Tag: zoopla


Rightmove most profitable in world – DelPrete

Rightmove most profitable in world – DelPrete

Top British classified Rightmove.co.uk is the world's most profitable real estate platform. Mike DelPrete, an industry expert and senior consultant of the AIM Group, made an in-depth analysis of global property sites. He concluded that Rightmove's 75 percent EBITDA margin (on earnings before interest, tax, depreciation, and amortization) made it the world's most profitable real estate site. 


In UK, InvisibleHomes lists off-market properties

In UK, InvisibleHomes lists off-market properties

London now boasts what may be the world's first "off-market" real estate site. InvisibleHomes.co.uk connects potential purchasers with people selling their home "off-market". It adds a new layer of search sophistication to U.K. property classifieds, albeit at the cost of semantic confusion.


UK High Court approves OnTheMarket float

UK High Court approves OnTheMarket float

The U.K. High Court of Justice Chancery Division formally sanctioned the member vote of Agents' Mutual in favor of floating OnTheMarket.com on the London Stock Exchange (LSE). This was the final legal step for the proposed IPO, and the path is now clear for the company to plan its listing on the LSE.


In the UK, EasyProperty.com relaunches as hybrid

In the UK, EasyProperty.com relaunches as hybrid

EasyProperty.com relaunched as a hybrid real estate site in England and Wales following its June 2017 merger with GPEA Ltd, the parent company of the Guild of Property Professionals and Fine & Country. It offers online sales packages mediated by a team of more than 350 local property professionals.


Agents react to Rightmove listing-fee hike

Agents react to Rightmove listing-fee hike

Leading U.K. real estate site Rightmove.co.uk raised its listing fees, so agents will pay up to £1,750 ($2,300 U.S.) per month for advertising on the site. There are two lower tiers of pricing: the 'essential' package for £1,000 per month, and 'enhanced' for £1,450.


Zoopla buys comparison site Money.co.uk

Zoopla buys comparison site Money.co.uk

Another day, another acquisition for the Zoopla Group (ZPG). The UK property site’s latest acquisition is Dot Zinc Limited, owner of Money.co.uk, a financial services comparison site. ZPG is paying £80 million ($105 million U.S.) up front for the company with an additional performance-based earn-out of up to £60 million possible, according to the ZPG press release. Money.co.uk compares financial products in more than 60...

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Agents’ Mutual votes for OnTheMarket to list

Agents’ Mutual votes for OnTheMarket to list

OnTheMarket.com, the U.K.'s third-largest property site, will float on the London Stock Exchange (LSE) following a vote by members of the parent company Agents' Mutual. The vote still has to be confirmed by a court on Monday. But, this is simply a formality. 



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