Rightmove’s revenue & profits jump 10%, but agency numbers dip
3% fewer estate agents are listing properties on Rightmove compared to last year - but they are spending more
Rightmove’s profits & revenue jump despite falling branch numbers
Estate agents spent an average of 8% more with Rightmove in 2019 than in 2018. But the portal lost 3% of its member agencies in the year...
Rightmove profits jump as estate agencies spend over £1,000 per month on advertising
The property portal's average monthly revenue per advertiser (ARPA) increased from £922 in 2017 to £1,005 in 2018, while the number of member branches has 'remained stable'.
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
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Property portal reports significant January jumps for both new sales listings & asking prices.