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magazineRightmove has solid foundations
The UK housing market may be slowing down but online property portal Rightmove (RMV) is still demonstrating its ability to post solid growth by deriving more from its estate agent clients.
Average revenue per agent was up £81 per month to £911 in the first half despite an 8% year-on-year decline in housing transactions.
Rightmove’s market leading position creates a virtuous circle whereby it lists the most properties, meaning it is the place most prospective buyers go to look for a house, reinforcing its position as a must-have product for estate agents even during times of market uncertainty.
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