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Why does the Estate Agent do this and does it matter?

On 14th November 2022 i asked an estate agent to fully manage a rental property. A tenant was found within a couple of weeks and then stayed for 1 year. After the one year term the tenant left and i now live in the property. I use the property log extension in google chrome which shows the estate agent is still logging into my property on rightmove and constantly changing the rental figures (from weekly to monthly).
The property currently shows as off the market so will not display in search results.
But i cant understand why they keep changing the price of my property when they now have nothing to do with it?
Image below is from propertylog

Comments

  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,920
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    It looks like an automated or erroneous change that is then being manually undone, rather than anything specific to your property.

    Not an issue.
  • RHemmings
    RHemmings Posts: 3,206
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    edited 6 February at 9:36AM
    Perhaps the EA has that page open and ready to do something so that they can pretend to be working when the boss walks by. 

    If you decide to rent in the near future, and someone links your new listing to your old listing in PropertyLog, then this strange history may show up. And, with me thinking as a potential renter, I would wonder what is going on there. Not a biggie, but it would certainly make me wonder about how ... sensible ... the letting agents and potentially landlord are. 
  • eddddy
    eddddy Posts: 16,144
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    Is the agent doing the same with other properties - or just yours?

    I'd guess the agent is trying to manipulate Rightmove's algorithms, but I don't know enough the algorithm's to say how.


    For example, the log (erroneously) suggests that the asking rent has dropped by 76.9%. If the flat was actually available to rent, a reduction of 2% or more would mean that the details would be sent out again in instant alert emails to potential renters.

    But as it's not available to rent, maybe the price changes keeps it near the top of the list of "Include Let Agreed".

    So landlords wondering "Which agent has lots of success with 'Lets Agreed'?" will see lots of properties with your agent near the top of the list.  But that's just a guess.


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