Estate agent off right move

pjmtq

Just found out that my estate agent has dropped off Rightmove from 1st May, house has been on market since 1st April only 3 viewings and have dropped price, so at the bottom of the range compared to similar properties.

Apparently Rightmove costs have increased 30% and they claim to have better responses with a new site; propertyfinder. How improtant is being on Rightmove?

We want to get more viewings and don't know what to do, cutting price made no difference so another few £k is unlikely to help.

TTMCMschine

I browse rightmove just to be nosy. If i were looking for a property seriously, i'd be down at the estate agents. RM is a useful tool, but not one i would rely on when buying a house. I think it would be fair to say the market is incredibly slow, and you may need to sit this one out. People won't be breaking down your door. I think a bit of patience is all that's needed for now.
I get the stats from rm for my grandmother's house. I don't think they give a real indication about the market, or an indication of interest.

Debt_Free_Chick

I'm the opposite - I use RM to review all the properties available to me and I discount a good number based on the usual criteria, including location. Basically, anything I view I've found on RM - though I'm also registered with all local EAs too.

It's difficult to know how many prospective buyers are using RM

TTMCMschine

Debt_Free_Chick wrote: »

I'm the opposite - I use RM to review all the properties available to me and I discount a good number based on the usual criteria, including location. Basically, anything I view I've found on RM - though I'm also registered with all local EAs too.

It's difficult to know how many prospective buyers are using RM

I agree. However i think it's possibly not the most reliable method. I've rung up about properties on rm only to find out they sold ages ago. The latest info and details in my eyes come straight from the horses mouth, and although it can be a useful tool, i would be surprised if serious potential buyers would feel it had more relevance than an ea.

chickmug

TTMCMschine wrote: »

I've rung up about properties on rm only to find out they sold ages ago.

Not Rm's fault as it is the individual agents that updates (or not) the details.

lostinrates

Although I recognise RM is the more popular amoung agents I find primelocation better because of the key words option. Also, depending on what bracket your house is in..I'm looking for something less common in a wide area....going to all the estate agents covering ive counties would be more than a full time job, lol. But for a standard residential home in a smaller area I'd be making friends with the local agents and the local newspapers I'm not educated at this, though, just saying what I'm doing as a (possible) buyer

PasturesNew

Check your contract, see if they promised to have you on RightMove. If they did, you can pull out of the contract perhaps and put it with one that does use RM.

PasturesNew

Most estate agents won't take my details to put me on a list, so using RM is the only way I'd know about a property, then I'd have to individually contact that agent.

Often, when you go in agents outside of office working hours, they're already busy with people so you'd have to wait and they don't acknowledge you exist so I shove off.... and if they speak to me I find they ask what I want, stick a couple in my hand, but don't offer to put me on the mailing list. This might be because I don't have a man with me. But I refuse to hire a rent boy just so I can look like a couple in order to get served.

When I have managed to make it to a list I've only ever received the standard weekly mailing. Never had a call about a specific property that might be what I am after.

Annpan

PasturesNew wrote: »

Most estate agents won't take my details to put me on a list, so using RM is the only way I'd know about a property, then I'd have to individually contact that agent.

Often, when you go in agents outside of office working hours, they're already busy with people so you'd have to wait and they don't acknowledge you exist so I shove off.... and if they speak to me I find they ask what I want, stick a couple in my hand, but don't offer to put me on the mailing list. This might be because I don't have a man with me. But I refuse to hire a rent boy just so I can look like a couple in order to get served.

When I have managed to make it to a list I've only ever received the standard weekly mailing. Never had a call about a specific property that might be what I am after.

Have you ever looked on fish4homes or Houseladder? Fish4homes includes estate agents and those from private sites like Hot property etc. You can register on Houseladder for updates on newly available properties as well.

otter1_2

I can be a bit of a control freak so I much preferred to use RM, as opposed to being at the whim and fancy of agents. I still signed up with a load, but I found that I was not being sent details of properties any earlier than they appeared on RM, so as time went on I paid less attention to the individual items sent by agents and more to the movements on RM.

Don't even get me started on postal lists - not worth the paper they are printed on! Everything gone or changed since they were sent to me except for a large rump of the properties which I had long since identified as having been on the market for months and months.

I should add that I was looking at the London market and it could be that agents aren't so into using RM quickly in the rest of the country.

Kez100

I expect it's cutting back on costs at a difficult time. In the 90's the local newspaper pages selling homes became very light indeed!