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More financial news from Rightmove. Property Portal Watch posts on the sale of Rightmove’s Holiday Lettings to Tripadvisor. Now I like Tripadvisor and I can see how this will fit with their company, but what, if anything, does this sale tell us? One should remember that any such sale will have been on the table for [...] Property Portal Watch posts that the Rightmove MD, Ed Williams, has sold almost 50% of his stock in Rightmove. Is it coincidence that he sold the day after Google announced their UK property search in Google Maps? Apparently, Williams sold 1,136,068 ordinary shares at an average price of 699.9325p per share. If you have been following the [...] The INEA newsletter popped into my inbox as it always does with a bold headline giving the impression of a tabloid newspaper. I am always half expecting to see a headline along the lines of ‘Agent sells house on the Moon’! Anyway, this week’s sensational news was ‘Rightmove promotes UK private sellers homes website’. A [...] As you may know, I don’t normally jump on the Rightmove bashing bandwagon, but I see on estateagenttoday that Rightmove are to increase their charges by 20%. What is it with these guys? First, they say google are rubbish, don’t worry about them and then go on to say, in fact…. we are so good we [...] |
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