The Times Weighs In On Property Portal Charges

The Times Financial Editor, Patrick Hosking has this week weighed in over the property portals’ “substantial” charges to estate agents.

Talking on Rightmove he said:

“Rightmove charges the typical agency branch £1,077 a month for its homes to be listed on the platform…That’s a significant outgoing for a branch, especially when every housing market indicator is moving in the wrong direction — new buyer inquiries, agreed sales and new instructions are all down.”

You can read more on this story at Property Industry Eye or read the full article here (although it’s likely to be behind a payment wall).

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