hours exclusivity thou. Sometimes i recieve the email from on the market and straight away an email with the same properties from RM, or the other way around.

Even though i have setup the alerts with RM and On the Market for properties that just come up to the market, when i go online to check myself, i prefer RM as On the Market doesnt have the option to select just properties recently added within 24 hours.

Also, i havent been able to find the On the market app. Does anyone know if the app is available for Android?

Mallotum_X

makeyourdaddyproud wrote: »

What on earth are you talking about?

Have you not heard of the word "Capitalism"?

There will be no legal challenge, because there is nothing to challenge. New players in the market are just that and will build their own customer base.

I think it's funny how some people will say "dont bother using this company" blah blah but end up using them exclusively. Wasn't to long ago Bebo was the number one social networking site, need I tell you the rest?

No player is too big to fall.

Have you heard of rules around competition, cartels and monopolies?

Or perhaps you dont understand how this new portal is set up?

The large estate agent groups have set up this new portal, and have agreed amongst themselves that they will only use this site and one other, plus an exclusive period on which houses are only on this site.

Probably legal to do so, but questionable.

However this site then is open to other agencies that also must comply with these rules. Thats where the anti-competitive element comes in. Online agencies are banned,

As the large agencies are on there, the smaller ones will have to use it, which then forces them away from zoopla etc, deliberately restricting choice for the consumers, harming choice, and ultimately pushing up costs to the consumer.

If it was a new independent portal adding to competition that would be good, but clearly it's not.

Hoploz

When RM first came out there was a massive to-do about it. Started by Countrywide, who owned a whole range of the big estate agent firms at the time, it was seen as them attempting to take charge and monopolise the market, and it was widely hated by anyone other than Countrywide. There were various competitors such as Fish4, Look4property, findaproperty etc etc. Now we are seeing it as the poor unfortunate victim.

Markets move on over time. Especially online.

makeyourdaddyproud

Mallotum_X wrote: »

Have you heard of rules around competition, cartels and monopolies? [Yes, it doesn't really apply here - there are only 6 big players in each of the energy and mobile telecoms market, I don't see any of them being shut down]

Or perhaps you dont understand how this new portal is set up? [That's neither here nor there, it's a business and if agencies want to create an entity which betters their collective interests they can do this with impunity]

The large estate agent groups have set up this new portal, and have agreed amongst themselves that they will only use this site [Huh, so what? They put up the money, created the infrastructure and are taking the risk against the already established monoliths RM and Z] and one other, plus an exclusive period on which houses are only on this site. [Sounds like a good idea to me, aren't RM and Z already monopolising, and contrary to your complaint and about a new service doing the same?]

Probably legal to do so, but questionable. [I still don't see your argument. Sure there will be winners and losers, but the sad fact is it so long as someone benefits - and there will be people who wont, there will be no parliamentary investigation]

However this site then is open to other agencies that also must comply with these rules [And?]. Thats where the anti-competitive element comes in. Online agencies are banned [Their org they can vet who they like. Didn't golf clubs ban women, and for many years]

As the large agencies are on there, the smaller ones will have to use it, which then forces them away from zoopla etc, deliberately restricting choice for the consumers, harming choice, and ultimately pushing up costs to the consumer [Where's your evidence and proof of this?]

If it was a new independent portal adding to competition that would be good, but clearly it's not. [Clearly, you are alone]

I am all for competition, and this new company has a sound idea. Not all properties will sell in the 'value window' promoted by them and there will always be a place for sites like RM.

Mallotum_X

Please explain how a dominant sector of the market forming a cartel and restricting access is good for competition?

marjrie_2

rosie383 wrote: »

Thanks for the feedback. So back to RM it is. Unfortunately in my area the market is very fast with houses sold within hours. And yet more price rises!! We found that houses which would've been on the market for £190-200k last summer are now coming on at £220-230k. Oh, until this weekend where they are now appearing at £240-250k!
GRRRRRRRRRR

Do you mind saying where it is that houses are selling so fast please?

rosie383

marjrie wrote: »

Do you mind saying where it is that houses are selling so fast please?

It's in Luton surprisingly enough. Most are being sold to London buyers. And because people are being priced out of the market in surrounding commuter towns such as St Albans, they are also coming up here as they can't afford to buy in their own towns. There are some houses which have been sitting on the market for months, but they were overpriced initially or have something wrong with them.

Some were on the market a few months ago, didn't sell or the sale fell through, back on the market with new agent and an increased price. A lot of the houses are selling before they even hit RM.