Taking a Hit: How property portals are reacting to Covid-19
Property portals around the world are rallying to retain customers as the Coronavirus lockdown quells market activity; British portals are offering the deepest discounts of all.
What to read next
Covid-19 has hit Rightmove revenues ‘ten times’ harder than other portals
Analyst Mike Del Prete has looked into Covid-19's effect on global real estate portal revenues, suggesting that the UK's number one portal has been hit significantly harder than international comparables.
Property portals are ‘displacing agents’ by ‘moving closer to the transaction’, says proptech expert
'In their efforts to diversify revenue streams, real estate portals are moving closer to the transaction and doing more of the transaction', says Mike DelPrete in an in-depth report on the future of property…
Chinese property portal & Asian real estate platform merge to create international new-build powerhouse
Juwai.com and IQI Global have merged to create 'Asia’s biggest proptech group specialised in global new development properties'
Most read
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
Guernsey’s biggest privately-owned estate seeks £65mn
The 80-acre Havilland Hall comes with a Regency mansion, a private 'village' and an array of leisure & business facilities.
Grosvenor Square penthouse finds buyer at nearly half its original asking price
Seven-day exchange follows more than three years of marketing for hefty Mayfair duplex.
Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Inside 1 Mayfair: Caudwell completes first residence at ultra-luxe scheme
Lavish show apartment dressed by New York designer Jamie Drake is pitched at £83.7mn.
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Interview: Alexander Main on entrepreneurship, building a brokerage & getting PCL deals done
‘You can’t just wait for the market to come to you’: Agency founder talks HNW buyer trends, turning marketing spend into sales & why half his firm’s deals this year have involved another agent.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
UK Sotheby’s signs Surrey specialist from Savills
Experienced agent joins as firm gears up for ‘important next step’ in the county.
Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
LATEST ARTICLES
Former Lodha director joins country house agency
Independent firm brings in top-end operator as Regional Director to strengthen its Cotswolds presence.
Belgravia townhouse with royal past reportedly finds £39mn buyer
That price would top the £35mn paid for a Grade I-listed neighbour earlier this year.
Sami Robertson: Have we forgotten how to sell the extraordinary?
An unusual dinner in a remarkable London home prompts the Harwood Advisory founder to ask whether agents have become too caught up in the numbers.
‘Margins are squeezed from both ends’: Luxury design firms feel the pinch
New survey reveals how wealthy clients are driving harder bargains - and how architects, designers, consultants & contractors are responding.
HMRC can use street photos to help decide which homes face the ‘mansion tax’
Council tax inspectors can photograph homes and gardens from public roads without the owner’s permission.